@Hiddenvalue, I'd say you've used your imagination in suggesting that the WMX turnaround is 'almost complete'.
Of course I'd agree with you ....but only after WMX has actually turned production around & successfully produced at least 100koz - 120koz of gold in concentrates . Exactly when that will be is anybody's guess (sometime late in 2022 would be my guess). It's a bit like the approximate deferral of gold production that resulted from the mill motor downtime in Dec. Was it 1000oz or 700oz? (Note: page 2 in the Dec'20 quarterly says 1000oz of deferred production, but the 5th dot point on page 6 says 700oz). Somehow there's a deferred production discrepancy of 300oz...maybe the deferred production guess-o-meter at WMX HQ needs a bit of maintenance.
What are your thoughts about the 4th dot point on page (1) in the Dec'20 quarterly i.e. where it says that gold production has been revised down due to milling rates being reduced to optimise mill performance?
Wasn't the rod mill upgraded in 2019 / 2020 so that milling rates (and gold production) would improve?
- Forums
- ASX - By Stock
- WMC
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-17
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BM8
BATTERY AGE MINERALS LTD
Nigel Broomham, CEO
Nigel Broomham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online