WWI 3.70% 1.4¢ west wits mining limited

Ann: Restated JORC Resource of 3.55Moz Au for Mining Right, page-54

  1. 12,974 Posts.
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    looking at the bigger picture aka how much Gold we could produce first stage -in the Ann it does state even thought the resources have been reduced at this stage because of restrictions from DMR (thus Gold hasn't gone anywhere we just can mine it at this stage but they hope to get around this in due time)

    -WWI believes they could JORC 2.25Moz GOLD to JORC Reserves via DFS this AUG?!!!!!!!!

    so all you noob running around screaming SELL Monday

    just understand you don't mine Resources you mine Reserves (well unless you want to go broke)

    give me a large JORC Reserves every day of the week .. to put this in perspective go look at all you ASX Gold producers find out want their Reserves are .., this is what predators use to calculate value ...

    we see WWI drop 2.25Moz in reserves local major will flip and confidently know they can take $400+ per oz in profit .. they know the Fn area as they produce from it

    So Mr harmony or Sibanye throw base profit after AISC
    in the calc at present USD Gold price and see $$900mill
    with upside in Gold moving much higher with inflation

    so go ahead sell on Monday sub 100mill cap those sane sellers in the know want you too .. as they know the big boy's love easy to mine profits and we happily soak them up ...

    late AUGUST you will be pissed if indeed WWI drop 2.25Moz Gold reserves
    Last edited by Sharetrader78: 23/07/21
 
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