WWI 13.3% 1.7¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-6729

  1. 441 Posts.
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    I understand your position but not the sentiment on the CR. The way it was run was very amateurish when thinking about the hurriedly prepared webinar that was done just prior to the trading halt. I think we all could see if not at the time very clearly in hindsight what was the intention.

    Be that as it may and remembering the company is very much a junior running on the smell of an oily rag the raise could be seen a mile away but despite the the discount on the SP is actually not that bad especially given what the capital will allow the company to further develop Witwatersrand.

    Yes looked at in the short term it will hurt those that have come in since Nov-Dec 2020 or post Jan this year.
    Buy in regards to its overall outlook the company is still in a great position and the SP will begin to reflect that over the coming months.

    I can't wait for the northerly movement as further milestones are released between now and Christmas.
    In terms of your .24 prediction on production, well I am thinking more like .36 of course depending on gold price but that's my brokers target. As one of Sydney's best, he has rarely been far from the money particularly on energy and mining stocks.

    Either way I just hope everyone hangs in until they get their payout, as I have done and seen so many times in the past people sell out at just the wrong time from inpatient choices. Covid lockdown has probably increased our watching and anxiety so here's to a higher SP & emf of lockdowns.
 
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