Agree @Joelstar. Massive announcement. I mean... 16 year mine life and I think the drill results outside the current MRE shows, it could go far longer. Crazy really. How many U/G mines have a known 16 year mine life? 1.5m ounces. Sheesh.
I also like the clear picture of the costs. No need to try and calculate anything. The numbers are right there. As I read it, slightly lower non-sustaining capex in FY24, increased in FY25. I also feel they will be able to slow down on the LHOS to facilitate a more even mine plan. No wonder they were happy to look at hybrid power generation for the Cue area.
Strange to see a mine life that long on a graph... hmm... am I going to hold the stock until the mine runs out? Immediate development starting today? Just just about execution (the most important thing of all of course!).
WGX Price at posting:
$2.03 Sentiment: Hold Disclosure: Held
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