Articles in News today 16/02/2024.
Mercury: WES caught in Lithium Crash.
Market Index. Lithium only drag on WES results.
So when WES purchased KDR Mt Holland they acquired 100% rights to the 1,200,000 Oz gold resource with significant blue sky upside in potentially more Oz of gold.
So my basic calculation on this is;
1,200,000 MOz Gold @ $3,000/Oz = $3.6 B
1,200,000 MOz Gold @ $1,800/Oz cost = $2.16 B
Profit after costs = $1.4 BILLION !!!!!
So why ???? isn’t this being developed to offset Lithium Capex ?????? I don’t understand !
WES - Mt Holland Gold Potential, page-2
Add WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$69.05 |
Change
0.000(0.00%) |
Mkt cap ! $78.31B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1900 | $75.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.99 | 1241 | 33 |
View Market Depth
| Last trade - 09.58am 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$69.16 |
Change
0.000 ( 0.49 %) |
||||
| Open | High | Low | Volume | ||
| $69.67 | $69.70 | $68.89 | 6998 | ||
| Last updated 10.17am 16/05/2024 ? | |||||
| WES (ASX) Chart |
Day chart unavailable