You are not missing anything. The combined assets of these two companies is the making of one of the best unhedged gold producers in Australia. The 400 thousand Oz per year is definitely on the low end capabilities of Westgold. Once old KRR shareholders are paid out at today's Westgold prices expect shareholders to purchase Westgold shares in the future. With the price of gold and the new drills turning in Beta Hunt I expect good news for shareholders in the near future also. With the new figures due in October and drill results the markets have to react. KRR and Westgold were both heavily shorted and I don't understand why either. Best of luck.
WGX Price at posting:
$2.82 Sentiment: Hold Disclosure: Held
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