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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Hey Joel,To quote a favourite movie.. there can be only one...
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Last
$2.55 |
Change
-0.060(2.30%) |
Mkt cap ! $2.410B |
Open | High | Low | Value | Volume |
$2.53 | $2.57 | $2.51 | $5.063M | 1.987M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
54 | 61114 | $2.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.56 | 45549 | 29 |
View Market Depth
No. | Vol. | Price($) |
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54 | 58865 | 2.550 |
23 | 113513 | 2.540 |
22 | 123953 | 2.530 |
18 | 45574 | 2.520 |
16 | 294442 | 2.510 |
Price($) | Vol. | No. |
---|---|---|
2.560 | 67271 | 30 |
2.570 | 66942 | 32 |
2.580 | 105723 | 17 |
2.590 | 72771 | 21 |
2.600 | 77237 | 14 |
Last trade - 13.05pm 31/07/2025 (20 minute delay) ? |
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