WWI 14.3% 1.2¢ west wits mining limited

Ann: Non-Renounceable Pro-Rata Rights Issue - Shortfall Notice, page-18

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  1. 3,513 Posts.
    lightbulb Created with Sketch. 47
    Indeed KGW, fascinating reading and thanks for posting the link.

    Seems like there's scope for some sort of profitable alluvial mining operation at the Derewo project site.
    Who knows, maybe WWI can start to finger some of those nuggets weighing several kilos that the report mentions.

    Perhaps more importantly, this is clearly elephant country.
    WWI may well be in a prime position to find any such deposits.

    Separately, the shares from the rights issue are to be issued Friday and are already showing a potential gain of 100% +.

    Some folk will want or need to cash out in the short term.

    Let's hope there isn't a mad rush for the exit door in the short term as lucky punters including the underwriters realize their first bonanza from WWI could be available right now.

    Such an unholy rush to sell and reap handsome short term profits would surely kill the nascent rally now getting underway, the 30% gain wednesday wasn't to be sneezed at. This was the biggest daily gain for yonks and on rising volume.

    WWI looks like it could present a few more bonanza opportunities in the coming year or so suggesting patient holders could be richly rewarded, he said, completely totally and 100% talking his own book.
 
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1.2¢
Change
-0.002(14.3%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.4¢ 1.4¢ 1.2¢ $27.33K 2.109M

Buyers (Bids)

No. Vol. Price($)
15 4737266 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 674741 2
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