They obviously still have their liabilities to service which was made evident in the prospectus and this created concerns amongst investors. I think they are running okay at this stage. I reckon break even in the next couple of quarters at the current throughput of 600,000 TPA and then who knows what will occur if they can pull some higher grades from challenger. Everyone will be watching closely to see how the new contractor plays out. I like the fact if the contractor performs they are rewarded more..not like before..contractor f'd up and we suffer. That sucked. After they increase the mill capacity and lower aisc further we should be turning a profit in my opinion.
WPG Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
