Ha, finite for almost everyone on the planet (Fed and other Central Bankers have certain advantages).
The ATO do indeed have a say in things... sort of a good problem to have, versus.... having the goal of just using up some past capital losses (
).
I almost wonder... in regards to WGX share price fall.... did some in the market have a similar concern as yours about the true 'value' of MGVs deposits... and having RMS strike so strongly, prove the doubters wrong? We will never know of course.
That sentence very succinctly sums up WGX. I think if WB continues to refine the business, 250-300k p.a is very achievable. Hopefully now that MGV is a non-issue, WGX will become even more transparent about its plans for open pits, restarting closed U/G mines, Great Fingall, Big Bell Expansion etc.
For what it's worth, I had a moment today when I looked at doing a full pivot into SLR, who are actually... also unhedged for the 2nd half of 2023 (though they are re-hedged from 2024 onwards, but... at prices above $2800 AUD). As SLR have a big pile of cash and an E/V of perhaps only $100m more than WGX. I am not a big fan of SLR, especially their move into Canada, but... the risk/reward is getting close to WGX.
(20min delay)