At the start of July the company had open forward sales of 9,250 ounces of gold at an average price of A$1,653 per ounce.
We intend to enter into further hedging arrangements in the current quarter to give some short term visibility on cash inflows.
Highlighting this, we had record gold production of 13,909 ounces in June and our new mining contractor commences in August who knows the mine and can deliver on physicals in particular development meters.
WPG has now taken the key steps as a gold producing turnaround story.
