WGX westgold resources limited.

All going to going to be interesting.if WGX can ramp up to...

  1. 265 Posts.
    lightbulb Created with Sketch. 42
    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
 
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
$2.64
Change
-0.090(3.30%)
Mkt cap ! $2.490B
Open High Low Value Volume
$2.73 $2.75 $2.63 $18.57M 6.972M

Buyers (Bids)

No. Vol. Price($)
5 62497 $2.63
 

Sellers (Offers)

Price($) Vol. No.
$2.66 31612 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.