Michael Quinert executive Chairman commented “We are thrilled to see operations in full swing again at SPP. We now have a much heightened level of control and involvement in SPP and have great confidence in the capability of the team to deliver on the mine plan which calls for a build up to 15,000 tonnes of ore per month. We expect ore to be flowing within the next two weeks for processing and sale.”
The Company recently received a further $50,000 payment reducing the outstanding claim. West Wits hopes to finalise a settlement shortly.
Tax-time selling looks to have caned the share price on the back of peasant sized volumes.
We are due news on the ore and the payment structure any time this week or next. Look for a tick up to the mid 2-3's, good buying here.
WWI Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
