WGR western gold resources limited.

2.22%

9.2¢

10 m cap going to make 70 m profit/cash flow for 6 m outlay, page-22

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Lithiumbull69

96 Posts.

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22/02/25

12:32

Post #: 77977151
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Originally posted by Green thumb: ↑

December 2024 Quarterly Activities Report
• Metallurgical testwork confirmed excellent recoveries up to 95.1% from the Gold Duke
Project.
• Updated Gold Duke Gold Project global Measured, Indicated and Inferred (JORC 2012)
Mineral Resource Estimate is now 3.25Mt @ 2.1g/t Au for 214,000.oz.
• Highly experienced production expert appointed as Managing Director and Non-Executive
Director appointed.
• Appointment of experienced senior finance executive as CFO and Company Secretary. 6
• Preferred Mining Contractor for Gold Duke Project with deferred payment facility selected
under non-binding notice following quarter end.
• Approval of expanded of Mining Proposal and Mine Closure Plan for all 4 pits
within Gold Duke Project
• After quarter end, issued a non-binding notice to SSH Group Limited (ASX:SSH),
selecting them as the preferred mining contractor for the Gold Duke Project.
WGR Managing Director Cullum Winn commented:
With the appointments of a new CFO and Non-Executive Director, we are well
positioned to transition the Gold Duke Project into production.”

MKT Cap around 15Mill..This is a No Brainer IMO.

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What are the next few boxes that need to be ticked? Looks like they should be digging by November. Are there any catalysts between now and then that should wake the market up to potential value of this company?

WGR Price at posting: 8.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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(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

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)

WGR (ASX) Chart

10 m cap going to make 70 m profit/cash flow for 6 m outlay, page-22

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10 m cap going to make 70 m profit/cash flow for 6 m outlay, page-22

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