WGX 0.19% $2.68 westgold resources limited.

WGX turnaround, page-2

  1. 1,824 Posts.
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    Hi TrendTracker

    Like you, I am hopeful that WGX's production plans are finally starting to come together resulting in consistent production of 300k oz pa at a reasonable margin to generate meaningful cashflow and profits. Re the NST shares, these were sold last year with the cash used in development/operations. Development of the mining centres and the purchase of ACM has consumed significant cash over the last 18 months, let's hope that this investment leads to strong cash generation over the next few years.    


 
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