I also sold down half my holding in the expectation that it will...

I also sold down half my holding in the expectation that it will go a fair bit lower, but who really knows where its going to go given that the AUD is likely to fall over time thereby lifting the AUD POG and WGX is one of the few true mid tier goldies that would be be considered cheap if they meet their targets. WGX could be over $3.00 in 2020 if all goes to plan (which it never seems to do so with them).

I am beginning to doubt that they will get the share price consistently over $2.00 by end June 2019 when the 60 million $2.00 options are due to be converted. That could be both good and bad - missing out on $120m in funds but having fewer shares on issue if the options do not get exercised.

It seems to me as if there is actually a willing buyer at around $1.52 level so for the time being there is a reasonable degree of support. Perhaps that will change once today's press release get digested.

loki