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10.9% 6.1¢ warriedar resources limited

The mill has a nameplate of 850ktpa however I believe they would...

  1. Joelstar
    4,358 Posts.
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    04/07/24
    22:30
    Post #: 74616161
    The mill has a nameplate of 850ktpa however I believe they would need to increase mills nameplate to 1.2mtpa to be a viable re-start option.
    There'd be some serious savings if development was the avenue they chose to go down.
    There's already grid power to site, water supply, TSF with 18 months capacity, 200 room accommodation, haulage roads, mess hall, offices etc etc
    I don't think it will happen in the near term, especially whilst 29M's mill is running 400ktpa below nameplate.

    WA8 Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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