WWI 14.3% 1.2¢ west wits mining limited

WWI is about to become one of the most exciting stock on the ASX, page-20

  1. 347 Posts.
    What's going to happen? Well hard to tell of course. But it seems to be that what we have been waiting for since 2011 'may be' about to happen - actual true progress in a potentially large gold precinct. But that comes with severe sovereign risk (hence the 2011 part).

    It will come in three waves:

    1. Actual commencement of small alluvial mining, followed by what I expect to be multiple area alluvial mining. The key here is twofold:
    - We can actually start and hence have access to site proper, and
    - The company is cash flow positive and self sufficient (huge),

    2. The amount of alluvial gold we dig up and the cost to do so. Fingers crossed here but we are in the game due to point 1.

    3. Point 1 pays for the search for the source of what has been recorded to be multiple sources of gold. Again fingers crossed and nothing guaranteed.

    The main point of the above is that we need point one before we can get to points two and three. If we have access to the site to start mining then it's game on - which we have not had before. Fricken exciting times ahead if we have this. Hence the excitement.
 
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Last
1.2¢
Change
-0.002(14.3%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.4¢ 1.4¢ 1.2¢ $27.33K 2.109M

Buyers (Bids)

No. Vol. Price($)
15 4737266 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 674741 2
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Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
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