I think until the Anglo gold (or is it Ashanti), thing is sorted out things will be slow. The thing is and correct me if I am wrong, if they come in now they have to pay 3 times the exploration costs up till now plus they have to prove up 2 million ounces or the deals off. There is a time factor. I am writing this from memory so I may be wrong do your own research. Now this only applies to certain parts of the lease.
If the other coy comes in and proves up 2 million ounces our share would be 500,000 ounces which is still good. Again please check what I am saying as it is from memory. A lot of the leases are not covered by claw back agreements. Maybe a clarifying statement from the company would be a good thing. The claw back company may have six months to make a decision and this could hold back short time traders. Please check everything I have said or refer to the company for a statement as to the claw back details. I am just giving you this for a little bit of understanding and it is from memory and not the best of one.
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WGR
western gold resources limited.
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9.5¢

great result but what's doing?, page-7
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Last
9.5¢ |
Change
0.011(13.1%) |
Mkt cap ! $21.85M |
Open | High | Low | Value | Volume |
9.1¢ | 9.5¢ | 9.1¢ | $77.59K | 832.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 95216 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.086 |
2 | 124880 | 0.084 |
4 | 182625 | 0.080 |
1 | 80000 | 0.079 |
4 | 350000 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 95216 | 1 |
0.098 | 20000 | 1 |
0.099 | 39493 | 1 |
0.100 | 365000 | 5 |
0.105 | 51345 | 2 |
Last trade - 15.47pm 18/07/2025 (20 minute delay) ? |
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WGR (ASX) Chart |