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Westgold Resources managing director Peter Cook.

Westgold touts $80m project sale

Metals X spin-off Westgold Resources has entered into a toll processing agreement with Canadian company RNC Minerals that comes with an option to sell its South Kalgoorlie operations for $80 million in cash and shares.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
115thMount Gibson Iron26%-9%
168thPerseus Mining12%12%
342ndBase Resources-13%-9%
614thWestgold Resources-50%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/01/18
$790k Bought
24/11/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↑Perseus Mining$383.8m
16th↑Westgold Resources$376.6m
18th↓Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
513 listed resources companies ranked by revenue.
Source: Morningstar

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