WGX 3.26% $2.67 westgold resources limited.

Ann: Presentation - FY22 Financial Results and FY23 Guidance, page-39

  1. 4,302 Posts.
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    Cheers mate.

    I have some work to do over the weekend.

    I read a little about BB history of seismic activity but from what I found the last serious incident happened over 2 decades ago. From what I've read the there was several changes to the mine design to mitigate the problem ( increased access points, reinforced plating, changes in orientation of drive shafts and closure of problematic blasting zones).

    Your point about the rock hardness is an interesting one. I would have thought changing the cone crusher, jaw crusher, crushing circuit etc would be a relatively inexpensive compared to the 2mtpa upgrade scoping study quote of 65 mill .

    I never thought there were nefarious intentions behind the accounting change but I could be wrong. I'm going to have a dig around to compare the old numbers for Tuckabianna and Bluebird.

    Agree on GCY, luckily I have an absolute boat load of them. Sitting real pretty.
    I am extremely glad GCY didn't merge with WGX. Maybe GCY will buy out WGX lol.

    DYOR
    GLTAH





 
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