Ann: West Wits Raises $665k to Accelerate WBP Development, page-26

And don't forget the 2g/t cut off grading ... you won't see that in AUS with many explorers talking up .05 g/t cut-off grading with sub 2g/t averages ,,

If we don't get taken-out for 100-200mill etc in this next great Bull Gold market then I'm sure our margins will increase past $200 towards $400 per oz if we are feeding the mill
50kt of 3g/t gold ore per month with 90% gold recoveries that over $20mill AUD EBIT pa
67% =$13.4mill per year net to WWI for 30yrs??? still so much old JORC to bring up to latest JORC code 4-5moz gold resource is a given next year IMHO

Very long life project if WWI goes down the production road...if so should command higher P/E-10+ = 134mill+pilbara projects