Looking very promising Spec.
If gold price remains the same as current gold price in the September Q of 2023 ($2,651 - $2,411).
66,540 oz * $240
Extra cashflow in September Q 2023 if production output remains the same would be = $15,969,600
Closing the hedges out will give them an extra 62 million in revenue.
Nothing to be sneezed at when we add in the cost saving initiatives and increasing production output.
IMHO WGX has never looked so undervalued.
L1 Capital seems to think the same!
Looking very promising Spec.If gold price remains the same as...
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Last
$2.97 |
Change
-0.010(0.34%) |
Mkt cap ! $2.801B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.01 | $2.92 | $10.06M | 3.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90453 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 33166 | 5 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |