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Western Areas Released Q3 FY2020 Activities Report; Reports Good Progress at Odysseus

  • April 24, 2020 12:39 PM AEST
  • Team Kalkine

Western Areas Limited (ASX:WSA) has released its Q3 FY2020 activities report for the period ended 31 March 2020. Below are the highlights:

Gold MTF non-AMP

  • Covid-19 management plans implemented to safeguard the health and safety of its staff, contractors, and the broader community in which it functions.
  • Nickel production & sales volumes continued as scheduled during the March quarter.
  • Total during the quarter was 5,896 tonnes.
  • Total Nickel in Concentrate was 5,154 tonnes.
  • Total 6,038 tonnes of Nickel was sold.
  • Operating cash flow during the quarter was $22.5 million.
  • Cash at bank by the quarter end was $181.4 million with zero debt.
  • Nickel offtake agreements effortlessly transitioned to new improved deals.
  • Odysseus underground mine rehabilitation & surface infrastructure developing with good progress.


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