Share
4,596 Posts.
lightbulb Created with Sketch. 177
clock Created with Sketch.
13/04/18
23:00
Share
Originally posted by Drugo
↑
I hope you have not calculated a lot of golden age and Wiluna underground in the model. Golden Age is worth zero soon but Wiluna has good potential.
I think the Golden Age Offshoot and Wiluna underground have exceptional drilling results to make a profitable mine. It just needs a little money to get their.
The 200K/yr feasibility study has some legs in this area.
In the mean time you are fully discounting development costs for M2 and M6 Matilda. (M4 still has legs too).
Yes there may be a gap after M4 and I think Galaxy is done. However this is a large strike length where a lot of work has been done.
Also a lot of definition drilling has already been done the last 4-5 weeks. We will see what that brings for the above areas.
Just my opinion.
Expand
Drugo, while I disagree with parts of this, at least you have some clue, unlike some of the peanut gallery. Let’s chat next week when we are both sober. Cheers