Timmo, I go by market cap so I reckon on announcement of going into production the market cap will probably get to around $30 Million. If then they find good quantities and we find out the cost per ounce to get it out of the ground and it is a low cost, I reckon $50 Million. If they find the source of the alluvial gold then maybe $80 Million market cap. WWI will then probably do a cap raising to bring source into production. Don't forget there is still the asset in South Africa which they intend to sell (I think anyway) which should bring in between $8 - 10 Million though we have to wait the outcome of the current legal proceedings, which WWI seem confident they will win.
Timmo, I go by market cap so I reckon on announcement of going...
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Last
1.2¢ |
Change
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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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