WMC have realised that they can stick at 100 oz production and spend money somewhere else.
Look at recent drilling results.
This APAC thing is becoming big and WMC will have 25 percent after APAC spend another $10 mill. or so.
As I have stated this time and time again this land holding is worth a lot of money.
As far as NST taking over this company they seem to think that is better to spend $300 mill. On a greenfield project. Then spend another $100-200 mill to get it at the AISC down.
ie Canada.
Ann: 0.3m @ 3,270g/t in Bulletin North Discovery Drilling, page-5
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