I had a look at the Polymetal website (pretty interesting) to see where WMX will be shipping their future gold concentrates for processing.....looks like it could be a fairly long trip (approx 9000 km) from Wiluna to the Polymetal POX hub in Amursk Russia. Could be a great idea for the BoD to announce lots of detail (mostly for shareholders benefit) about transport logistics & other pertinent arrangements. Stage 1 Expansion study apparently completed sometime late Dec'19 but hardly any important detail announced other than the 70% - 30% concentrate sales split (for the first 3 years) between Polymetal & Trafigura. Relevant details that might be interesting to know.....
Shipping frequency (do they intend to ship weekly, monthly, quarterly)
Shipping costs & cargo insurance
Anticipated transport time from Wiluna to the Amursk POX Hub
Expansion study costings for Gold Concentrates Production (I'm assuming they've got plenty of figures yet-to-share from their completed Stage 1 Expansion study)
Expected quantum of discount for selling gold ounces in concentrates (in comparison to selling gold bars).
Details of metallurgical testing & recoveries from refractory ores....
P.S. An interesting 2016 article about refractory ore in Russia (Polymetal gets a mention)....
