Cheers Wassa, that is pleasing to hear, in the sense that the board... is actually on board with WGX path to be a respected and profitable miner. WGX does have a fairly dominant position in regards to where its plants are located and the nearby opportunities it could engage with. GCY is for me the most obvious, and while WGX has taken a stake in AME (I view it as just too long term for WGX to even bother with), I continue to scout other opportunities that may eventually fall under their sway. So while I am pleased that prudence is the first rule, I also hope that WBs substantial progress is soon going to enable them to actually use some of the $150m+ they have available to them (and raised $100m to use for the purpose of growth). I can see WGX have 5 plants enabling them to produce 500k+ in the years to come, yet... there is basically no other mid tier producer that I view as achieving a similar outcome (based in W.A), though there are a few aiming for 250-300k. Even GMD is not aiming that high, and FR is about as confident as they come!
I wonder when we might get some results from Great Fingall, though I know they had to reorient the drill holes.
WGX Price at posting:
97.0¢ Sentiment: Hold Disclosure: Held
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