WWI 7.14% 1.3¢ west wits mining limited

from the original announcement " The agreement requires the...

  1. 45 Posts.
    from the original announcement
    "
    The agreement requires the principle contractor, Mintails Mining SA (Pty) Limited
    ("the Contractor"), to undertake and fund all preparatory works, ore extraction,
    transport, processing, gold recovery and rehabilitation costs at Sol Plaatjies. Following
    recovery of costs by Contractor West Wits will receive a priority payment equal to the
    prevailing value of 0.6 grams of gold (currently circa USD 25) for each tonne of ore
    taken in the previous month. Subject to payment of that amount in full to West Wits
    thereafter the Contractor will be entitled to a payment equal to the value of 0.4 grams
    of gold for each tonne with any additional surplus cash then shared equally between
    West Wits and the Contractor.

    But the Adminstrator is the Boss
 
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