How do we know there is no t/o behind the scenes - was this in the webinar? I missed a part of it.
Either way, the majority of t/o's come post DFS, so there would no point engaging beforehand.
A good announcement, and great that they are targeting 80,000 ounces - that's a 33% increase on production, so very sold leading into the DFS.
Market did not react as we hoped today, but not surprising - lockdowns, a red day, gold sentiment low and of course, waiting for the DFS which will be the market maker. We need a lowish AISC and good profit margins which will be recorded in the DFS - if positive, then the re-rate should commence from there. I still believe USD $1,000-$1,200 range, which would leave healthy margins on 80,000 p/a.
IMO the DFS would be 99% complete, and words in the webinar today saying they are waiting for finalisation were likely said to protect themselves - JAC seemed very confident of low AISC and profitability, and given they are already discussing specific financing options, I would imagine we would get offers within the next fortnight.
Only 6 more trading days at most to wait...
- Forums
- ASX - By Stock
- WWI
- Ann: Scoping Study Results Highlight Potential for Long Mine Life
Ann: Scoping Study Results Highlight Potential for Long Mine Life, page-52
-
- There are more pages in this discussion • 123 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WWI (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.12M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $14.38K | 959.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1890574 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 1905518 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1890574 | 0.014 |
11 | 3389498 | 0.013 |
6 | 3639998 | 0.012 |
9 | 1969033 | 0.011 |
10 | 3608999 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 1905518 | 4 |
0.016 | 3677189 | 10 |
0.017 | 3378642 | 11 |
0.018 | 1916797 | 6 |
0.019 | 1533001 | 3 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
WWI (ASX) Chart |