WGX 1.56% $2.60 westgold resources limited.

News: WGX Westgold Resources Says To Make Takeover Bid For Gascoyne Resources, page-21

  1. 3,593 Posts.
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    Hi Spec,

    Further to your mill numbers I did some calcs on WGX processing

    3 plants - 3.9 mt nameplate - last year 3.77mt throughput - $24.03/ t

    GCY - 2.5 mt nameplate - around 2.8mt throughput ( I believe this is limited by the approvals rather than potential performance)

    So combined 4 plants - 6.7mt - avg cost $19.33/ t ( using midpoint $13/t Dalgaranga )

    One would think given WGX potential mining deposits, substantial increase milling capacity and reduction of avg costs they can’t really afford to miss this opportunity.

    Interesting times. I’m excited.

    Wassa.







 
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