WWI 6.25% 1.5¢ west wits mining limited

Ann: Wits Basin Scoping Study, page-150

  1. 796 Posts.
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    yup, that’s the carrot I’m holding on for as well. Will be more frustrated (& for longer) should I exit sooner & they announce a sale/rises shortly after.

    as a stand alone benchmark ppl look for that 100k
    ozpa so we get reduced attention but hopefully to a feed hungry suitor in close proximity that knows the area & all its pros & cons well, wwi buyout increasing their existing production should hopefully make it worthwhile the price.

    i keep going back to bulk of the top 10 holders still haven’t sold. Mq still has his 38m soi & if he felt the company was worth 7c a share, no way he holds them from 14 to 3.


    still think they’ll want 20c on a buyout (though yeah, I’d be happy with a lot less, will take 12-14 lol). Before anyone jumps on about it being 200% over current sp, well, it won’t stay at 4c forever, would expect gold pour & financing to hopefully lift it up.

    what are your thoughts on potential buy out numbers?


 
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