It's an approximate back of the envelope liquid asset estimate.
18.2 million cash
2.5 million shares
.5m 200 ounces gold
10 to 15m stockpile inventory which I guess will be processed over next few weeks.
1.5m receivables
Total Gross 32m to38m
Subtract 5 weeks operating costs (1 million per week drawdown)
Subtract processing cost for stockpiles (5 to 7.5 million)
Total Net 22m to 25.5m left to payout out redundancy payments etc.
It's an approximate back of the envelope liquid asset...
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Last
$2.93 |
Change
-0.040(1.35%) |
Mkt cap ! $2.763B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.98 | $2.93 | $33.24M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 663107 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 369285 | 3 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |