WGX westgold resources limited.

This compares to say RMS where the production rate is at plateau...

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    This compares to say RMS where the production rate is at plateau and the costs are lower at AISC say A$1250/oz.

    Here the risk is finding enough reserves and resources to continue production beyond 5 years. and the risk related to RMS management predilection with hedging.


    Also compare SLR - risk is high cost AISC $1400/oz so more operationally leveraged.
    also very short reserves life, with risk being a successful conversion of resources into reserves.
    Last edited by CommanderC: 19/09/19
 
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