WWI 5.88% 1.6¢ west wits mining limited

Ann: Mining Right Granted at Witwatersrand Basin Project, page-167

  1. 1,291 Posts.
    lightbulb Created with Sketch. 1314
    Lol - as is saying that a miner would be hoping to get 1/4 of the gold out of their mine. If that is not ridiculous and unsubstantiated..

    but sure if you think WWI will mine for 20 years and only take out 600,000 ounces and leave nearly 4mil ounces in the ground when they pack up and leave, then continue in your merry ways.

    Assuming that the DFS will show updated production over the 20 year mine life is not ramping, it is calculated and likely correct. Moreso than a post saying the company will leave near 4mil ounces in the ground and be happy to do so.

    The DFS will show in any event will prove ultimately the numbers and guidance.
    Last edited by LJohn: 20/07/21
 
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