So WES owns the gold interests 100% in Mt Holland from Kidman purchase !
Lithium market down some 80-85% and if Swedish get sodium ion battery process working in next 5 years lithium space won’t be good I believe.
So current Resource/Reserve gold in Mt Holland is approximately 1,200,000 million Oz. There is a gold processing plant about 70km from Mt Holland which I assume would toll treat the ore. Then gold price this morning has hit highest price per ounce in human history at AUD$3,783.34 per Oz a few minutes ago.
I see no common sense in WES approach to not commercialise this asset for shareholder wealth !
WES Gold at Mt Holland
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Last
$64.61 |
Change
0.790(1.24%) |
Mkt cap ! $73.27B | |||
| Open | High | Low | Value | Volume |
| $64.12 | $64.72 | $63.93 | $77.03M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29113 | $64.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.61 | 4298 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$64.55 |
Change
0.790 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| $64.18 | $64.72 | $63.93 | 117373 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| WES (ASX) Chart |