WWI 14.3% 1.2¢ west wits mining limited

Yeah I am a little confused about the timings from the...

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  1. 2,042 Posts.
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    Yeah I am a little confused about the timings from the announcements regarding the sale to MLI and consortium.

    I dont think the Forestry approval will be an issue because the quarterly announcement sort of suggests it is in the final admin phase in Indonesia.

    Still havent had the drilling results though from The Gap and Lip Target.

    WWI has suggested in the last 6 - 12 months in their announcements that news flow would increase but they seem quite lacking in that area and at times is very frustrating.

    I had a thought also about the current CEO and why he got issued so many options. Maybe WWI is planning on replacing the CEO in near future and loaded the current one up with options before it happens. Not sure and just speculating.

    I will certainly be glad when the Forestry approval is announced and production begins. Very frustrating when WWI doesnt have any trades for a week then all of a sudden someone sells half million shares at the price of 4 cents with all the good news that has been released and still yet to come. Its like someone is playing with WWI. I still think the share price should be around 10 cents currently but anyway I am patient. I initially put $70,000 into this stock in 2008 so I am still way down on my initial investment. Has been a long haul but WWI is finally getting their act together. MLI certainly has not done WWI any favours over the last few years and I am surprised they are not in Administration quite truthfully. Thank god the current arrangment is a consortium with good backers and deep pockets or I would have gotten out of this stock had they sold solely to MLI.
 
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Last
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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Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
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