I believe that recent corporate activity is very strategic and smart, particularly in a rising POG environment.
SLR dropped $100m+ on its Murchison project. I hate to imagine what the replacement cost of the plant would be? This is small change to spend on those assets and I expect the ROI on the $10m spent will be massive as the assets are exploited.
Buying the Mining Contractor to decrease costs is also a good move.
When gold starts to really take off it is scary how much upside companies like this one will enjoy.
I believe that recent corporate activity is very strategic and...
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Last
$2.85 |
Change
0.010(0.35%) |
Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.88 | $2.83 | $5.068M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49644 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 104299 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
