WWI 14.3% 1.2¢ west wits mining limited

Article of Interest

  1. 2,042 Posts.
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    I am still going to exit this stock in 2016 but just thought I would post this link.  IMO the illegals will prevent WWI from ever getting Derewo into production and with SA, well, we have been down this track in 2008-2010 but they sold out and wasted all the money on preparing Derewo for production (at least $7-8 Million), an asset which is worthless unless they can get rid of the illegals which I don't think they ever will, and why, because they are too soft and far to cautious.  I don't want them breaking the law but until WWI says enough is enough and get the authority's to remove them, nothing will get Derewo into production, and why they wont be removed?, money (and gold) is king, and nearly all Indonesians are corrupt.

    My sentiment is sell but only once the share price is at 5 cents due to the assets in SA.

    http://www.weare121.com/121mininginvestment-cape-town/west-wits-mining-management-interview/
 
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Last
1.2¢
Change
-0.002(14.3%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.4¢ 1.4¢ 1.2¢ $27.33K 2.109M

Buyers (Bids)

No. Vol. Price($)
15 4737266 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 674741 2
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Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
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