Wassa if wgx mines are purportedly such duds then why would ramelius with the many options available to them even take the slightest look last year? Genuine question, would be interesting to get your thoughts. My personal observation is WGX of old under P.C. just Cooked the balance sheet by raising capital every 5 minutes not bothering to run the mining company. W.B. may not have been this far behind the eight ball had the last lot actually undertaken wide scale drill programs and future planning. To be fair to Wayne he could have hit multiple fronts at once overcoming some time constraints by raising a large chunk of capital at the lows, diluting us to buggery and rightsizing the business quicker but has instead elected for the steady as she goes funding from cash flow. I still think it's too early to judge given how far behind he was right from the start.
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