NWH 0.31% $3.19 nrw holdings limited

It said ore from Gilbey’s would keep the processing plant...

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    It said ore from Gilbey’s would keep the processing plant
    running at maximum capacity while an additional $4.5m had been reinvested into long-term infrastructure and other improvements.


    The turnaround has also been aided by a surging gold price and an unfavourable hedging arrangement being closed out when the company collapsed, allowing Gascoyne to take advantage of a higher Australian dollar price for the precious metal.

    72000OZ*US$1700 = 122 400 000

    A$178 385 000
    sounds nice!


 
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