WWI 7.14% 1.3¢ west wits mining limited

Amused

  1. 145 Posts.
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    Certainly a boringly exciting stock. Production starts and the share price goes down. Happens with low liquidity stock when clearly 1-2 larger shareholders wishing to sell (for whatever reasons).

    Personally, I still prefer to be in over the next 6 months than out. Indo 'may' do something. Not the most hopeful but certainly wish to see what this new mob can do. Worth the watch and wait for a few months at least. They are certainly better connected with the businesses they are in. Worth a wait, watch and see.

    WWI will make some decent money out of the first year production, but of course it will take a few months to get production up and the top layers out of the way. So the first 2-3 months production should be expected to come under first year average. Surprised if people think otherwise.

    But it's small, but it gives revenue to expand. And that's what they stated in the quarterly. Other production areas planning has started.

    For me, I will give them 6 months. If we are still in this holding pattern then I will sell most of my stock also. But as an investor I still hold hope that things are about to get exciting - production increasing, revenue to do so much more, multiple revenue sources (SA alone), then Indo (hmmmm yes even I still hold that to be zero value, but at least something is happening behind the scenes that 'perhaps' may come to something?).

    At least it's a stock that is actually moving forward. That's why I am still in. For now.
 
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Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $20.67K 1.581M

Buyers (Bids)

No. Vol. Price($)
1 1908533 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 874741 4
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Last trade - 11.51am 15/11/2024 (20 minute delay) ?
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