WWI 6.67% 1.4¢ west wits mining limited

Ann: WWI Investor Presentation & ********* Webinar Invitation, page-72

  1. 797 Posts.
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    tso at > $55m mcap currently being sued by jv partner & have a 660oz maiden mre at .3g/t cut off! (they’l prob get to > 1 moz shortly but thats not the point).

    Lcl 85m mcap currently with some big hits indeed but question marks over open pit in jurisdiction.
    nothing against both, quite like those projects actually & been in & out a few times.

    NCM, NST, RRL etc all printing $ but 50% of recent highs…sector sentiment > Fa is what’s been my learning.

    nywayw comparing wwi with those two specs with current mcap at half way between the two with 6x jorc compliant with better grades, proven reserves, all the permits etc granted & dfs done with $204m aud pre tax NPV (just from 40% of their jorc).

    so that’s a nice 300% rough from current sp “over time” & no one knows when ofcourse. Thats a nice 13-13.5c mark (getting those oppies in the money to add another $7m in company kitty with whatever additional few mil they can salvage through emi over this period).

    all that from stage 1 (4 more to go & thats if they don’t add any more to extend resource in qala shallows & don’t get the rights to the tenement applied for already & mt cecelia is worthless)… yes yes its 66% of wbp project & listen to how its structured…not free money for bee either…

    to each their own ofcourse, i’m just glad that the 4.3 gap is do with! Hopefully tide turns for gold sentiment and all these names will be flying…yup, many of us missed selling higher to buy back again..those who timed it well, good on you & hope you’re able to continually grow your investments. From how I have been bought up, someone else doing well in life doesn’t take away from my growth & vice versa. Hopefully there’s some $ in here for all be it day trading/swing/investors/trader turned investors/those that lost can recoup elsewhere hopefully.

    be nice to see some good Ta charts or Fa discussions on potential process ahead, etc & be constuctive instead of the constant bikering on he said she said …

 
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