WWI 0.00% 1.4¢ west wits mining limited

Let's have some fun: - @ $250K cashflow per month = $3M p.a. -...

  1. 1,587 Posts.
    lightbulb Created with Sketch. 87
    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
    Last edited by DonaldFrump: 11/04/18
 
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
WWI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.