Ann: S&P DJI Announces September 2024 Quarterly Rebalance, page-17

This is your comment Speculator from an above post.

The biggest issues for WGX profitability wise has been grade and throughput. Under the last MD, throughput was the only focus, things are very different now, with grade becoming paramount (though coupled with expanding mining rates, but not at the expense of grade).


Here’s the statistics …. Mining rates lower, grade lower, production lower.





As you can see UG ore mined rates decreased 22 to 23 to 24.

As you can see the UG grade decreased 22 to 23 to 24.

As you can see processing rates decreased 22 to 23 to 24.

As you can see the processing head grade decreased 22 to 23 to 24.

As you can see the processing recovery has dropped 22 to 23 to 24.

As you can see the gold production has dropped 22 to 23 to 24.

As you can see the gold sales have dropped 22 to 23 to 24.


Sorry Spec you have been deluding yourself all on Wayne’s sales pitch to date … the results to date show no improvement only decline …

possibly the better years for Westgold start this FY but clearly the last ones don’t make the grade of “Australia’s best gold miner” as you believe.