Not sure of the costs so don't know breakeven grade etc Hopefully get more of an understanding over the coming months as the operation becomes more steady state. To be cash positive straight after project startup is never a bad thing though....
WWI have stated that they are to be paid the equivalent of .6g au for each tonne of ore processed but I think that is after the contractor's costs have been paid so if there isn't enough left over then we won't see the full amount. Now I don't know if this counts as a debt owing i.e. next month if the grades are 4g/t then we are back paid. I doubt this is the case but it is somewhat of a grey area. I might flick them an e-mail and try clear this up.
WWI Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
