WMC wiluna mining corporation limited.

Ann: Drilling Update, page-8

  1. 1,936 Posts.
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    I think the ambiguity in your post deserves kudos @Dabble010.

    The Market response to the latest drilling update seems a bit underwhelming. Some contributing factors might be the softening POG coupled with reconciliation difficulties between the first bullet point on pg.1 (i.e. HIGH GRADE EXTENSIONS AT GOLDEN AGE WILL IMPROVE CURRENT PRODUCTION GRADE) & comments about the Golden Age grade that appeared in the Dec'20 quarterly on page 6....

    https://hotcopper.com.au/data/attachments/2988/2988759-26ce02976ab21f16cbbf089cea387d80.jpg

    I quite like the image of the concentrator in the drilling update (pg.9). A 3d pdf where you can rotate the plant model & zoom in for a look-see would have been excellent. However, looking at the image supplied, the amount of construction work involved (starting Mar'21) gives me the impression that the Oct'21 start date for concentrates production remains a bit optimistic at this stage. Only time will tell.
 
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