WMC wiluna mining corporation limited.

Ann: Awaking a Sleeping Giant as High-Grade Results Continue, page-76

  1. 1,938 Posts.
    lightbulb Created with Sketch. 919
    @Drugo, I didn't say production will be better than expected for the Sep'20 quarter....I said there's a remote possibility that production will be better than expected....which is similar to suggesting that it probably won't be better than expected (but doesn't exclude the possibility that it might be better than expected). Get the picture?

    Now as far as I can tell, the 'big picture' (i.e. the Sleeping Giant sized picture that you're referring to) is that WMX is likely to be stuck in first gear producing around 60k oz (+/- 5000 oz) for at least another 12 months while spending the necessary capital on drilling, development, production, plant upgrades etc. so that they might be in a position to start producing gold concentrates from Sep'21 onward.....I suspect it'll take longer than expected to materialise IMO.


    Last edited by GravityWaves: 17/09/20
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.