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Ann: Butchers Creek Gold Project MRE & Exploration Results, page-17

  1. fbx258
    6,528 Posts.
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    14/09/24
    10:34
    Post #: 75673367

    Management seems to have its aim on extending the resource and making some sort of deal with PNR.

    Pretty sure PNR not going to be interested in a 50/50, so WIN will acquire Halls Creek.
    https://hotcopper.com.au/data/attachments/6459/6459341-3559f3247cc3667c3486c138b4509710.jpg



    Production was 50k/pa - i wouldnt know what the restart capex would be.

    But if they can combine tenements and have a 500koz mineral M&I, could be a decent small money spinner at today's Gold price.

    Would be making multiples of current MC.


    https://hotcopper.com.au/data/attachments/6459/6459338-6fbcbb2d9ced444c28258188ec24a581.jpg


    https://hotcopper.com.au/data/attachments/6459/6459336-64b38517194adab4e2929ddf159d647d.jpg

    WIN Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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