I imagine its going to be a similar story for many WA miners over the next few months, looks like they have worn all the inconvenience and escalating costs of the WA state governments policies since early 2020 and they are finally getting Covid in 2022 and all its attendant side effects and lost shifts, by the time it works its way through the system they should be looking at something like a normal labour market in 2023 with interstate travel restored and most Covid restrictions gone by then.
Thats a good 3 years to bake in all the inefficiencies and escalating costs of Covid along with the broader inflationary story related to worldwide inflation, at least the gold price should hold up for them, despite gyrations in the oil market and other world events like Ukraine.
WGX Price at posting:
$2.05 Sentiment: None Disclosure: Not Held
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