Yes agree, a consideration is likely in my view after the WGX...

Yes agree, a consideration is likely in my view after the WGX Cue drilling scheduled for FYr 3Q22 (Feb). MGV has too much high-grade shallow ore not to be included in a treatment plant consolidation. The Takabiana Processing Hub (WGX) must feature as it is underutilised. WGX paid A$8m for 1.2 MMpa TPH which runs at 1.2-1.4 MMtpa and receives underground ore from the large, ramping-up Big Bell UM as well as the smaller Comet UM. Cuddingwarra OP makes up the balance. The TPH treated 1,261 M tonnes of ore in FYr 2021, within the mid-range of the TPH operating capacity. problem though is the recoveries: the metallurgical recoveries rate for the ore blend was only 88.21%. Also, WGX needs to explore to replace reserves for blending Big Bell UG ore, MGV is looking like an attractive alternative, especially from a metallurgical processing perspective. We'll see how the A$14m of greater Cue drilling goes (in blue), if dusters, then MGV might come into play, as WGX's ASIC now exceeds A$1700/oz.