Cheers Wassa. So just in regards to processing, costs will reduce by approx 19.5% (or $4.70 per tonne). That would reduce the overall AISC of WGX operations, with a saving of around $18.3m. Agree about it being too good an opportunity to miss. Which is why I am all the more surprised that RMS is not having a crack too. They are basically in exactly the same position as WGX, with multiple U/G deposits in production (and coming....) and are constrained by milling capacity. RMS also has higher processing costs (approx $21.8 a tonne) at Mt Magnet.
WGX Price at posting:
$1.77 Sentiment: Hold Disclosure: Held
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