I contacted WWI yesterday and they advised that the recent deal with Mintails is done and signed and the only outstanding matter is shareholder approval. I got so used to Due Diligence periods that I automatically thought it would apply in this instance but it doesnt.
They also said they will announce when they have received the first refund from the previous deal and that they are very eager to get drilling and increase their proven gold reserves to 1Million ounces farely quickly.
They seemed positive that the conceptional gold and uranium resource is in the ground and are eager to get back on track and prove it.
I will be approving this deal no problems - to have DRD and Mintails off their books as major shareholders and 5.5 Million dollars for drilling is an outstanding outcome.
Also if you read the announcement last week it says they are looking at further gold prospects in West Africa. Currently capitalised at only 4 Million dollars what a buy - wish I had more money.
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1.2¢ |
Change
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Mkt cap ! $40.66M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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15 | 4737266 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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2 | 151538 | 0.009 |
7 | 3588613 | 0.008 |
2 | 1409048 | 0.007 |
2 | 2142999 | 0.006 |
3 | 1400000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2172152 | 5 |
0.011 | 390000 | 2 |
0.012 | 3000000 | 2 |
0.014 | 1000000 | 1 |
0.015 | 1000000 | 1 |
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