Not sure what else I can add Desert, I just question the 300k p.a target without either another U/G operation or some oxide for the Bluebird mill to enable it to run at a higher throughput rate.
@rvanja - well done to you, though I am not a trader (and am sitting on very healthy gains), so I wait for WGX to hit the main straight at run at full gallop (with Great Fingall hitting it's stride, which I am confident, will beat the initial 45k p.a production target).
Plus... with POG spot hitting new highs, WGX is going to see some incredibly strong numbers in future quarters. Whilst the temptation to sell my winners is strong, I know that on average, I do best when I am greedy on my winners and shy on my losers.
Cheers @loki01 - though I agree with your thoughts. WB should steer clear of Karora, they have enough tasty options in their backyard. Having strong script is never a bad thing... just look at RF at GMD... he can walk on water because of the high valuation his script receives. Either good for defense, or good for acquisitions.
I wonder if any MGV shareholders are slightly puzzled that their RMS script is now underperforming WGX.... could it have been that RMS script was actually... overvalued compared to WGX.?
WGX Price at posting:
$2.77 Sentiment: Hold Disclosure: Held
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