WWI 5.88% 1.6¢ west wits mining limited

Ann: Mining Right Granted at Witwatersrand Basin Project, page-156

  1. 1,202 Posts.
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    What you’re saying just straight up isn’t true. I should report you for ramping or unsubstantiated information if anything. The company’s own target is 60k per year. There’s literally nothing anywhere about increased production volumes from the deeps. If anything the deeps is the harder part not the easy part.

    That’s the trick here - the cash flow isn’t going to be that great so you don’t get to have a $B market cap. DEG has a chance as making huge amounts of cash per year from its resource using a massive operation. It’s a whole different scale. The resource size is only one thing - digging it up and producing gold is another.
 
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