The company has stated mill ratings with its current blended mill feed. It has also said one baseload is being removed and that contains detrious materials to processing. It is also being replaced with higher grade material. How much that improves throughput who knows.
The rest is $60m doesn't buy much in the way of plant but that's the upgrade cost to take Tuka to 2.4mt. The pebble crusher at Fortnum having cost $8m.for a nominal 100kt capacity increase.
WGX Price at posting:
$1.62 Sentiment: Buy Disclosure: Held
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