WA8 7.41% 5.8¢ warriedar resources limited

This is what gets me all worked up Spec.Their gold hedge book is...

  1. 3,754 Posts.
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    This is what gets me all worked up Spec.
    https://hotcopper.com.au/data/attachments/6185/6185790-96d8241db9d0f7c3437f813899a49ade.jpg
    Their gold hedge book is currently sitting between 15 and 20 million dollars in the hole.
    Zinc treatment charges are hurting GG bottom line.
    Golden Grove mill currently running significantly below nameplate.

    Current mines are over 1km deep.
    Not cheap to mine at those depths.
    Gossan Valley will take plenty of cash to develop.

    https://hotcopper.com.au/data/attachments/6185/6185828-5a518ae638b5d324e6be7da3ddcf8a7f.jpg



    I don't have a crystal ball mate but shit there are plenty of reasons to think corporate action is highly probable if WA8s Ricciardo deposit MRE update hits the spot.
 
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