"Exploration done, plant and infrastructure done. Money spent....

"Exploration done, plant and infrastructure done. Money spent. By the way, they say they are on target for Phase 1 now."

Exploration isn't done & plant / infrastructure isn't done either. Things are a long way from done. I agree that money is spent & truckloads of money is yet to be be spent.

WMX has always been a great performer (circus style to wow the audience) in announcing fantastic drilling results & on the basis of more exceptional drilling results Milan now says the Sleeping Giant has awoken & stirring.....but from where I'm sitting it's clearly inadequate production that's been the WMX Achilles Heel (i.e. the gold they expected to find wasn't found in the quantities where they expected to find it).

Will the BoD deliver on their expectations for Stage (1) to drastically boost production from 60koz p.a to 120koz p.a? Only time will tell.