WGX westgold resources limited.

Ann: Drilling Commences at Caustons, page-26

  1. 5,309 Posts.
    lightbulb Created with Sketch. 4251
    Agreed mate.
    Those figures aren't showing any issue with the Tucka mill that WGX would want to hide, that was my point.
    Myself and @CashedUpBogun were just wondering why they had stopped reporting CGO and MGO separately in the Sept Q to combing them into one Murchison category.
    I'm speculating it was to deflect the spotlight from illuminating the underperformance of Big Bell.
    BB had so many setbacks, so much sunken capital and was consistently underperforming on grade and tonnage.
    I'm gathering that this pissed off more than a few investors.

    The great thing for us today is WGX is trading at red dot special prices just as BB is about to hit cash cow mode.


    https://hotcopper.com.au/data/attachments/4643/4643521-643cbc78f27e010d873ac54e9c63a2f5.jpg


    Sure there are some seismicity issues in the past but they have been effectively mitigated for the better part of 20 years.
    There was comprehensive safety analysis completed in the year 2000 on Big Bell.
    Here is some of the changes that have greatly decreased the probability of future rockbursts.
    https://hotcopper.com.au/data/attachments/4643/4643495-7095c2c0b0fae6eeca8a8889cc072f2b.jpg
    https://hotcopper.com.au/data/attachments/4643/4643497-c80607c19bc4fa27e5db0b70d47f3b95.jpg

    https://hotcopper.com.au/data/attachments/4643/4643516-e2125fdc5334cc7cecfc4f8671529aea.jpg

 
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Last
$2.92
Change
-0.010(0.34%)
Mkt cap ! $2.753B
Open High Low Value Volume
$3.03 $3.07 $2.92 $10.56M 3.567M

Buyers (Bids)

No. Vol. Price($)
5 48144 $2.92
 

Sellers (Offers)

Price($) Vol. No.
$2.96 88107 4
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