re: Ann: AXM: Update on sale of Wiluna Gold P... So trading halt till Wednesday was for the now delayed purchase of the plant that will be settled on Friday?
This is my take, i think if drilling a Williamson was successful the results would have been released to the market coincide with the completion of the plant acquisition on the first date 18/2….Given they had over 200mm of abnormal rainfall for the month Jan this plan did not eventuate!….So they have now extended the settlement date of the plant to coincide pending Galaxy drilling….
Part of me wishes they would just settle the friggin plant given they have the cash…..But i think management are fairly confident about there drilling targets and are no doubt trying to get the markets attention, may as well work it to your advantage!!
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