WGX 1.78% $2.86 westgold resources limited.

Ann: CY 2018 Gold Production Guidance Update, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,303 Posts.
    lightbulb Created with Sketch. 664
    Hi Kovey, I am just a humble punter like most on HC.
    No inside or outside info. Just going from everything I can scour off the web, plus WGX performance since its demerger. The quarter will be average IMHO. I estimate they have burnt though approx $25m, plus they had a couple of issues with also forced their hand with the guidance downgrade. All things being equal, the AISC will be highish. They have $60m in NST shares, its going to be interesting to see how many they sold and at what price.

    Compared to its peers, the company is cheap, but... investors are overall, impatient, and WGX is taking a whole lot of time to meet its vision of being a 400k+ producer. I think if you go back to much earlier presentations, they have servery missed their targets.

    That all being said, I am tempted to buy a few, but... while I am no chart guru, its not pretty.

    The AUD gold price must surely help them out a bit in the June Quarter, but... March I think will be average at best. Not long to find out.
 
watchlist Created with Sketch. Add WGX (ASX) to my watchlist
(20min delay)
Last
$2.86
Change
0.050(1.78%)
Mkt cap ! $2.527B
Open High Low Value Volume
$2.80 $2.87 $2.78 $13.35M 4.704M

Buyers (Bids)

No. Vol. Price($)
3 72565 $2.85
 

Sellers (Offers)

Price($) Vol. No.
$2.86 17255 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.