Looking at a broker report, the divest of Higginsville, moves their pretty picture from 350k oz per year, down to 300k oz.
group production assumptions decline by 29,000 oz and 48,000 oz in FY20E/21, respectively
My comment: I wish they would stop all the buy and sell and invest and divest, and just run the freakin' stuff they have; one reason I like them is their very high resources; so they wont run out; the grades will not make them Zillionaires, but it should just be a steady, money making machine (as long as they stop stuffing around)
Also, brokers are lowering target prices from 5 to 10%; but brokers still have the target price 1.80 to 2.10
WGX Price at posting:
$1.03 Sentiment: Hold Disclosure: Held
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