Try the insitu value approach: https://www.911metallurgist.com/blog/how-to-value-gold-deposits
If you assume 4% of the current gold price (A$1,700), and focus only on the Wits then its potentially north of A$200m with 3.5m oz Au in the ground.
A potential case of hidden value ... which is a matter for the South African mining regulator to slowly unlock for us over the next 120 days .... tick tock until the rerate
Worth $30m currently., page-4
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $23.70K | 1.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1843017 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1054224 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
