Now there is no doubt around WMX being fully funded. After many years of underperformance Mercuria deal is a vote of confidence which allows:
Stage 1 ramp up to 120,000ozpa more than double current levels which should produce significant operations cash flow.
Stage 2 BFS on 250,0000zpa completed to demonstrate the full potential of an asset have produced over 4Moz.
After many years in the investment phase WMX is likely to have a very different look in six months time.
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