WWI 7.14% 1.3¢ west wits mining limited

Ann: Sol Plaatje Update, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 499 Posts.
    lightbulb Created with Sketch. 18
    They received 170k for 14,000 tonnes production for a period that covered start up costs. They are expected to increase to 15,000 t/m so you could reasonably infer that WWI will generate at least $170k/month. I would expect at the increased tonnages that unit cost ($/t) will decrease and greater margins realised. There are a heap of variables but given the information available I think this is a reasonable observation.

    On the agreement. I see that there is reference to a "term sheet". Now i don't know if this is binding or not but given the nature of some of the board members (from legal field) I would highly doubt that WWI would be left hung out to dry due to a handshake agreement.
 
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
(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¢ $21.04K 1.610M

Buyers (Bids)

No. Vol. Price($)
1 124873 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 774741 3
View Market Depth
Last trade - 14.02pm 15/11/2024 (20 minute delay) ?
WWI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.