WWI 7.14% 1.3¢ west wits mining limited

That's a good pick up. While we can only speculate on the maths,...

  1. 2,097 Posts.
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    That's a good pick up.

    While we can only speculate on the maths, if they got a 22.5kg bar from about 5200t of ore, those are good grades and at the planned annual 13kt extraction for the year whould pull in over $US5m at the current gold price.

    While these things can go disastrously wrong, the grades really would have to be really mediocre (under 1.5g/t) for there to be no money to be made.
 
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1.4¢ 1.4¢ 1.3¢ $20.67K 1.581M

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1.4¢ 874741 4
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