WGX westgold resources limited.

Hi @rosencrantz,MGV has the permitting underway right now....

  1. 12,532 Posts.
    lightbulb Created with Sketch. 8113
    Hi @rosencrantz,
    MGV has the permitting underway right now.

    https://hotcopper.com.au/data/attachments/5341/5341915-237225ef34aec4e299ea315b1073b7d2.jpg
    Interesting to note that MGV have not included any capex for upgrading the Northern Highway Intersection...

    Not sure what you mean by 'how' WGX will pay for the road upgrades? They actually just improved the road system around CUE for the Big Bell ore, but unlike MGV, with $160m in cash, they have the ability to fund it.
    The trucking, is likely to be done by a contractor, or... does WGX truck the ore inhouse (I am not actually sure, but I believe it's contracted).

    @loki01 - My best guess, is WB trusts Anthony Buckingham. Though of course, DD is still important, as you say, the two biggest issues for developers in recent years have been.... being able to fill their mill and..... whether the MRE reconciles with what the explorer (now acquired) actually keep telling the market they had. Even RMS has been burned by with the deposits feeding their Edna May mill under reconciling. Buyers are taking a much bigger risk, than mining their own discoveries!

    https://hotcopper.com.au/data/attachments/5341/5341932-5b190ca2f581ceb06e7114abfcbebb65.jpg

    As for the U/G, yes I believe it is narrow.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.98
Change
-0.070(2.30%)
Mkt cap ! $2.810B
Open High Low Value Volume
$3.03 $3.06 $2.95 $10.53M 3.517M

Buyers (Bids)

No. Vol. Price($)
6 57030 $2.98
 

Sellers (Offers)

Price($) Vol. No.
$2.99 20657 3
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.