They have more optionality than they are given credit for. The AIC will be relatively close to the AISC so they still have a fair bit of wriggle room when it comes to gold price. There are far more precariously positioned operations out there. No debt and 190 million is a nice position to be in going into FY23.
The movements in the substantial holder notices will tell an interesting story. Morgan Stanley rodeo!!! It's a great spectator sport. It's even more fun participating in the carnage.
WGX Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held
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