The only other Goldie to compare to the forecast WSG is RSG which have 2x+ mine life, lower forecast and actual AISC in a slightly higher risk geo location, and higher hedging price in the short term.
i bought in expecting 300k+ output but was crushed today, aiming high but shoting low can be a bad sign, but the credit cap can benefit as it is above market price.
A fact is that a lower mine life will always lead to higher capital expenditures to extend it, I am Just on the mark right now but don’t think many are. Hoping this capital injection will give the board ammunition to extend mine life and allow acquisitions to propel it further
Last edited by Sethie:
P.S I am a trader not an investor,30/01/18
WGX Price at posting:
$1.60 Sentiment: Hold Disclosure: Held
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