Your cash generation is way too high with an ASIC of $2,250 which is very close to the $2,245 in the December quarter plus your realised gold price is only $120 higher than the December quarter of $3,041 where the cash generated was $21m. Using December quarter as a base the additional cash generated with gold produced of 60,000 Oz is only $7m but your figures imply additional cash of $31m.
To achieve an ASIC of the mid-point of their FY guidance they need an ASIC close to $1,800 for the second half of FY24 as ASIC for the first 6 months was $2,085. If they do achieve an ASIC close to $1,850 then cash generation of $54m is reasonable.
WGX have expenses above ASIC unless you mean AIC of $2,250.
Your cash generation is way too high with an ASIC of $2,250...
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Last
$2.18 |
Change
0.070(3.32%) |
Mkt cap ! $1.032B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.20 | $2.12 | $8.145M | 3.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6935 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 28028 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$2.17 |
Change
0.070 ( 3.36 %) |
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| Open | High | Low | Volume | ||
| $2.14 | $2.20 | $2.12 | 775023 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WGX (ASX) Chart |