WWI 14.3% 1.2¢ west wits mining limited

Just guesstimating the dimensions of the bar from the photo I...

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    Just guesstimating the dimensions of the bar from the photo I get a mass of at least 10kg. A bit of googling tells me that a standard good delivery bar for gold is 12.4kg, so I'd guess that the molds are made for that mass or close to it. If they've mined 5000 odd tonnes that's giving me 2g/t without even trying. I would guess that they'd pump out the ann as soon as they poured the bar so I can't imagine there's a second bar lurking out there. On the other hand they may have not yet processed that full 5000 tonnes- the ann says that's the figure excavated, not processed.

    If they extract 130kt as promised they should pull in at least $3.25m in the next year. They may do better than that.

    Usual rules apply, higher grades and recoveries are good. I regard 2g/t as a minimum for what we want to get. While I'm guesstimating like crazy from very limited data, at the moment things are looking good.
 
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