WWI 0.00% 1.5¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-10515

  1. 418 Posts.
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    I really don't know what the aversion to numbers on this thread but my time is up. Good luck to everyone

    I came on here to change Mgmt because nothing was happening and MQ & BOD have changed it around and demonstrated they can find the expertise to fill gaps in the business. Well done WWI.

    Gold should continue to go up due to Central Bank buying, they have unlimited resources to fight either: Debt and inflation mitigation, geo-political conflicts and USD weaponisation. When a customer like central bank's buys, miners supply and now we'll start to see increased earnings with miners and now smart money will start to rotate into this space as a portfolio diversifier.

    Smart money will wait until

    https://hotcopper.com.au/data/attachments/6354/6354003-a73360da2ce587ebdd880c50d79e738b.jpg

    The discount rate has many moving parts but this a zero debt, net cash model with all the information available on ASX and YouTube. TINFA & DYOR

    Reasons why this model breaks:

    • GP drops below $2050 but there's a 20% margin of safety.

    Reasons why buyers would pay 1.2 PE

    • GP breaks above $2500, this makes Qala bullet-proof IMO
    • GP breaks above $2700 or $3000

    This GP is great for lenders, great for miners and great for developers looking to get a project started.

    Good luck, everyone

 
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