I think that is fair East.
WMC (not a top crew either), has basically said they are running at 70% efficiency.
Which seems to be worse than WGX, but.. still understaffed.
That being said, I think the better the company, the less they are affected by the Covid related issues (staffing).
Though all the quarterlies are going to be very interesting to read.
I do tip my hat to SLR. They have proven incredibly prescient in their choice to slow down mining and just use up their large stockpiles.... their share price has been very impressive.
I think the recent capital raising, was.... whilst touted as for asset aquisition and drilling... it was really about strengthening the balance sheet. I fear we will see a fairly sub par quarterly, and lots of cash burn (again.....).
I keep wondering if WGX would even be a targe itself, but.... maybe its assets are just too sub par.
- Forums
- ASX - By Stock
- WGX
- Ann: Operational Update
Ann: Operational Update, page-4
-
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGX (ASX) to my watchlist
|
|||||
Last
$2.35 |
Change
0.070(3.07%) |
Mkt cap ! $1.113B |
Open | High | Low | Value | Volume |
$2.35 | $2.37 | $2.30 | $4.975M | 2.130M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18239 | $2.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.36 | 9329 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 18239 | 2.340 |
6 | 79263 | 2.330 |
4 | 72104 | 2.320 |
2 | 30498 | 2.310 |
3 | 8058 | 2.300 |
Price($) | Vol. | No. |
---|---|---|
2.360 | 9329 | 2 |
2.370 | 40244 | 4 |
2.380 | 78736 | 4 |
2.390 | 17175 | 2 |
2.400 | 18325 | 4 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
Featured News
WGX (ASX) Chart |
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online