WGX 1.49% $2.72 westgold resources limited.

Ann: Q3, FY24 Production Update, page-68

  1. 3,574 Posts.
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    I believe you are asking the right questions about the assets … not so sure about the ship turning around thou.

    Production over 10 quarters dropping from mid 60 / 70 till low 60’s now low 50’s koz.

    https://hotcopper.com.au/data/attachments/6085/6085330-9198f86f910406cc25a88a0b1a51177d.jpg
    I believe you are asking the right questions about the assets … not so sure about turning the ship around.

    Production over 10 quarters dropping from mid 65/70 Kos to low 60’s now low 50’s.


    https://hotcopper.com.au/data/attachments/6085/6085333-c54febb37912f9b05d87ed0d3d13903a.jpg

    Wayne has been a inspiring promoter but Westgold has only stopped taking on water due to hedge lapsing and the gold price … the power project may make a small difference to costs going forward.

    Wgx will continue to lag other miners whilst it’s performance lags.
    Last edited by wassa: 07/04/24
 
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