true Wiluna should be stopped. Stupid move. Paid a few million for that one. A link with underground may be good.
This pit and underground should be included in sulphide so called feasibility study. No more.
Matilda cut back should be OK. Along with Golden Age. Happy Jack ect.
Open pit will be gone soon in this project.
I would not be surprised if new CEO will totally could get rid of contractors, or have an agreement.(MACA are major shareholders). They have moved more shit ore than you can imagine for the past two years.
They get paid and be a major shareholder in the same time. Something is totally wrong here. It is strange.
Underground is the go from here. Production may not be as high. Production costs will improve.
IE prod. 15,000 ounces at AISC $1,200 is better than 20,000 at AISC $1,900.
New CEO coming on board. His age is a little to old and his history does not present a miracle worker.
I think Milan dragged him from the old mans club into employment.
Who knows?
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