WGR western gold resources limited.
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Ann: Research Report , page-11

  1. SunburntLand
    6,439 Posts.
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    23/11/11
    15:17
    Post #: 9329389
    Really hoping that circa $40-55m cash RMS raised is earmarked for the CMGP in some way (50/50 JV, and use Mt Magnet mill?)

    Then use cash proceeds for CMGP JV costs (exploration $10-15m), working capital ($5-10m), and to construct Rover-1 decline ($20-25m)

    That's the logical way forward IMO

    Cheers

    WGR Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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