as long as we don't get a 'Dead Parrot' deposit I think i can...

  1. 2,416 Posts.
    as long as we don't get a 'Dead Parrot' deposit I think i can cope with any of the silly names. The media keeps rolling there's a long interview with MA whose picture is on the cover of the most recent Gold Mining mag (edition 92). Its too long to reprint here - but one point worth noting - first production now to happen November.
    Also confident of reducing cash costs of Wiluna down from $560 /oz probably to closer to $500. 'Financial returns from the project appear to be robust, with a forecast IRR of 36% on the initial mine life of three years ...assuming POG around $900 /oz and a metallurgical recovery of around 88%. The ongoing reserve drilling is likely to improve the project's profitability.
    Power supplies - gas plus a back up diesel.
    All looking good for a take off in SP as soon as the general market feels like poking its head up. A
 
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