WGX 1.09% $2.73 westgold resources limited.

Ann: Corporate Update, page-2

  1. 11,788 Posts.
    lightbulb Created with Sketch. 6316
    Nice and brief, to the point.
    Good to see them break up the exploration meters drilled, though if I can be honest, I am more interested in what they are planning to do in FY25 (more please!). Either way, the next MRE update is hopefully going to surprise on the upside.

    https://hotcopper.com.au/data/attachments/6321/6321685-456ccba191a4b3f9ae0703d4a2c8d3ac.jpg

    Must admit, I had forgotten about the zero cost collars, they would have put a small dint in the June Q (shaved off $1-2m), so WGX will see an improvement on their average price in the Sept Q).

    https://hotcopper.com.au/data/attachments/6321/6321687-392d12172fcc8064539d7380119eb8c9.jpg
    https://hotcopper.com.au/data/attachments/6321/6321691-b4b8851d89b0fa30a91a80b6a04f7487.jpg

    As I said, nice and clear timeline.

    https://hotcopper.com.au/data/attachments/6321/6321692-879e9798579db04d133404c399bdfb6a.jpg

    Then WGX 3.0 is going to give the market something new... a fully unhedged 400k+ producer which has ploughed a crap ton of capital into their assets.
 
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