The rhetoric around Big Bell is another fly in the ointment.
June quarterly quote " Big Bell output improved progressively through out the quarter with the mine ultimately achieving a theoretical run-rate of 460,000tpa."
September quarterly quote " Big Bell output increased to a run-rate of 600,000tpa based upon September monthly output and continues to increase as more extraction point's are opened."
December quarterly quote " The construction ramp up continues with improved outputs evidence of the overall operation result."
March quarterly quote " Underground mining during the quarter was dominated by Big Bell producing 136,743 tonnes"
According to last quarterly update 136,743 tonnes which would equal 546,972tpa. Only marginally better than the theoretical run-rate of 460,000tpa mentioned all the way back in the June 2020 quarterly and below September 2020 theoretical run-rate of 600,000tpa.
I bought into the WGX story with the belief that this quarterly would finally show their investment in Big Bell was going to strongly bump up production numbers.
Fool me ounce shame on you fool me twice shame on me.
Ann: Quarterly Activities Report, page-17
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