There's all kinds of synergistic efficiencies to be brought in. Milling capacity allows for grinding harder ores and raise recoveries, which with the transport can drop cut-off grade reducing strip ratios etc.
Of course it all may not add up to hill of beans as well. We have to rely of Cookies and allied staff 's judgement.
I was wowed by a director Peter Schwann's geological knowledge at the AMEC conference though he did seem to take pleasure in challenging me with a few counter text book examples.
What he did say was "Peter Cooke has the details and valuation on all the WA gold mines in his head" and is waiting for opportunities. Something played out by his most recent purchase. I bet Schwanny had this is mind and was giving me an arcane tip.
WGX Price at posting:
$1.90 Sentiment: Hold Disclosure: Held
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