WGX westgold resources limited.

Let's take the last offer and minus all that value now...

  1. 2,631 Posts.
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    Let's take the last offer and minus all that value now gone.
    starting with 9 months of tailing dam life lost.lift was expected/costed this Dec qtr.
    The ability to have immediately have the plant milling profitable ore from day 1 a year ago.
    cash in bank now gone?
    cost of recommencing operations,building stockpiles of economic ore and delays until plant can be restarted producing income.
    Once you start with the value loss and realise costs of operation excluded powerplant lease costs which is why figures never added up imho.
    So not necessarily that cheap a plant to run.in reality due to cost structures I guess.
    Will the powerplant physically be still there next year,it all depends on contracts and minimum payments due to keep them idle.

    $40m for a stranded decommissioned plant is rather hopefull is my guess when the easiest source of ore is 100k away and the site now needs a lot of cash spent bigtime in comparison to a year ago to get cashflow which will not be immediate.

    time will tell.
 
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(20min delay)
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) ?
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