WWI 14.3% 1.2¢ west wits mining limited

should get our next $1 million today from mli

  1. 2,042 Posts.
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    We should get our next $1 Million today from Mintails. Mintails is doing quite well at the moment and share price has risen 25% in the last few weeks so all looks good for receipt. WWI has a guarantee in place anyway from memory.
    Another $1 Million due on 22 May and then we start getting the first of $3 Million from the tonnage removed by MLI from the SA assets that were sold. Also another $1 Million is due on the transfer of ownership is registered from memory. So all in all still $5 Million still to be received after receipt of todays $1 Million.
    Not bad for a market cap of $5 Million and WWI still has assets in SA worth around $8 Million which they might be selling very soon. Good cashflow to support Derewo project.
 
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