101I don't follow WGX but do follow GCY, and also BRB which...

101

I don't follow WGX but do follow GCY, and also BRB which Peter Cook continues to chair, so have interest in the cut of his jib.

Your comment "I am not at all surprised about WGX rep, particularlly after the loss of life..." caught my eye.

I found this quote attributed to PC from 2018. It has not traveled well.

"The risk-society doctrine, where there is an infatuation with safety and the future, has strangled the opportunity for growth in this country and we are fast losing our advantage as a preferred country for mine development in the world.”

https://www.theceomagazine.com/executive-interviews/mining-metals/peter-cook/ (the ceomagazine without the space)

Of course it is a nonsense argument: to this day WA remains one of the preferred mining jurisdictions in part for the very reason of its regulatory settings. It might also be indicative of a cowboy-like mentality likely at odds with the values of German institutions.

Again, I have not been following Westgold but should a new management team be installed I reckon they will go early with a hard prune of assets to get some shape into this company's operations. As a GCY holder I'd rather Westgold cleaned themselves up before taking over Gascoyne.

The positive is that now PC might have some spare capacity about changing the lifestyle mindset which seems to be in place at Breaker.