WGX westgold resources limited.

Ann: September 2022 Quarterly Report, page-18

  1. 8,418 Posts.
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    I do too and agree it's an improvement - Big Belle hitting its straps, simplifying to four operating mining centres.

    A big safety improvement - noting RMS had 3 LTIs that is appalling.

    A combined Murchison muddies the waters - negative cashflow what exactly is under performing? Big Belle? Bluebird? Paddy's?

    Day Dawn .... hmmm ... those historic hits aren't that great considering the depths. That drilling is going to be expensive. The capex to get a decline to depth is also going to be high. But I appreciate a calculated gamble that's how you win in mining.

    Dec qtr WGX will need to demonstrate a significant reduction in cash burn IMO. But on the right path - kudos to the team.
 
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