DRM 0.00% 33.0¢ demetallica limited

Minty - there is no surety that Gwaneeda will be viable......

  1. 11,748 Posts.
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    Minty - there is no surety that Gwaneeda will be viable... perhaps it will add 1 years mine life, 2? or none. For now the market is basically going to write Andy Well off.. I mean the update states that Andy Well is losing money right now. The plant costs have always been fixed, so for me, its done. Very sad outcome. Some wise posters years back stated that Andy Well was very lucky to get up and into production and would not be around for long. It would seem they were right.

    As for Deflector cash flow. More time is needed to see if they can indeed make it into the low ASIC as planned.
 
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