No one can honestly say that they don't regret picking up GCY up for a song 9 months ago. The high grade NN deposit alone is worth north of 200 million. WB can say whatever he thinks the market wants to hear and we are intitled to call bullshit if what he says makes little sense. It was only a few months ago that both Mt Magnet and Tuckabianna mills were going through expansion studies. Now miraculously the Murchison is running out of economical ounces to fill its mills.
Westgold's just doubled GF mineral resource inventory and now looks like to be adding BB deeps ore into the mine plan years earlier than expected.
Since the two studies were initiated in FY22:
Ramelius has purchased nearly 1 million ounces at Cue. Gascoyne has delineated 750,000 new ounces at Dalgaranga.
Now in FY24 the Murchison region is running out of gold to fill the mills???
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