THE 4 MILLION OUNCE BET, page-6713

"ASX Announcement and Media Release
Monday, 9 August 2021
Managing Director’s Letter to Shareholders
The Company will soon be securing contractors to commence the physical work of mine development and commissioning. Mining will commence by employing an external mining contractor." [part-of]

... maybe next off the WWI rank ... firming-up UG contractors ... surface works ... the market may move WWI on commissioning should South African operations achieve this in good time ... astounding imo that there may almost be more on the Pilbara project than the giant South African gold mine ... [shafts ?] ... feasibility [?]

"ASX Announcement and Media Release
Friday, 23 July 2021
Restated JORC Resource of 3.55Moz at 4.26g/t Au
for the Granted Mining Right at the WBP
Exploration – Next Steps
Shango’s recent report identified significant potential to increase the current MRE with additional drill defined MRE generation which could be achieved by decreasing the drill hole spacing, implementing infill drilling, through strike extension drilling and by extending the drill hole depths. Shango further notes that most of the recently performed infill-drilling on the Kimberley East project area did not extend below a depth of 300m, though high-grade mineralisation is historically known to extend to depths in excess of 1,500m.
Underground sampling and infill drilling will form part of the West Wits Exploration Team’s on-going activities upon commencement of underground mine development and production" [part-of]

... nice ... 1500m drill it WWI ... probably expensive holes ... though the market may like gold shows in shiny drilling reports

... imo WWI may track gold more closely now ... probably not take much for any gold-hype to lift the SP ... any volume on WWI may beget more volume ... with spikes running-up / sold-into ...

... the ever-present asset sell-down line ...

... my view has not changed on WWI - DRD GOLD may still remain one of the largest share-holders atm and perhaps that spells some added confidence in WWI getting ore to surface ... how long from South African approval to first ore to surface maybe the next critical step [ROM] ...


... WWI maybe the biggest gold bet on the ASX.