"The acquisition comprises the project’s operating processing facility, which has an annual throughput capacity of 1.2 million tonnes, a JORC Resource of 4Moz, including 250,000oz in Reserves, and 800sqkm of prospective gold tenure"
I would have thought the 4 Moz resource alone would be worth 2 or 3 x the 80 mill even without the production facility. There must be a catch somewhere.
WGX Price at posting:
$1.56 Sentiment: None Disclosure: Not Held
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