Preferred Mining Contractor for Gold Duke Project with Deferred Payment Facility. SSH Group Limited.
When this mining contractor becomes a binding Agreement, it will hit a lot of radars. If the last two trading day are any indication it won't be far off Imo.
• WGR has issued a non-binding notice to SSH Group Limited (ASX:SSH), selecting
them as the preferred mining contractor for the Gold Duke Project in Western
Australia.
• SSH Group has proposed a capital facility under a deferred payment
arrangement, designed to support WGR's cash flow as it begins operations at the
Gold Duke Project.
• A binding obligation to be created on the execution of a Master Services
Agreement (MSA) with SSH Group, along with the finalisation of the capital
facility.
• WGR entering the MSA will be subject to key internal milestones, including the
execution of a toll treatment or ore purchase agreement and a Final Investment
Decision by the WGR Board.
• Comprehensive Mining Services: SSH Group to provide a full turnkey solution,
covering site establishment, mining, and ore haulage to third-party processing
facilities.
• SSH has formed alliances with highly experienced contractors to support the
project including mining and civil and technical services provider specialising in
mining operations.
• First-stage production will focus on a portion of the four deposits across Eagle,
Emu, Gold King, and Golden Monarch, which has a Production Target of 447Kt at
2.55 g/t Au for 34,000 oz1.
• This is yet another key milestone in the Company’s strategy to achieve ‘shovel
ready’ status for the project, that includes a deferred payment facility.
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western gold resources limited.
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Last
9.2¢ |
Change
0.002(2.22%) |
Mkt cap ! $19.72M |
Open | High | Low | Value | Volume |
8.9¢ | 9.3¢ | 8.6¢ | $30.39K | 338.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 39247 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 0.089 |
1 | 100000 | 0.088 |
1 | 40000 | 0.083 |
2 | 350000 | 0.082 |
1 | 24875 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 200000 | 1 |
0.098 | 59587 | 1 |
0.099 | 185974 | 2 |
0.100 | 116519 | 1 |
0.105 | 1345 | 1 |
Last trade - 15.40pm 20/06/2025 (20 minute delay) ? |
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WGR (ASX) Chart |