WMC 0.00% 20.5¢ wiluna mining corporation limited.

Random, You are still using the figure of 70,000 ozs even though...

  1. 284 Posts.
    Random, You are still using the figure of 70,000 ozs even though it's was projected as the volume of gold to be produced by 30 June 2017. It was never an annual rate of gold production. If you produce 70,000 ozs for 3 quarters of production, the quarterly rate of production would be 23,333, so multiply by 4 would be 93,332. But that is conservative because this is a ramp up where the first quarter produced a small amount. Furthermore, the grades improve and the costs will be reduced. You've always made it clear in this forum that you want to buy when the SP hits the 30s. Keep trying but I think most investors understand the difference between the reality and a make-believe game.
 
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