Ann: West Wits and Mintails JV Agreement Terminat, page-2

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  1. 2,042 Posts.
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    re: Ann: West Wits and Mintails JV Agreement ... I have seen this before. Due to constantly not meeting timelines with announcements they have crashed their share price where it is getting to a point where they will not be able to or would not be viable to raise funds via shareholders due to the shareprice and then if this new agreement does not work out with Mintails or banks refuse to lend them monies to conduct further drilling, the company will go under or will be taken over. Very dangerous point in time now for this company. There is a good chance now West Wits is in trouble due to the poor share price mainly. Also major shareholders could just come in and take the company over and us small shareholders will be the losers. Very tired of West Wits. Evidently they know about gold but do not know how to run a listed company. They should have continued their deep drilling instead of worrying about shallow gold production and wasteing investors money and time.
 
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Currently unlisted public company.

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