WWI 0.00% 1.4¢ west wits mining limited

If you read the reports you'll have noted the weather has been...

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  1. 357 Posts.
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    If you read the reports you'll have noted the weather has been horrendous and they have had third party problems with the refiner they use - beyond management's control. Mining isn't like rolling cars off a high-precision production line. AND please, tell me the last time you recall a regulator making a decision within an allotted time frame - very rare! Further, you fail to appreciate that securing regulatory approval requires significant stakeholder engagement plus the DMR are very focused on environmental issues and ensuring corporates can deliver on re-hab.


    The prize here is getting the mining right and seeing this thing morph into a 80-100k Oz per year producer in due time. If you can deliver a 10 bagger for a $15k investment then that ain't a bad risk reward trade-off. WWI was never a 2018 play, very much a 2019 play with upside leverage from the improving political environment in SA. If this stock was in WA it would be worth tens of millions given the near 4m JORC resource they have in the M&I categories. Give it some time or sell up and move on.
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $23.70K 1.693M

Buyers (Bids)

No. Vol. Price($)
5 1843017 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1054224 3
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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