Hey Desert,I agree with you about squandering the opportunities...

Hey Desert,
I agree with you about squandering the opportunities they have around them, however, unlike say RMS, until recently, their script was very undervalued and made it very challenging to outbid the likes of RMS (MGV is a case in point). That being said, WGX has so much upside just from it's own current assets, reserves and resources, that it does not need to chase external assets just for the sake of growth. It's interesting, but... the MD of WGX has possibly one of the largest work forces within the W.A gold sector, because of their buyup of their mining contractor. Yet, he continues to be paid the same as many other MDs of mid tier producers. I have not really pondered it much, but... perhaps the market should take note of the breadth of his abilities.

Because Cookie (past MD) just mined the open pits at will, did not complete fully fleshed out mining studies before undertaking 100m+ investments in the likes of Big Bell etc, yet only in the last 2 years has WGX started to actually drill its huge tenements (2022 was basically all focused on Great Fingal and infill/extensional drilling to flesh out their current U/G mines, which clearly was the right thing to do, no point discovering green field deposits, if it takes too long to get them into production when you need profitable ounces now. This is changing with new U/G targets being drilled as we speak, plus of course more infill/extensional drilling to ensure they have more long term U/G ounces at the likes of the Bluebird U/G mine.

WGX has stated clearly they want to focus on their strengths. U/G mining... so... then if they do buy anything, it must be U/G mining focus. The list of possible investments within W.A thin very rapidly when that is the key requirement. Lucky for WGX, it has a few possible options within its region (though WGX potentially will look further afield, I mean, they seemed comfortable getting into AME and consolidating a neighboring region.