KWR 0.00% 2.9¢ kingwest resources limited

Ann: Kingwest raises $4m to Accelerate Goongarrie Exploration, page-21

  1. 1,188 Posts.
    lightbulb Created with Sketch. 361
    Lake Goongarrie reports an average of 264.9mm / 11 inches annualized rainfall. Almost identical to rainfall over all of the open pit mines around Kalgoorlie. They all seem to do fine.

    You're forgetting that Lake Goongarrie is, well, a lake, a catchment, i.e, the lowest point in the surrounding area by far, so it will be affected by rainfall far more than other mines.
 
watchlist Created with Sketch. Add KWR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.