WWI 5.88% 1.6¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-10622

  1. 426 Posts.
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    The real game is:

    WWI has an asset at Qala with a value of approx. $2.4Bn USD: 924kOz's x $2,580 per Oz USD

    Whereas the same asset at Qala was worth approx. $1.7Bn USD @ $1850 per Oz some 12mths ago

    At this GP a 20% correction in GP would still be above $2,000 USD and is still very minable from the DFS (Jul-23) data presented

    Furthermore a speculated GP of:

    $2,700 per Oz x 924kOz's would put the asset value at approx. $2.5Bn USD

    $3,000 per Oz 924kOz's would put the asset value at approx. $2.8Bn USD

    With Finance, WWI will be able to realise the Qala asset.

    https://hotcopper.com.au/data/attachments/6459/6459626-dbef083852c7015c662b67c33c7d0799.jpgInvestors are now starting to rotate into Gold Juniors

    https://hotcopper.com.au/data/attachments/6459/6459632-93d8d0c66efb2e736e42c890e74c0e01.jpg


 
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