WEC white energy company limited

WEC's position - cash running very low

  1. 1,948 Posts.
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    Quarterly Report to 30/06/2017 - Http://www.asx.com.au/asxpdf/20170731/pdf/43l1d1m7gnsnyz.pdf
     River Energy has been unable to secure access to a supply of fine coal for its proposed BCB plant in South Africa (April)
     Drilling of a possible iron oxide-copper-gold-uranium target underway in South Australia (April)
    At 3oth June 2017  WEC had cash and equivalents of A$3,311,000.  Estimated cash outflow to 30th September 2017 is A$1,112,000.
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    Bayan have appealed the Tranche 2 decision in August 2017.  WEC are to update shortly. The court had ruled in Favour of White Energy's subsidiary on Tranche 2 in July 2017.  White Energy have invested over US$110 million in Tabang Project.
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    Review of Investment in Mountainside - 28/04/2017 - http://www.asx.com.au/asxpdf/20170428/pdf/43hw9lk8lvfxy9.pdf
     Exploration and infill drilling program at Mountainside Coal (USA) completed with over 160 wells drilled since October 2016
     Sale commenced for Mountainside Coal Company in USA (July 2017).  A number of parties have registered an interest and are reviewing details.
 
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(20min delay)
Last
4.0¢
Change
0.000(0.00%)
Mkt cap ! $12.46M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 33614 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 958 1
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Last trade - 16.21pm 07/08/2025 (20 minute delay) ?
WEC (ASX) Chart
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