It depends on the month they get into production. My expectation is they will put first ore in Jerritt in May and ramp up from there. The mode I have seen on the initial 601 pit has them mining about 20000oz from the starter pit then going underground in a decline. So I'd use that as a guideline for 2017. As far as I know the $850 cost still stands though they are negotiating with jerritt and we could see some sort of deal done on a JV basis. Nothing solid yet. Use the us$850 for now.
Given there is minimal Capex no debt and no hedging we could see cash flow hit the bottom line within a few months from may.
It's one of my favourite gold situations at present. Just a matter of time before the big boys pick it up
- Forums
- ASX - By Stock
- WA8
- WTF!
WTF!, page-9
-
- There are more pages in this discussion • 21 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 WA8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.7¢ |
Change
-0.002(3.39%) |
Mkt cap ! $43.49M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.7¢ | $66.89K | 1.135M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 156999 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | 0.057 |
2 | 251000 | 0.056 |
2 | 300000 | 0.055 |
1 | 50000 | 0.054 |
1 | 70000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 100000 | 1 |
0.060 | 417809 | 2 |
0.061 | 424200 | 2 |
0.066 | 57700 | 2 |
0.068 | 163246 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
WA8 (ASX) Chart |