WMG 2.04% 24.0¢ western mines group ltd

Ann: Capital Raise to Further Progress Mulga Tank, page-29

  1. 426 Posts.
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    It really isn't.

    I don't want to rain on the parade but you have to mine and process 10x the amount of rock & build a plant with a significantly bigger mill therefore higher CAPEX. It's worth even less if you can't extract the percentage in silicate minerals. As much as I want this to help me retire they need to find higher grade material.
 
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