WPG 0.00% 1.5¢ wpg resources ltd

I'm not sure that the full blame can be attributed to the...

  1. 715 Posts.
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    I'm not sure that the full blame can be attributed to the previous operators either.
    It surely would have been a better option to process material on site even if it meant outlaying some money for a plant .
    It seems there have been plenty of promises with little follow through implementation.
    AISC are incredibly high.
    Current mining costs should have been separated from the deeper development costs to provide more clarity
    As shareholders we could expect more .
    Even so the recently reported high grade and widths suggest that a turnaround of some magnitude could reasonably be expected.
    Have their backs to the the wall for sure but if money is spent wisely, debt reduced quickly and litigation is favorable to neutral a re rating of share price may be warranted .
    Just don't hold your breath.
 
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