But this sort of Cookie-Speak can be a complete coverup. If a company is not having free cash flow, they can always say 'oh, we are not having free cash flow ON PURPOSE; so we can have more for the future'
Their resources are over 11 million oz over 2 g/t. Their reserves are over 3 mill oz at 2.4 g/t. They own multiple plants and infastructure and their own mining services company.... all to the tune of $1.12 NTA.
They have everything in place. And what do they do. Mine for profit? Nope. They buy a bit more, sell a bit more, restructure this and restructure that. In the midwest of America we say '$hit or get off the pot'. It is now time for Cookie to do a $hit. He has goobled enought goodies to produce some free cash flow into the pot.
News: WGX Westgold Resources To Buy Andy Well And Gnaweeda Gold Projects, page-16
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Last
$2.94 |
Change
0.020(0.68%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $2.98 | $2.87 | $18.06M | 6.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38384 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 41607 | 6 |
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| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |