Very nice clear presentation to be delivered by WB.
Glad to see the cash position is as expected, $165m liquidity (basically $65m cash as of June 30). Cannot help... but wonder what sort of cash flow they might have generated in July....)
WGX is now a 100% growth story... as I have already posted, huge.... capex been sunk and being sunk right now to enhance the current U/G mines.
Both Beta and Bluebird U/G. Huge upside.
Plus... already the first hint that Beta's 2mtpa goal, is.. more like a stepping stone. Any Karora shareholders know if past management have hinted at a larger goal than 2mtpa (I mean, 2mtpa is huge as it is). The word 'substantially' implies at least a 25% increase... 2.5mtpa+. That is a monster U/G operation. Let alone as above, so many opportunities to expand/enhance and restart operations.
I wonder if this is a 'soft' production guidance hint... for FY25? 405k.... implies guidance will sit around 385k-425k?
I also hope that within 2 years, WGX will be above Regis and RED.... 3rd place is a mighty achievement considering where the past MD left the company.
Well done to WB and the whole team.
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Very nice clear presentation to be delivered by WB.Glad to see...
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