The start of the good news. Yeeha in just 2 months they have nearly equalled last QTRs production of just over12k
So instead of 12k and a bit its going to be 20koz for the QTR all being well. Guess costs down and cash flow up per ounce. say 6koz at $3k or $18m
So with GCY shareholders up for 19% of the benefit of JUST ONE producing mine = $3,42m for this qtr
More good news to come I guess.
DYOR+DYODD I would nearly say who cares if GCY shareholders say no and WGX get a good price for the 2% or more they already own of it. WB might just be playing nudge to force another players hand,who isn't quite prepared but needs the ore more than he does. Like the mention of when access for underground drilling platforms is gained a drill out will occur- another NST like way of cost cutting drilling out resources from underground.
WGX Price at posting:
$1.44 Sentiment: Buy Disclosure: Held
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