WMC 0.00% 20.5¢ wiluna mining corporation limited.

First gold pour now expected within three weeks, page-104

  1. 6,373 Posts.
    lightbulb Created with Sketch. 1049
    That's not the only time that the 800tpa figure has been used. They've been using tpa all year from what I can see. It's either a typo that no one has identified or it's the truth. I'm not going to plonk my hard earned into an assumption that it's a typo.

    When I use the 90g/t Au figure for the concentrate.

    800 tpa x 90 g/t concentrate = 72000 gpa = 2322 ozpa

    If it was a "typo" and should be ktpa instead of tpa:

    800 ktpa x 90 g/t concentrate = 72 mgpa = 2.322 mozpa

    If it was a "typo" and should be tpd instead of tpa:

    800 tpd x 365 x 90 g/t concentrate = 26.28 mgpa = 847 kozpa

    The figures do not look right. Emotion aside, this stock is starting to look and smell like a dog. I'd be happy to see some numbers that work, then I'd feel a little more comfortable handing over my hard earned. At the end of the day they've got a lot of proven gold in the ground that is worth a lot of money.
 
watchlist Created with Sketch. Add WMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.