WDR 0.00% 14.5¢ western desert resources limited

Just going over some past annoucements adn see around mid last...

  1. 8,134 Posts.
    lightbulb Created with Sketch. 16
    Just going over some past annoucements adn see around mid last year the company raised around $100 million at 70 cents.

    Of that moeny raised there is only $6 million left in the bank as of last quarter and a $30 million loan facility which has recently been arranged.

    With current quarterly cost of around $30 million the company is either going to need to arrange another debt facility or perform another capital raising.

    I understand that the mine should be producing in October which is still 4 months away but i cant see any real figures of costs and profit projections.

    I cant even find a feasibility study for the project..... Am i going blind???
 
watchlist Created with Sketch. Add WDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.