WMC 0.00% 20.5¢ wiluna mining corporation limited.

Well to make it a remote possibility you should also know this....

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    Well to make it a remote possibility you should also know this.
    1. Gold troy ounce is 31.1g:1 ounce and not the 28.35g:1 ounce that you used.
    2. Processing recovery is about 92% and not the 100% implied in the post.
    3. The assumption on Dec qrt overall cost being the same as Sep qrt overall cost is too simplistic and unlikely.

    If we ignore the third point. Throw in the gold ounce and recovery then 400kt @1.742g/t gold ore it comes to 20.6k ounce. This would put it at the upper of the company's production guidance, but the cost is the unknown. The company has yet to prove profitable production, so if it is more gold production at or above gold price it is accelerating the cash burn.

    BLK cannot mine profitably, what is the point of keeping it on life support.
 
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