WWI 0.00% 1.4¢ west wits mining limited

Sorry Razorline, I have to disagree as well. The mine operation...

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  1. 58 Posts.
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    Sorry Razorline, I have to disagree as well.

    The mine operation is cashflow positive, $450,000 estimated for this current quarter. The reason for the overall cashflow going backwards are exploration, staff, admin and corporate costs. Total net cashflow for current quarter is expected to be -$65,000. I'd much prefer to be invested in an exploration/early production company that is not chewing through cash and diluting my investment through further CR's. The staffing and corporate costs are much lower when compared to other exploration costs, so I believe it is being run efficiently by management.

    If you want to sell your shares, I will happily buy them.
 
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