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1.3¢ west wits mining limited

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blooreeler

14,620 Posts.

44

10/11/16

15:18

Post #: 20522468
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Originally posted by mcreek ↑

US market up about 3% and our futures up 155 points (also about 3%). Not too sure how Trump will do (but good to see his victory speech was conciliatory). Early days I know but perhaps a good reminder that people usually overreact.

As for WWI. A brief recent post pointed out that people were complaining that WWI was rubbish when it was under 1c. Then people complained that it was not worth 2c when it went up. It's happening again. Fact is 2016 has been a great year for the company and they have set themselves up for a potentially great 2017. A lot of the groundwork has now been done that they can build on.

My expenctations for the next 9 - 12 months:

1) minimum 3-4 small mining operations in SA
2) increase resource in SA to over 1.6m oz
3) min $5m cash in bank to provide good buffer
4) start alluvial mining in Indonesia (I think they can do it)
5) if they can do the above the revenue should be upwards of $30 plus pa (hence cash in bank).

So long as they keep moving forward. Which they seem to be doing.

Expand

mc
No 5...
You meant income of $300k from the royalty
on the SA leases......no

WWI Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.3¢		Change -0.001(7.14%)		Mkt cap ! $40.66M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.3¢	$23.92K	1.831M

Buyers (Bids)

No.	Vol.	Price($)
14	4773043	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	674741	2

View Market Depth

No.	Vol.	Price($)
2	151538	0.009
7	3588613	0.008
2	1409048	0.007
2	2142999	0.006
3	1400000	0.005

Price($)	Vol.	No.
0.010	2172152	5
0.011	390000	2
0.012	3000000	2
0.014	1000000	1
0.015	1000000	1

Last trade - 15.21pm 15/11/2024 (20 minute delay)

WWI (ASX) Chart