WGR western gold resources limited.

clawback, stats.

  1. 4,944 Posts.
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    Quote from Quartely, ..

    AngloGold Clawback Rights
    The Company is in on-going negotiations with AngloGold relating to the Clawback Option AngloGold holds over the Rover Project tenements and in particular the Rover 1 deposit.
    The two main issues of dispute are:
    The timing of AngloGolds final election date on the Rover 1 Area of Interest
    The inclusion of EL24989 within AngloGolds Area of Interest notification.
    In the meantime, Westgold would like to re-confirm that to date AngloGold has not chosen to exercise the Clawback Option on the Rover 1 - Area of Interest, however the Option still remains open to AngloGold.
    Additionally, all drilling and Scoping/Pre-feasibility study programmes are advancing as planned in the knowledge that should AngloGold elect to clawback then all this expenditure is included in the 3 times payment required to enter the option and be free carried (25%) to the completion of a feasibility study. Should AngloGold not make the election then Westgold is well positioned to advance the development of the Rover 1 deposit retaining 100% ownership.

    From a recent Speech by MD I was of the opinion the $ spent were in the vicinity of 36-60mill X3. If not correct, you are welcome to correct me. viz. $120 to >$150 million

    DYor GL.
 
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(20min delay)
Last
9.0¢
Change
-0.005(5.26%)
Mkt cap ! $20.70M
Open High Low Value Volume
9.1¢ 9.1¢ 9.0¢ $18.41K 202.3K

Buyers (Bids)

No. Vol. Price($)
1 6596 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 93903 1
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Last trade - 13.40pm 13/08/2025 (20 minute delay) ?
WGR (ASX) Chart
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