THE 4 MILLION OUNCE BET, page-10239

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Bomber78

11,208 Posts.

987

11/07/23

18:28

Post #: 68734675
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Originally posted by Linebacker11 ↑

... now that the ASX hype-genie is out the bottle, these up-coming DD holes may shoot WWI higher pre any South African approval, as maybe not all fuel has been spent in this run-up .. though should any South African approval drop sooner lighting-up the market and initiating maybe the biggest ASX junior share-price spike of 2020-2021, WWI then maybe shifts over to operational [underground] reality until first gold [%] - [esp if under 2B SOI] and that's when the WWI numbers get Hollywood imo ....

... holding-off on that last CR 3M may have been another good move by the BOD and any CR at session levels may also be well received, thereby perhaps firming up Western Australian exploration. With the current South African PM maybe being an ex-mining entrepreneur, WWI may soon commence South African operations [again], the market may seem to think so.

... toll arrangements may suit as companies only see loads roll through their gate, without the complications of shaft maintenance, workforce, de-watering etc ... still expansion can be of importance to majors and a JORC 4.3 Moz in a mining district in maybe the richest gold field on earth, maybe attractive. [if an MR permits]

... DRD GOLD may still remain the largest share-holder atm and perhaps that spells some added confidence in WWI getting ore to surface ... how long from any possible South African approval to first ore to surface maybe the next critical step [ROM] .....

- Below are all estimates only and most are growing their ounces ...
- RXL - 1.2 Moz - est. 2.0 Billion shares on issue @ 0.056.
- DEG - 2.2 Moz - est. 1.2 Billion shares on issue @ 1.080
- BGL - 2.3 Moz - est.0.840 Billion shares on issue @ 1.155.
- WWI - 4.3 Moz - est. 1.2 Billion shares on issue @ 0.082.

... wonder if there's now a near continuous contrail across the pacific between Wingfield and WWI offices ... or warm desks ...

... JORC 4.3 Moz with near term <>50000 ounce pa production timeline [on approvals] .. WWI maybe a 'shoot to the moon' stock.

... WWI maybe the biggest gold bet on the ASX.

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Was an 8c stock.

might be time to revisit this thread

WWI Price at posting: 2.1¢ Sentiment: None Disclosure: Held
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