WGX westgold resources limited.

Ann: Business Update - Westgold Operations, page-6

  1. 12,537 Posts.
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    I am glad I am not the only one that thought that after reading.... basically fluff!
    There is no substance to the update at all, in fact, I would argue they are already being affected, and trying hard to ensure they are 'pulling out all the stops'....

    https://hotcopper.com.au/data/attachments/2063/2063343-e0224086fd597332d324561acf5ead09.jpg

    So, on the one hand, all the plants are operating at full capacity, yet... there has been disruption, but... no prob, it will be fine, even when things that we cannot control occur...

    As you say Alb - no guidance, and they state, they cannot provide it...!

    If I was a holder, the pertinent information I would have wanted was how much ore is stockpiled, how long could the plant's operate if on reduced staffing... cash position, debt facility available if needed, ability to meet hedging etc etc.

    Ignorance is bliss I guess.
 
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