WGR western gold resources limited.

10 m cap going to make 70 m profit/cash flow for 6 m outlay, page-24

  1. 1,173 Posts.
    lightbulb Created with Sketch. 207
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 15.40pm 20/06/2025 (20 minute delay) ?
WGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.