Hi trend, I personally feel I have done a hell of a lot of research, I also like to try and look past what is being said.
This from last month from RMS.... the numbers are pretty clear. RMS will put Edna May onto C&M late this year (my estimate), then will only be producing from Mt Magnet (that is why they only put out a LOM plan for Mt Magnet).
Without doubt, RMS could indeed modify this mine plan with further additions, but... that costs $$ and right now, RMS is trying to portray to the market that they are not needing to spend much over the next 3-5 years, yet... still imply they have the option of Eridanus larger open pit, or Hill 50 U/G as growth options that won't actually cost anything to undertake. I fully respect that RMS is playing their 'hand' the best way they can, it's what they should be doing for it's shareholders (which I am one).
@wassa - we are all biased... I have never ever implied my post are 'investment grade' nor ever will. I would sincerely hope that all who ready my posts know I am not a institutional investor, nor am I a geologist nor a miner. Fair enough you don't agree with my thoughts, but I don't see the need to call my views idiotic. Anyway, I continue to wait and see what RMS will uncountably offer WGX shareholders once the T/O panel updates the market on whether they plan to do anything.
- Forums
- ASX - By Stock
- WGX
- Ann: OAU: Westgold Strategic Alliance and Placement
Ann: OAU: Westgold Strategic Alliance and Placement, page-44
Featured News
Add WGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $2.716B |
Open | High | Low | Value | Volume |
$2.87 | $2.97 | $2.86 | $8.102M | 2.797M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17090 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 11380 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17090 | 2.880 |
1 | 8187 | 2.870 |
3 | 24088 | 2.860 |
4 | 36289 | 2.850 |
1 | 16289 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 11380 | 2 |
2.910 | 83240 | 6 |
2.920 | 16289 | 1 |
2.930 | 26289 | 2 |
2.950 | 21248 | 2 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
WGX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online