WWI 13.3% 1.7¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-7587

  1. 441 Posts.
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    They have Howie because it was very disappointing to what had been selectively released in the months and years beforehand. Now listen Penny, Adventure and Howie, anyone that has something to point out against WWI doesn't hate them. Ok have we that sorted out?

    Now since July when the Mining Right was granted, we've had the Jorc downgraded by almost a million ounces, we have gone from the 60,000 P/A quick start up due to existing shafts and breast stoping, to a much slower production ramp up over 3.5 years and host of other news that was either contrary to what WWI had us believe or where they have changed significantly.

    So Penny, I reread every single release from the last 3 years: and my opinion has not changed, only strengthen as to why the market is reflecting such poor performance and news.

    Also and I'm happy to pull it out for you is a COMPLETE CONTRADICTION of your statement about the geology and access as I had thought. You better read, read, read the sections on the mining methodologies because it's there in black and white. (ASX Announcement:16 Aug) just to help.

    I'd encourage all of you to go back over the releases from WWI and you will see exactly why the SP is bleeding. What they are selling now is a far cry in size and timeframes to what they were selling only a few months ago.

    I hope the upcoming webinar is open to questions from the floor.
 
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