WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Quarterly Activities Report, page-32

  1. 4,515 Posts.
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    It has the size as in ounces but making it into gold instead of concentrate would see higher margins .
    POX plant would be the process answer but the extreme capital to get that and the rest of the plant up to speed would require deep pockets indeed.
    If they had managed to complete the Wiltails project before the admin was called they would have just about made it viable with the gold price factored in.
    There is still a lot more gold to be discovered as the seismic completed a couple of years back indicated that another field of Wilunas size could exist.
    But then the amount of drilling to keep proving up the resource and your back where you started.

 
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