WWI 6.67% 1.6¢ west wits mining limited

Ann: Formal Acceptance of Prospecting Right Application, page-9

  1. 3,062 Posts.
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    I am going to start calling out paragraphs in WWI announcements that we all know from past experience, promises that will most likely not happen or cannot be trusted to happen. WWI has never been good with keeping shareholders appraised of events as they unfold. Let me think of a few, the EMI for example, when the decision was made to stop the EMI the market was not advised which to me was price sensitive because 8 months earlier they indicated the EMI would derive revenue, the raising 12 months ago that indicated part of the funds would be used for Infill Drilling which never happened.

    You cannot for a minute believe the paragraph under in the announcement.

    "West Wits remains dedicated to keeping shareholders updated on the progress of these PRapplications as they continue to unfold. The Company is excited about the potential that the WBP holdsand eagerly anticipate advancing efforts in this promising region".
 
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