westgold resources - buying into voy WGR/CPC JV is buying in VOY. Had already bought into ARQ and done well out of that transation so far (up around 40% in a month or so). Still priced well below value of cash and shares in ARQ and VOY.
Looks like WGR/CPC JV is targeting Perth Basin. They've announced they're interested in looking at getting a interests in production or near production opportunites.
Also WGR still have hope of getting a windfall from court case. They won the last court case against PMA so wouldn't be a big surprise to reap a few more million from this one.
Anyone got any thoughts?
Cheers
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3 | 620000 | 0.025 |
1 | 416666 | 0.024 |
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2 | 225000 | 0.022 |
Price($) | Vol. | No. |
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0.038 | 5000 | 1 |
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