WWI 3.70% 1.4¢ west wits mining limited

The 4.4 billion usd resource

  1. 424 Posts.
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    I have always followed other stocks and looked at feasibility studies into how they get them anywhere.

    west wits has a 4.4 billion dollar resource in the ground, this is based on 3.6 million ounces multiples by 1200 usd per ounce

    yes our Margin of that might be only 100-200 usd an ounce after jv split for toll treatment, however that is potential LOM ebit of 400-600 million USD

    that is crazy and to think we are at 8 million aud mc 
 
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