WWI 6.25% 1.5¢ west wits mining limited

Ann: West Wits Reviews Exploration Prospects for Uranium, page-151

  1. 4,432 Posts.
    lightbulb Created with Sketch. 1483
    I’ll give you this but of advice, if you read nothing else in the cash flow report of a company’s Quarterly learn to calculate cash remaining and fractions of number of quarters left that can give your the number of weeks left. In wwi last quarterly that was 8 weeks and a bit. Or 4 and a bit from the Ann!
    Did the scope study impress you? It didn’t impress me, as the time frames were much longer that I thought and has an ave ROM grade 3gm/t
    It’s funny guys like you throw crap about inside info and yet MQ text me asking if I had lost faith and reread the quarterly! I did 2 more times.
    Talking about time frames.
    I posted Scott Kel’s price expectations (and expectations of a lot of us) july 22
    Quartley was out end of july this is a rather lightbulb moment for me.
    CR early August
    Scope study mid August another light bulb moment!
    Can I ask you this question, what did the CR actually tell you? As in what did you figure out/learn if anything from it? (and don’t say mates looked after its lame!
    The CR and its size told me there would be no mining this year, if there was to be a smaller raise funding would have been in the pipeline to mining. It still amazes me what guys miss in the webinars and interviews. The early start mining will fund the DFS studies on the other parts of the mine. Each one will have a DFS like the Shallows. Jac actually stated in an interview the mining will fund the studies!
    Having said all this for the final time the gold still there it will be mined, every ones time frames are different as A20 said sometimes it pays to stay with what you know, but that’s an individuals choice as you learn more about the project.
 
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