Market has to learn to accept the fact that cost inflation is real, it is baked in worlwide and explains why the price of gold is going higher. Its not a 0% interest rate/deflationary world anymore, the GFC is over 11 years ago now, and the world is now a different place with different geopolitics and interest rate and inflation expectations, and the sooner the market gets used to this idea, the easier it will be for the market to re-evaluate the price of gold and the share price of gold producers.
Some great discussion from the usual suspects of informative posters about the nuts and bolts of whats going on at WGX and with Bramwell's plan, which he has mostly executed on competently so far. No point filling a mill with low grade waste to bring down the cost per tonne when the input costs are rising, I think Bramwell is looking at a quality tonnes over quantity of tonnes approach to mining to maintain margins, all about protecting the margins at the moment.
WGX Price at posting:
$1.86 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)