CEO
What is nice about this deal? WGX has just borrowed another $21m, and are continuing to bleed money on their ramp ups.It is a better deal then their other GPP since its at a higher price (lower effective interest rate) but it is still a loan that must be repaid, in this case in gold payments rather than cash. I wonder is settlement is on a cash basis? The fact that they have hedging in place at a higher price than the GPP is a plus, but its normal for a company to have such hedging in place, and the decision to hedge should be made irrespective of any borrowings.
loki
CEO What is nice about this deal? WGX has just borrowed another...
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
