WGX westgold resources limited.

$1 billion party, page-7

  1. 265 Posts.
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    All going to going to be interesting.

    if WGX can ramp up to plateau, then I am guessing will be producing at over 300k oz pa
    at potentially $800-$1000/oz margins

    so EBITDA around $250-$300m pa for 8-10+ years at the current/forecast gold price of US$1500-$1600/oz and AUD/USD rate of 0.68

    Could it get to 6x EV/EBITDA like GOR?
    If so, then looking at maybe $4-$5 share price target.

    Here I think risk is in ramping up to a high plateau rate that keeps AISC / AIC in the A$1300-$1400/oz range.
    Last edited by CommanderC: 19/09/19
 
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Last
$2.85
Change
-0.070(2.40%)
Mkt cap ! $2.687B
Open High Low Value Volume
$2.92 $2.96 $2.85 $17.18M 5.933M

Buyers (Bids)

No. Vol. Price($)
1 500 $2.84
 

Sellers (Offers)

Price($) Vol. No.
$2.90 29262 1
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Last trade - 16.13pm 27/06/2025 (20 minute delay) ?
WGX (ASX) Chart
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