WGX 1.78% $2.86 westgold resources limited.

What am I missing here?? 80 mill for: "The acquisition comprises...

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  1. 15,288 Posts.
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    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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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
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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