WWI 14.3% 1.2¢ west wits mining limited

this week will determine future of west wits

  1. 2,042 Posts.
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    Well by COB this coming Friday will determine the future of West Wits Mining. If the processing agreement with Mintails comes off and we have concrete dates that certain milestones must be completed, I reckon WWI will be in production by end of this year. 12 months late but that is common with mining companies moving from explorer to producer. The due diligence currently being carried out should also have determined the funding requirements for West Wits and how they will raise the capital needed for the crusher and upgrade of Gold 2 but also funds required for further exploration of the deeper targets. I still think West Wits has a bright future if the board continue to steer the company correctly as they have done in the last few years. They have taken it easy and weighed their options at every point and I think in the next 6 months they are going to rocket ahead.
 
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