haha, with Apex or the next lot that take Wiluna?? Start up there now, do a swing or so just to get the T-shirt and redundancy package in 2 years when the administrators sell the joint? I don't see it flying, (although I used to be hopeful). It's not worth leaving where I am to go to a show with a mine life of months (perhaps weeks or days? who knows??)
Geo-wise you COULD find another 1moz deposit at Wiluna. That would send the SP rocketing. Admittedly Apex may have found an additional 'x' moz from UG since they bought Wiluna but as I keep banging on about, I'd rather work at an operation with a pit and an UG to keep the mill fed and the bank balance ticking over. If I was money hungry I'd sell my soul and go back to the Pilbara and iron ore.
On a sidenote, this resources supertax will kill WA and QLD :(
AXM Price at posting:
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