Hey Joel,
To quote a favourite movie.. there can be only one ⚔️
All that being said, I don't discount WGX looking to Bluebirds south too, for a bulk mining option to bolster the Bluebird plant... MEK seems the most logical choice.
GBR are 1-2 years away from being permitted.
OAU even longer, as it just had it's maiden MRE.
WGX can pick them off at a later date if it needs to.
As to whether it will be a full acquisition, or something similar to what GMD did with SBM... offering MEK a big pile of WGX shares and just taking their Murchison assets off them, or... a 100% toll treatment deal for say 5 years... lots of possibilities.
WGX may have had other plans for the region, but in the near term. It just seems logical and a relatively quick option (sort of like MGV, but... MGV was priced at a very high cost per ounce.... $200+). I would be thinking a price close to $40 an ounce, as really, MEKs ounces are not amazing, but... they would be profitable.
Thoughts...?
We will see
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Last
$2.64 |
Change
-0.090(3.30%) |
Mkt cap ! $2.490B |
Open | High | Low | Value | Volume |
$2.73 | $2.75 | $2.63 | $18.57M | 6.972M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 62497 | $2.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.66 | 31612 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13000 | 2.630 |
6 | 6553 | 2.620 |
1 | 18000 | 2.610 |
14 | 36371 | 2.600 |
3 | 16652 | 2.590 |
Price($) | Vol. | No. |
---|---|---|
2.680 | 15000 | 1 |
2.700 | 1000 | 1 |
2.720 | 3500 | 1 |
2.760 | 3000 | 1 |
2.770 | 24080 | 3 |
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