Re Wafi - Golpu Mine, is not in production, taken from the resent Technical report...I dont think its going to be contributing and OZ to any production report any time soon,
From the resent report released to market 12/10/2012
It is recommended that exploration activities within the Wafi-Golpu Property continue whilst the Golpu deposit progresses through the Feasibility Study phase and the Wafi deposit progresses to the PFS phase.
The Feasibility Study is estimated to take two years to complete. Pre-Execution Phase expenditure for the period 1 July 2012 to 31 December 2014 is estimated at approximately US$800 million (100% terms). The majority of this spend comprises resource definition drilling and studies (approximately US$250 million), access decline and advanced exploration works (approximately US$200 million) and EPCM and owners’ costs (approximately US$250 million).
NCM Price at posting:
$26.43 Sentiment: None Disclosure: Held
