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I was looking at the last Quarterly and I must say that when it...

  1. cgl
    353 Posts.
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    24/03/23
    10:14
    Post #: 66937667
    I was looking at the last Quarterly and I must say that when it comes to WD I find their reporting quite confusing.
    They say they produced 135 oz of gold for a total revenue of $548k. If you divide 548k by 135 you get 4059, so I guess that figure is inclusive of copper sales, not just gold?
    If so, if they produce 350oz this quarter with an average price of $4100/oz, that is $1.35m. Cost of $800k, that would leave us with $635k profit, with a potential annual profit of $2.5m. Would my assumption be correct?
    GBZ Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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