Hi @yurts, I agree there's plenty of room for improvement however the Wiltails plant was only recently completed. They were processing dump leach stockpile while finishing off the Wiltails plant & crusher unit refurb & only just started processing tailings on 01/10/23. The Administrators have indicated that throughput has increased recently to 280T/hr (previously 180T/hr).
$8M cash remaining at the end of Sep'23 is a few more million than some of WMC's historic quarters during the 2017 - early 2020 period. The next couple of quarters might offer some improvement in terms of production / revenue / costs. We'll see how it goes.
WMC Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
