A few brokers have been pushing the gold explorer theme hard over the past few weeks, which has seen some of them re-rate 30-40%. WWI is a producer and generating cashflow, with a proven JORC measured and indicated resource that is three regulatory ticks (two permits and mining right) away from massively ramping up production ...
The new administration in South Africa is more progressive too so arguably there has been a moderation in sovereign risk, which in turn should curb the equity risk premium and reduce the WACC - this in itself is NPV enhancing.
All in the story is looking even better on a 6-12 month view.
A few brokers have been pushing the gold explorer theme hard...
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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) ? |
| WWI (ASX) Chart |
