So WES owns the gold interests 100% in Mt Holland from Kidman purchase !
Lithium market down some 80-85% and if Swedish get sodium ion battery process working in next 5 years lithium space won’t be good I believe.
So current Resource/Reserve gold in Mt Holland is approximately 1,200,000 million Oz. There is a gold processing plant about 70km from Mt Holland which I assume would toll treat the ore. Then gold price this morning has hit highest price per ounce in human history at AUD$3,783.34 per Oz a few minutes ago.
I see no common sense in WES approach to not commercialise this asset for shareholder wealth !
WES Price at posting:
$64.54 Sentiment: None Disclosure: Not Held
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