OGM doesn't understand the financing.
- WWI Require US$54M (US$44M if gold is at $2200) as per the DFS
So, let's work with US$44M. Finance will cover 50% to 60% of the funds required. Let's work with 50% to be conservative, so that leaves only US$22M left. MQ wants to minimize share holder dilution after all he has 40M shares himself and was talking about a bridging loan. I wouldn't be surprised if the whole US$54M gets financed.
With an ASIC under US$1000 with gold at $2500 this is a no brainer
I wouldn't be surprised if WWI get the whole US$54M financed.
Ann: West Wits Completes $1,500,000 Capital Raising, page-20
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $82.65M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.5¢ | 2.3¢ | $71.25K | 2.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3231590 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 2798214 | 9 |
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| Last trade - 12.50pm 07/08/2025 (20 minute delay) ? |
| WWI (ASX) Chart |