WWI – the multi bagger small cap gold producer?, page-62

Let's have some fun:

- @ $250K cashflow per month = $3M p.a.
- 3M / 765M shares = 0.0039c
- 0.0039c x P/E 9 = 3.5c share
- If we double the production, we have 7c share.

They're aiming for 100kozpa in 2019, so what's that, 5 times current production?....gives us 17.5c share price?

$100kozpa is a nice goal, but first up they need the permits ....9-12 for granting mining rights seems wishful...what's the story with S.A. - a b*tch of a place to do business or does stuff happen quick?

Not fussed about their DimWits 2.0 ground (we all know how that went), but I wouldn't hold it against them.

Worth a punt like my fellow Interminions say.

DF

PS - this post was intended to be positive