WWI said in its last quarterly that Derewo would be getting a move on last quarter - could be something out of the hat coming up on that project?
I did find a copy of Far East Capital's initiating research report. Based on the calculations in that report it seems that the in-situ sale price for the SA assets could be somewhere in the vicinity of $80m-$120m+. When the JORC resource was at 1.2m ounces with a gold price of $1200 per ounce, Far East said $40m sale price would be reasonable.
On that metric alone WWI is sorely undervalued!
WWI said in its last quarterly that Derewo would be getting a...
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $1.415K | 101.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 183825 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 3598137 | 5 |
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| Last trade - 11.47am 14/11/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
