WWI west wits mining limited

5 Million Ounces and Growing : The New Reality, page-157

  1. 4,774 Posts.
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    Find out how much the EMI was losing and then you will know HB.

    I’m sure if it was going to be breaking even they would have kept it going longer than 30 days and try and try to squeeze some positive cash out of it, but it was losing money fast.

    Your numbers blow out if it was costing US$2400/oz plus, as amazingly it won’t cover overheads and interest and I have no idea what the Gold price will do 6-12 months out. But anyone financing this will have a lower than spot gold price factored in, how much lower is where they pitch their risk.

    Now do you know why it’s taken so long to get here and still not financed!
    Last edited by GT55: 11/02/25
 
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Last
2.5¢
Change
0.002(8.70%)
Mkt cap ! $82.65M
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2.3¢ 2.5¢ 2.3¢ $176.3K 7.164M

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12 3447293 2.4¢
 

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Price($) Vol. No.
2.5¢ 1329090 3
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