Yeah looks hugely undervalued at current with AUD gold at $2,700.
With the hedging changes we are now getting $2,000 an ounce for 30k and $2,700 for 45k (once in full production). Assuming AISC of $1,350 that means we should have free cash flow of $19.5m and $61m before deducting other expenses. Once Big Bell is rolling then profits are going to be very impressive.
Debt gone in 3 months. Around $100m in cash and other assets. With the majority of CAPEX done with Big Bell then dividends must be certain. Yet we drop 7% today when other gold shares up strongly?
There is the danger of the mine site closing or having issues if a worker test positive though.
Yeah looks hugely undervalued at current with AUD gold at...
Add to My Watchlist
What is My Watchlist?
 (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 |