WTE wedgetail mining limited

Anomoly, it was the sale of the Sag Mill announced 20...

  1. 6 Posts.
    Anomoly, it was the sale of the Sag Mill announced 20 November.

    "Following the Board’s decision to place the Nullagine Gold Project development on hold, the assets were
    considered to be surplus. Should the project economics improve the Company would have adequate time
    to source the required assets.
    The funds raised as a result of the sale will increase the Company’s cash resources to $6.1 million. The
    Company is now well funded and will continue to move forward with its exploration strategy of defining the
    East Pilbara’s next potential world class molybdenum project, as well as increasing the Company’s
    current gold resources"
 
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Currently unlisted public company.

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