WGX is in 100% better shape.
Using the current gold price and projecting forward last quarters costs and production numbers, WGX rolling 12-month gross profit without hedges is in the order of 140 million. Not bad for a company barely above a 500 million market cap and trading below NTA.
The best part; costs should come down further and production profile hould continue to improve as Starlight / Paddys grades increase and Bluebird / Big Bell continue to ramp up.
DYOR
GLTAH
Chart thread, page-122
Add WGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.51 |
Change
0.080(3.29%) |
Mkt cap ! $1.190B | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.54 | $2.49 | $7.013M | 2.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14594 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 39926 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |