WGX westgold resources limited.

Ann: Operational Update, page-65

  1. 4,090 Posts.
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    Big Bell getting into the new areas is a plus. Should increase grade and volume. This one is the big one, they always talked of. The $A gold price is still above $2,600 been there quite a while. The new approach replacing diesel with local gas in the plants should be a good cost saver.

    Unfortunately, for takeover prospects, Gascoyne of the new plant have found some better grade gold very close to the plan, so that will be a booster, but not much at the moment.
    Their new mining training area should gradually alleviate the labour supply situation and so boost production and productivity.


 
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