WGX westgold resources limited.
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Ann: Westgold Delivers Top End of Production Guidance, page-8

  1. funked15
    174 Posts.
    lightbulb Created with Sketch. 29
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    05/07/23
    14:15
    Post #: 68634027
    The turnaround in performance this past year has been stark.
    Quarterly cash builds (losses):
    -$31m in Q3 2022
    Breakeven Q2 2022
    $9m in Q1 2023
    $24m in Q2 2023

    I am curous to know how much of the success is due to favourable gold prices..
    Interesting to compare WGX share price (blue) and AUD gold price (yellow) - almost identical charts the past year.
    Expecting (hoping) miners will significantly outperform the metal going forward if profits remain healthy.

    https://hotcopper.com.au/data/attachments/5403/5403202-c217667a59c29a7ce75bf0dd296b79f6.jpg

    Last edited by funked15: 05/07/23
    WGX Price at posting: $1.57 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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