Not good. It means they are losing money, day by day. There is some inflexion point, when the production comes on line, but they have been having a problem getting production to perform as they plan (hope?).
Also, I am fearful of them now, as their announcements are more and more hype and without facts to back up the hype. Lose a huge mining contract = no impact (then they talk about redundancies). But no impact.
The buy of mining company was 'as planned one month', then a 'reactive, protect WGX' then next month.
They 'see' gold in as assay then say 'no need to quantify.... it is just 'obvious' they have motza gold.
They have now 'hit gold' in the dewatered hole. No detail.
WGX have a very strange way of communication. I really dont like mystery.
Ann: Westgold Tops Up with $20.85M Gold Pre-Pay Addition, page-4
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Last
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.82 | $2.76 | $9.255M | 3.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11822 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 48779 | 5 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
