As others have pointed out, ramp up risks were always a risk.
Having said all of that, you are paying next to nothing for this company. Gold looks really attractive on a short and medium term basis.
This is a great market clearing event (news wise) to enable investors to take a position, as I have today.
The valuation is just too compelling to pass up. Let's not forget they are generating a heaps of cash, and the balance sheet is in a strong position.
Free cash flow yield will stil be 4.5X
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Last
$2.99 |
Change
0.055(1.88%) |
Mkt cap ! $2.791B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.07 | $2.96 | $4.016M | 1.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 25110 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 34628 | 35 |
View Market Depth
| Last trade - 12.25pm 23/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |