Post by
snowshoedb on Jan 09, 2023 8:05pm
Next Communication = Q4 Production... then expect Crickets
I expect production numbers this week... lets see if they come even close to the revised guidence.
I then expect silence until the year end financials are posted.
I suspect that there will be some better communication before the next AGM with respect to the exploration drilling so as to calm shareholders and reduce the venting because of missed guidence, additional costs and delays on commissioning due to supply chain snafu's and poor QA evident on the hoist wire quality.
These delays were certainly costly because existing Shareholders are staring at a 10% at the market dilution. This is a far cry from the pre tax IRR of 135% and Kiena CAPEX funded from Eagle Mine internal cash flows.
Let see if the company can recover with some timely good news. It will certainly be an interesing AGM.
Comment by
steve957 on Jan 11, 2023 1:21am
WDO is becoming a more and more attractive takeover target !!! especially if gold keeps going up,,, they are procesing more ore since anouncing comercial production so AISC should go down,,the rise in gold prices will help too,,,will be nice to hear what they guied for in 2023
Comment by
pfm1998 on Jan 12, 2023 3:48pm
Hey there .... crickets is right! Don't understand the radio silence! Any chance they are in discussions? It's as though everyone at the company doesnt work there any more. IR was always terrible to start off with! Where is everyone?
Comment by
steve957 on Jan 12, 2023 3:56pm
yea 18.50 a share all cash deal :)
Comment by
pfm1998 on Jan 12, 2023 4:14pm
Would be nice though undervalues but given the share price lagging would not be surprised if shareholders take a deal..... of course that's if there is a deal that surfaces. Have heard od anything going on?
Comment by
steve957 on Jan 12, 2023 7:51pm
not something i concern my self with,,,but i am loving this buying oppertuinty,,, two teir 1 hi grade gold mines located in canada 10 grams a ton, one mine financed with earnings from the other,,i dont think duncan has soiled his name, more like a mining legend !! A soiled name would be someone like sam bankman freid, joe biden, etc lol