Cheers for that Joel.
Great image and shows the hard work that is going on aside from the production.
I note you are back in?
Well done on the timing, I think with the likes of L1 purchasing a lazy 8.2m shares in the last week or so, it shows the big end of town are very comfortable with the merger.
Both WGX and Karora are going to benefit hugely by the spot price sales, all when they are in a heavy capex period, versus other producers that, are seeing huge inflows of cash, BUT... not investing in longer term production growth.
@TrendTracker - that is what I took from the Crux interview, though I hope to watch the investor call which Wayne spoke in, to get even more color on the deal from their perspective.
News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger, page-105
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$2.54 |
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