The new decline will only need to provide approx 250kt per annum to increase the Bluebird U/G by 50%....
Here is new drilling and discovered lodes at the correct scale (though I am spitballing the location, but hopefully it gets the point across).
Right now they are mining 500kt p.a from the grey area.
The MRE was just upgraded to 867k, with... again just speculating, at least another 200-300k to be added with the new drilling.
That is almost 1.2m ounces at perhaps 8mt. 750k p.a. should see them have a 4-5 year LOM plan (that is surely fine for an operating U/G mine?).
Good be sceptical of course!
The new decline will only need to provide approx 250kt per annum...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.96 |
Change
-0.025(0.84%) |
Mkt cap ! $2.786B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.01 | $2.94 | $3.729M | 1.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 28211 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 28575 | 27 |
View Market Depth
| Last trade - 11.27am 19/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |