I'm betting that at some stage Ricciardo North, Ardmore, Silverstone Central, Windinne Well, M1 and Eastern Creek will all end up processed at the Golden Grove mill. Pure speculation on my behalf but if you have a mill that's already running well below its nameplate so close to your deposits why would they not use that mill. 29M are in no position to play hardball here. 29M are already in a financial bind with Capricorn in C&M and Zinc taking a beating not to mention the poor offtake deal for their Zinc/Lead concentrates (10%discount to spot). I've been paying close attention to ABs rhetoric lately. Has anyone else noticed how often the word development is being used now? Definitely re-rate potential if we can monetize our gold, especially since the market is not ascribing a reasonable value for our in-ground gold ounces.
WA8 Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
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