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.
Investors are now starting to rotate into Gold Juniors
