WGX 1.56% $2.60 westgold resources limited.

Ann: December 2023 Quarterly Report, page-14

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  1. 2,413 Posts.
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    Impressed by the updated quality of information presented.
    So the Bluebird Mill was out for 1 month over the last 2 qtrs starting in Late Sept into October.
    Overall processed tons stayed within coooeee during that period.
    Tuka mill took a 3 day breakdown and preventative maintenance reviewed/improved a plus.
    Better staff conditions means less money into recruiters hands and lower training costs for new staff and dare one say greater production performance from existing staff who already know the ropes and don't leave.10% improvement in retention already when they recently also added 135? new staff.
    So costs front end loaded for employee entitlements by $6m back dating benefits earned,taking advantage of surplus funds due to the current gold price.
    Even then sites generated $48m before investments to grow the business.

    IMHO -The second half might just be an over performance humdinger if gold stays up,given a few non-recurring cost extra's slipped in this qtr and better grades and tons due.
 
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