CAPITAL MARKETS

Rotation could be on the cards in Westgold, Silver Lake, Ramelius orbit

THE odd person out in the 250,000-300,000-ounce per annum Western Australia gold triumvirate is Westgold Resources, meaning some intra-sector rotation could potentially be on the cards.

As Westgold founder and chairman Peter Cook has been wont to say over the years ... 'gold mines always look better at night'

As Westgold founder and chairman Peter Cook has been wont to say over the years ... 'gold mines always look better at night'

Based on cash and debt at the end of the June quarter, Westgold has an enterprise value of about A$550 million, versus those of peers' Silver Lake and Ramelius Resources of circa $830 million. For the...

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