WGX 0.00% $2.81 westgold resources limited.

Ann: Sale of South Kalgoorlie Operations, page-5

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  1. 15,288 Posts.
    lightbulb Created with Sketch. 139
    What am I missing here?? 80 mill for:

    "The acquisition comprises the project’s operating processing facility, which has an annual throughput capacity of 1.2 million tonnes, a JORC Resource of 4Moz, including 250,000oz in Reserves, and 800sqkm of prospective gold tenure"

    I would have thought the 4 Moz resource alone would be worth 2 or 3 x the 80 mill even without the production facility. There must be a catch somewhere.
 
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