WGX 3.60% $2.14 westgold resources limited.

Cheers Wassa, hmm.... first thought it... I don't see any major...

  1. 11,646 Posts.
    lightbulb Created with Sketch. 6012
    Cheers Wassa,
    hmm.... first thought it... I don't see any major synergies (especially in regards to it's location compared to the Murchison, it's a bloody long way to Kal). Though I suppose Karora's major asset is an U/G mine, and if anyone can mine it well, WGX team can. Like @loki01 I would prefer WGX bolster it's production profile closer to home before taking on something outside the Murchison, but.. at this point I would be willing to back WB. I guess if nothing else it would still be a pure unhedged play.. with a production profile aiming for 500k p.a.
    Boy would that annoy RF over at GMD, he wants that spot!

    Not sure why WGX would want the Lakewood mill either.

    Then you have SPR down the road... for a similar price you get arguably, a similar production profile with a single plant with the ability to truck ore from WGX existing U/G mines (though not currently in production).

    Spot POG is... a nice end to the March quarter.
 
watchlist Created with Sketch. Add WGX (ASX) to my watchlist
(20min delay)
Last
$2.14
Change
-0.080(3.60%)
Mkt cap ! $1.013B
Open High Low Value Volume
$2.22 $2.22 $2.12 $5.935M 2.750M

Buyers (Bids)

No. Vol. Price($)
1 7465 $2.14
 

Sellers (Offers)

Price($) Vol. No.
$2.16 92487 3
View Market Depth
Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
Last
$2.13
  Change
-0.080 ( 4.08 %)
Open High Low Volume
$2.22 $2.22 $2.12 916246
Last updated 15.59pm 13/05/2024 ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.