I think there is massive unrealised potential in their Resource ... 9.1 Moz resource and only 2.6 Moz reserves.
Assuming they have the processing capacity they could easily double production by pushing conversion to reserves to the 60% level. Would be good to see a clear strategy mapped out to achieve this ( although admittedly not closely following WGX ... that massive unrealised potential in their resource is one reason I invested ).
Ann: 2019 AGM Presentation, page-19
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Last
$2.72 |
Change
-0.090(3.20%) |
Mkt cap ! $2.565B | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.77 | $2.66 | $21.94M | 8.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 85087 | 6 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WGX (ASX) Chart |