WWI 14.3% 1.2¢ west wits mining limited

Navy I also bought my first stock in this company back in 2009....

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  1. 347 Posts.
    Navy I also bought my first stock in this company back in 2009. Been quite a ride. It pays to be patient sometimes huh.

    Once revenue starts to flow it gets on people's radar. Brokers also start looking at the stock when this happens. Interest will start to flow soon.

    The artisan miners have been 'officially' mining 20,000 ounces pa. Not too sure what the cost will be to mine but would not imagine that it would be high. Let's say $500 / ounce. Let's also say gold at $1,300 an ounce. Profit at $800 = $16m - $4.8m to the artisans leaves $11.2m. This will drive a lot of exploration activity.

    So I guess the key over the first few months of mining is what will be the cost? and how many ounces they find.
 
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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

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No. Vol. Price($)
15 4737266 1.2¢
 

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Price($) Vol. No.
1.4¢ 674741 2
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Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
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