WWI 6.67% 1.4¢ west wits mining limited

Ann: Results of Meeting, page-8

  1. 7,323 Posts.
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    With the bullish price action in PoG, we have PRU buying up a 19.9% potential blocking stake in ORR.

    ORR MC$220: 2.835Moz @ 3.64g (M+I resource)
    WWI MC$30m: 1.958Moz @ 4.38 (M+I resource; WWI 66% interest)

    Although ORR has converted a high % of resource to reserves: 2.6Moz but at a significantly lower grade, 2.02g, than resource grade.

    CapEx in AUD approx:
    ORR $717m
    WWI $83m

    Risk v. Reward
 
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