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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$2.61 |
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Mkt cap ! $2.462B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.65 | $2.59 | $8.453M | 3.238M |
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| No. | Vol. | Price($) |
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| 5 | 23806 | $2.59 |
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| Price($) | Vol. | No. |
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| $2.61 | 1970 | 1 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| WGX (ASX) Chart |