WGX 0.69% $2.88 westgold resources limited.

Not quite why, but I reckon this photo is one of the best WGX...

  1. 11,940 Posts.
    lightbulb Created with Sketch. 6629
    Not quite why, but I reckon this photo is one of the best WGX has provided (shows the true backbone of the company).
    Well done to the photographer.

    https://hotcopper.com.au/data/attachments/6046/6046643-f48e551404baadc139e47bccff0ff464.jpg

    The path to 300k p.a seems relatively simple (from a desk chair perspective)
    Even with the loss of Paddy's in the short term, Great Fingall will add a minimum 45k p.a.
    So net positive of perhaps 15-20k. Then you have Big Bell deeps with potentially another 30-40k p.a and... close to 300k.
    If Starlight performs slightly above expectations, a further 10k p.a.

    Then you have any acquisitions, which I think are coming (though hard to pinpoint what form they might take).

    The ever increasing spot price is a real cushion for a high cost producer and this is the time for WGX to shine.
 
watchlist Created with Sketch. Add WGX (ASX) to my watchlist
(20min delay)
Last
$2.88
Change
-0.020(0.69%)
Mkt cap ! $2.716B
Open High Low Value Volume
$2.85 $2.94 $2.83 $21.38M 7.413M

Buyers (Bids)

No. Vol. Price($)
3 96607 $2.87
 

Sellers (Offers)

Price($) Vol. No.
$2.89 15765 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.