Key take aways for mine
- cash burn high - what’s the breakdown of this seems way off surly not all on WD ? Someone can answer me here?
- Newcrest looking likely to drill in the first half ? Means second quarter of this year. Delays / time expectations re-forecasted approx 6 month to drill than anticipated by everyone including management.
- White dam not profitable yet although works in the background / heap leach piles and increased grades point to increase in profits and the output increasing.
-WD sale still looks not viable to date. Time I’d think if sale is to take place is now back half of this FY. Delays and another re-forecast at in expectations.
overall probably lucky we swindled Collins street and the walker group to participate in this raise happy I’m on the sidelines for now. can’t see it rising anytime soon. Nothing material on the calandra either for a few months at least.
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