WGX westgold resources limited.

HunterShowing it size ,workforce and scale of operations.Also...

  1. 2,636 Posts.
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    Hunter
    Showing it size ,workforce and scale of operations.
    Also showing it's modernity of operations and management.
    Answered those questions I have personally had about mobile plant and actual operational scale.
    I can work out for myself what incremental changes in individual bits of plant can do.
    No safer investment than yourself and that is what they are currently doing.
    A big modernisation push going on obvious by removing electrically costly and mechanically vulnerable electrical drives etc. plant to kill maintenance and ongoing running costs.
    The social rugby teams just started going to the gym to harden up and get fit to move up a league.
    All non mining operations are having the economic cost ruler run over them aka BB's NST of old by the look of it.

    The next step is showing your conservative to those future investors thinking in $US which has been done admirably and very openly, including easily met guidance considering increasing outputs of higher grade ore everywhere.

    Time to sit back and watch the economies of changes drop costs and stack cash in the bank.

    Just because the quarry escaped last time doesn't mean it will still be fit next time you pounce.

    and yes just for you I still wouldn't own GCY shares.
    Acting more like a prospector looking for a suitor who will pay full price for a 15yr or so old mill.
    Deduct any resource under .96 it's average for the year as that was uneconomic to mine and mill and look at its resource curves for each site and also deduct 600kt from the June 2022 resource at gilbeys.Even working on the av for mined grade there appear to be no economic stockpiles there.So another capital raising I guess there.

    DYOR+DYODD Definitely a hunter just waiting and getting fit.


 
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