Who's looking forward to re-open to WWI trading on the ASX
like a kid waiting for Xmas maybe tomorrow !! ... I see CMM just raised 65mill from holders and new investors !! this is a company currently worth $200mill+ that has an average grade 1g/t that only half what WWI cut-off grade is 2g/t(CMM cut-off .29-.39g/t) ???
crazy RIGHT? here we are @ $6.4mill waiting to re-open into one of the most bullish couple of weeks for the gold sector>> who's excited about WWI potential run on bargain punters as I'm seeing so many spec's with nil Gold but the potential rise
WWI = 3.67Moz JORC GOLD resource (12MOZ -2003 JORC) Measured 1.42Moz 3.65g/t
So to put this in perspective if WWI current GOLD reserve ore was put through CMM planned 3mtpa plant @ 90% gold recoveries you would see Gold production of some 316,845oz of GOLD pa = $697million AUD in gross Gold sales and that would last for min x 4yrs
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Cheapest high-grade JORC GOLD on the ASX !!!!
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