$500/oz was based on 300koz production. Last CY we did more like 130koz so that alone explains most of it.
I think the mine plan has completely changed. Delays in the specialist UG plant/expats meant they priorised the OP and used the high gold price to open up all the pits while still being profitable. This was reflected in the high stip ratio and large tonnes of ore being moved. I think though that this sets us up well if the gold price does stay lower than most expect.
Also it was flagged that the UG contains more gold then they thought and they are taking the time to mine it and at the cost of some dilution, although the grades are still high.
I think the new LOM will be very important as to me it should reflect a more steady and longer term operation, rather than a heavily front loaded one.
- Forums
- ASX - By Stock
- WAF
- What is management's best chance to get this stock to $2.00?
What is management's best chance to get this stock to $2.00?, page-65
-
- There are more pages in this discussion • 120 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $1.895B |
Open | High | Low | Value | Volume |
$1.63 | $1.69 | $1.63 | $3.297M | 1.985M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2634 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.67 | 6227 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 34110 | 1.655 |
1 | 3162 | 1.650 |
1 | 3162 | 1.645 |
3 | 11924 | 1.640 |
1 | 3162 | 1.635 |
Price($) | Vol. | No. |
---|---|---|
1.670 | 6000 | 1 |
1.685 | 3162 | 1 |
1.690 | 3079 | 1 |
1.695 | 3079 | 1 |
1.700 | 5814 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
WAF (ASX) Chart |