WPG only produced gold from Challenger for half the quarter, no doubt the quarterly will
look bad. Not just for production reasons either, there will be a large negative cash movement of greater than $11m (flagged last quarterly), and then there's pre production capex to get Challenger Deeps into production.
Ugly? More than likely, but known if followed closely. Hence, I'm looking for the green shoots that the market isn't expecting: Challenger production from the second half of the quarter and production/grade out of Tarcoola - could create opportunity on a big volume spike down before the the market digests that the story is working and all the bad is finally out of the way - either way, it's the final role of the dice for Challenger...
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