Hmm...while the strategy of accessing U/G ore with low capex is fine, the ASIC.... or $2000 does not bode well.
Even $1900 AISC for FY2023 is hardly anything to be excited about. That being said, I think the main issue, is that WGX continues to not provide the sort of clarity that RMS does. What was the non-sustaining capex cost for Fender? As really, its impossible to tell if this operation will actually produce a profit at all.
Hmm...while the strategy of accessing U/G ore with low capex is...
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Last
$2.64 |
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-0.090(3.30%) |
Mkt cap ! $2.490B | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.75 | $2.63 | $18.57M | 6.972M |
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| No. | Vol. | Price($) |
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| 5 | 62497 | $2.63 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WGX (ASX) Chart |