Suspect it maybe more of an RNC funding issue then WGX issue.
If I recall, WGX wanted take their position in RNC up to 19% of the company as part of the deal and then the reminder required had to be funded in cash.
@arsenic do you know when the set off resource/reserve numbers are due?
News: WGX Westgold Resources updates on purchase option granted to RNC Minerals, page-4
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Last
$3.08 |
Change
0.180(6.21%) |
Mkt cap ! $2.906B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.97 | $23.80M | 7.799M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27725 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 6997 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| WGX (ASX) Chart |