WGX - Valuation and SWOT Analysis Aug 2019, page-7

Well heres another take, its the latest broker report on Ramelius.
They have done comparisions with other Goldies, but not WGX!
Why no WGX, because if you put WGX into the mix, WestGold blows RMS out of the water, along with the rest.

An example is SBM , market cap 2.6 billion and similar production to WGX.
Yes makes Ramelius look cheap, but Westgold absolute bargain.

In "GOLD we Trust"

The chart did not come out that well, pay to do your own due diligence and see if you come to the same conclusion.


https://www.rameliusresources.com.au/wp-content/uploads/bsk-pdf-manager/2019/09/RMS-August-2019-Final.pdf

ASX Comparables – Gold Producers
Company RMS SLR RSG SBM RRL SAR NST EVN
FY20 Production
(Guidance) 205-225koz 215-230koz 490koz 310-335koz 340-370koz 350-370koz 800-900koz 725-775koz
AISC (A$/oz)
1,225-1,325 1,375-1,450 ~A$1,350 ~A$1,300 1,125-1,195 1,025-1,075 1,200-1,300 890-940
Net Cash/Gold
(A$m) 106.8 131.1 -299 111 205.3 154.5 361 35.2
Market Cap ($m) 838.8 949.4 1,594.6 2,615.7 2,860.7 3,214.2 7,790.2 8,858.7