seems the lads have done it again. as you say Arch another 60mil in this climate cannot be underestimated.
Great to see Creasy and Robinson throw in 2mil each, there where questions on why directors hadn't be purchasing recently i'd say they were cashing up for this. Once again shows their confidence in the project.
manfuzu, not sure how to compare with others, i'd rather look at it individually in that the facts are they have upgraded resource by 61% in less than 6 months. They've outlined this upgrade will feed the mill for a further 4 months before they need wilson's on track, that will give them time to work out the best strategy for wilsons without pressure.
They've outlined some 30million for exploration and evaluation, thats decent bickies there and will enable them to fastrack exploration even further.
Keep in mind also this upgrade and resource statement is only Wiluna, does not take into account Gidgee (wilsons 300k oz) or Aphrodite.
All looking good for november.
Cheers
Davo
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