POG in the aud has hurt recently (but we do have a buffer with the hedge. Nice work Bob) but this is why the increased mill capacity is important and I really do hope they get the mill upgrade sorted. The higher throughput and lowered AISC is very important. They say the mill expansion plans are well advanced so I'll be looking forward to the announcement when this is completed.
Mined grade for Tarcoola ore in the quarter was 2.49 gpt but please note the grade hauled to challenger was 3.1. I think they should be able to maintain well over this 3.1 gpt ore hauled to challenger. I believe it should increase the deeper they go into the supergene zones. It's definitely looking more on the up.
WPG Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
