my off the cuff responses;1) yes it was believed so however they...

  1. 4,326 Posts.
    my off the cuff responses;

    1) yes it was believed so however they have intersected new zones containing free gold ore. How much is still uncertain, they are addressing this with the trial at present, i think the free gold has been one of the reasons plant recovery has been so low, they mentioned gold trapped in the bottom of the biox and not reporting to the CIL ?

    that said they have three plants altogether, not two, also the gold could come from other sources but i would not imagine them sending wiluna ore elsewhere.


    2)Not sure if it ever has, had a similar discusion some time ago i think Argincourt didn't even hit 100k ? i think they hit it on a month type basis but not sure if they ever pumped out a full 100k ounces for 12months? i could be wrong on this will try and google the answer.


    3) i think this is still the pipe dream, theres no talk of immediate aquisitions but that doesn't mean they can't do JV's or even toll treat ore etc etc, theres many ways to make a dollar it doesn't always involve outright purchases/aquisitions.
    that said they seem to really think they can pump out close to 200k ounces from Wiluna, if they do and they get this recovery up there will be plenty in the slush fund imo


    interested to hear others thoughts on the above also.

    regards
    Davo
 
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