Haha, going of 60000 ounces at 1675 Australian dollars an ounce = $100 million dollars.
The loan by byrnecut is not too excessive. Better then issuing more shares at ridiculous prices. WPG is so undervalued big time.
I have one concern and that is the processing plant. Breakdowns and maintenance which could effect the 60000 ounces. I hope under the direction of byrnecut this will be optimised and spare parts, ie motor and moving parts are on site for minimal breakdown time as processing mills are notorious for equipment failing.
Byrnecut will be the the difference in the new year and share price above 8 cents in 2018 or early 2019. All in my opinion only of course.
Glta and have a prosperous new year.
- Forums
- ASX - By Stock
- WPG
- Ann: CGO and Byrnecut optimised mining strategy at Challenger
Ann: CGO and Byrnecut optimised mining strategy at Challenger, page-34
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WPG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online