Hey Loki, after today's announcement, I do feel like my target price will be reached, although who knows when. WGX just does not seem to be able to get real runs on the board, yet from what I read, management are supposed to be more than proficient. I keep trying to work out just what is not going right for them....
Then there is the simple fact that for the near term, I cannot think of a catalyst for the stock to re-rate. They need a good quarterly, and June is not going to be it... perhaps Sept?
As you say though Loki, upside is there, but... there is a decent amount of choice available gold stock wise on the ASX, better options are out there I think. I won't change my sentiment yet, but... getting tempted to.
WGX Price at posting:
$1.51 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)