WGX westgold resources limited.

How does one assess value?, page-4

  1. 4,567 Posts.
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    the difference is that WGX is currently a high cost miner with bad hedges all the way to 2021(~$1550 AISC cost= price received - not making money), this is reflected in the heavily discounted stock. Also the assets are fairly legacy style with numerous slight legacy issues and production issues with the mines historically.

    RMS and SLR are low cost miners and are free from legacy issues.

    DEG/BGL are fresh new developments likely at low AISC - no legacy aspect. DEG in particular will require large capex though, so not a fan of DEG.

    GOR is also an expensive miner with only ~150,000 ounces production, but its low AISC and goldfields partner gives it a premium valuation of $1.5billion. Market seems to be rewarding low AISC and also new developments unencumbered from any issues due to the Dacian experience..


    Last edited by Nige456: 02/08/20
 
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Last
$2.93
Change
-0.040(1.35%)
Mkt cap ! $2.763B
Open High Low Value Volume
$2.94 $2.98 $2.93 $33.24M 11.34M

Buyers (Bids)

No. Vol. Price($)
7 663107 $2.93
 

Sellers (Offers)

Price($) Vol. No.
$2.94 369285 3
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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