It's good to see some healthy numbers in the quarterly for...

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21/10/20

12:55

Post #: 48266644
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Originally posted by Hiddenvalue: ↑

@Undaunted, how much have they spent on drilling, your post shows a lack of understanding of current operations and what the company is trying to achieve. They have spent alot more than $8million on drilling to date this Calander year.

The finance company would have run the ruler on WMX for the drawdown and I assure you they would not have provided the credit if they thought that WMX would be treading water cashflow wise.

Good to see you were the first post to a positive turnaround announcement. Production is stabalising and improving and looking to continue to improve with our high grade stockpiles increasing.

I guess today's announcement out nice and early even compared to peers must have irritated someone this morning predicting a CR very soon? Strong sign management are happy with the QTRly. I'm happy with the QTRly and the outlook for the Dec QTR.

I hold the shares and you are just tapping away on a keyboard about a stock you don't own and never want to. Who is in a better position?

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It's good to see some healthy numbers in the quarterly for high-grade stockpiles ~250kt @ 1.5 g/t (the numbers are usually on sick leave or hiding somewhere at WMX HQ).

13,360oz @ AISC $2012/oz is a reasonable improvement on the previous quarter. They'll need around 16,200oz @ AISC $1930/oz (or better) for the Dec'20 quarter to stay on course with FY21 guidance.

WMX Price at posting: $1.77 Sentiment: None Disclosure: Not Held
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It's good to see some healthy numbers in the quarterly for...

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