Yes somehow they seem to provide such a large amount of information in the quarterlies but the financial information is difficult to filter out (which isn’t by accident).
I haven’t done a deep dive but with every single one of the operations running at very high cost, and significant capex still ongoing, another raising appears likely. Maybe they could take on some debt but from memory management aren’t big fans of having debt on the balance sheet.
This compamy is only worth looking at A$ gold above $1800 for mine. I have always been a bit cautious of ‘Cookie’. Watched a few video presentations and his style never sat well with me. Seems a bit of she’ll be right mate kind of guy.
WGX Price at posting:
$1.43 Sentiment: Hold Disclosure: Not Held
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