Cheers Wassa, hmm.... first thought it... I don't see any major synergies (especially in regards to it's location compared to the Murchison, it's a bloody long way to Kal). Though I suppose Karora's major asset is an U/G mine, and if anyone can mine it well, WGX team can. Like @loki01 I would prefer WGX bolster it's production profile closer to home before taking on something outside the Murchison, but.. at this point I would be willing to back WB. I guess if nothing else it would still be a pure unhedged play.. with a production profile aiming for 500k p.a. Boy would that annoy RF over at GMD, he wants that spot!
Not sure why WGX would want the Lakewood mill either.
Then you have SPR down the road... for a similar price you get arguably, a similar production profile with a single plant with the ability to truck ore from WGX existing U/G mines (though not currently in production).
Spot POG is... a nice end to the March quarter.
WGX Price at posting:
$2.62 Sentiment: Hold Disclosure: Held
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