WGR 0.00% 3.1¢ western gold resources limited.

realistically, what's the low point?

  1. 6,439 Posts.
    414m shares x 21c per share = $87m

    less cash = $15m

    less RUM 16m shares x 25.5c = $4m

    = $68m for 3moz gold (2moz CMGP + 1moz Rover-1) in DEVELOPMENT mode

    EV/oz = $23

    The above doesn't include resource upgrade at Rover-1 (another 750koz?) Ex-108 lead-zinc resource, Ex-142, regional exploration at CMGP and Rover, McArthur lead-zinc-copper JV with MMG etc

    Is this some kind of joke?

    Cheers
 
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