WMG 4.55% 21.0¢ western mines group ltd

Ann: Capital Raise to International Mining Fund, page-61

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  1. 1,027 Posts.
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    "I speak to him regularly"

    Is it funny when he kind of jokes about Dundee knowing more about the project than us?

    It seems that they have already completed a "Full resource model" while using their software to do "Pit optimisation , Mine plans, Financials" and things like that. Reading his body language when he said the word "Financials" at 1 minute 47 seconds is enough for me to hold on to my shares.

    It must be very comforting to rub shoulders with our Rockstars who are unearthing this enormous discovery .

    I have a question if you don't mind asking .. How can anybody do a financial analysis on a project without having some idea of the expected metal recovery rates ?

    It sure would be nice to have that information at this point in time if I was thinking about adding to my holdings.

    I don't know anything,


 
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