Judging by the 5B I imagine that the production cost includes: $410,000 in dividends to the JV partner and include some or all of the $270,000 for the mining rights application - which would explain the very high number for the March/April period.
I doubt WWI will sit in the gutter and cry about the numbers, more likely to keep on trucking towards increasing production. The share price might not be a great fan but buying in anticipation of growth is not a terrible strategy
Ann: DMR Accepts West Wits Mining Rights Application, page-3
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1.4¢ |
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Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 945206 | 1.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1540287 | 4 |
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