Great update and well done to the whole team!
I note Wayne recently said the main focus of the MRE update was to increase the M&I, which clearly it succeeded at.
At an 70% conversion, I would love to see well over 500k in reserves, with... a clear picture that this will likely double within another 2 years... giving Bluebird a 10 year LOM at 100k p.a. I genuinly think the Bluebird complex will become the engine house for the Murchison operations over the coming decade and cement WGX as a mid tier producer with.... aspirations.
Also looks almost guaranteed that they will put in another portal/decline to enable further expansion towards... 1.5mtpa.
For those interested... this is what the drill bit can do in just 2 years at a major gold deposit. I have tried to get all the imaged to scale (most of the documents are sometimes just 3-4% out!). I think the most important is of course the right below. HUGE..... mineralisation footprint... with still no end in sight and the rest of the 10km+ not yet fully tested.
Looking forward to seeing what the 4 rigs can delineate over the coming 12 months.
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westgold resources limited.
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$2.91 |
Change
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Mkt cap ! $2.763B |
Open | High | Low | Value | Volume |
$2.92 | $2.96 | $2.86 | $15.89M | 5.459M |
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No. | Vol. | Price($) |
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2 | 54675 | $2.91 |
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5 | 56052 | 2.880 |
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Price($) | Vol. | No. |
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2.920 | 14793 | 3 |
2.930 | 82154 | 3 |
2.940 | 53902 | 2 |
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2.960 | 45918 | 5 |
Last trade - 16.11pm 25/06/2025 (20 minute delay) ? |
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