WWI 6.25% 1.5¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-53

  1. 4,662 Posts.
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    "consolidation is coming before 1 Gram gold is produced.. SP will be bumpy ride from now to 2021 November."


    ... while always possible, highly doubt that ... why to a 10-1 or 5-1 now ...?

    ... WWI has around 1.2 B on issue and seems to have no issue with recent CR's and maybe with Wingfield etc may have important access to capital markets.

    "ASX Announcement (ASX: WWI)
    Friday 14th August 2020
    West Wits Completes Placement
    WWI receives firm commitments from existing and new sophisticated investors to raise $3.4 m at $0.021 per share via a Placement with bids received over double the target amount"

    ... nice moves by the WWI BOD imo ...

    ... may pay you to remember that WWI has already 'produced' gold from the project.
    Last edited by Linebacker11: 01/11/20
 
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