This is the rise in WWI in 2020 (Jun-Nov 20), although I can't predict when this pop will happen again, I can predict that when WWI does pop (due to entering production), there will be plenty of 'gap ups' due to short squeezing.
Gold Price was between then - $1780-$1850 in this time (peak at $2080) vs +$2300 right now
Mining yield then was 700koz vs 924koz's
Wingfield's investment then was $10m vs $16m IDC (+Wingfield's $10m) = $26m
Try not to listen to the neigh sayers, once the IDC hits I see WWI popping to 2.7cents ish immediately (IMO DYOR) and then Shorters have a decision: to cop a 2 x loss (from current value 1.5c) and or pray that it doesn't gap up higher, like it did last time.
Values are better, tailwinds are in place bring the IDC home Mr Chairman
Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-588
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Last
1.3¢ |
Change
0.002(13.0%) |
Mkt cap ! $32.99M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $14.53K | 1.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6225000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1442014 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WWI (ASX) Chart |