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23/09/20
17:03
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Originally posted by eastwest101:
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Yes - that is the big risk with Wiluna - there is no shortage of published ounces in resources and in geological models but the problems are all about converting those "paper ounces" or "electrons on the computer monitor" to real tangible physical ounces that you can hold in your hand at the gold room at the back of the plant.... You can have all the ounces in the world, but without being able to extract them at a cost that of less than what they are worth, they aren't very useful ounces are they?
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I cant argue with the drilling strategy - a lot of it is confirming the historic drilling, which tends to be stacking up. Speaking of floatation/conc projects, are you following Bardoc? A bit more transparent with the pre-feas, no skeletons in the closet I suspect.