WGX 0.69% $2.88 westgold resources limited.

Hi Grub, WGX showed in the recent presentation that there is a...

  1. 12,119 Posts.
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    Hi Grub, WGX showed in the recent presentation that there is a possibility of toll treating ore being processed in FY25, so... logically, if a deal was to be done, it would likely need to be signed off before the end of the year...? To enable any permitting, planning, pre-strip, contractors etc etc to be locked in.
    Nothing guaranteed, as any deal needs to be signed off by both companies (though it looks like both OAU and WGX are being realistic about it all).
    Perhaps the hold up is simply getting a few more drill results done, results, permits for the pit etc?

    Hopefully OAU provide some color soon, as really, it's their flagship asset and will likely provide a lot more detail about any deal, as... it's likely very price sensitive if it comes off.
 
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