South African Rand is 17.5 to the USD I think they did the BFS at a spot gold price of $1500 USD and ZAR of 15:1.
So in theory we are looking good $1804 spot gold price and the USD goes further in South Africa today.
If the net present value of $180m USD is ever realised that's $264m Aud. What are we $30m market cap at 1.6 cents. 9 fold return maybe possible...
I haven't been following the WWI thread for some time but I'm assuming everyone thinks the Funding will be at a significant discount to share price but what if they pull off funding or equity plus lending at the $180m USD NPV? One would think a significant re-rate would occur then and / or they did the OTC listing to get some interest from North American gold bugs. Once the train leaves the station maybe they'll climb aboard.
Stranger things have happened I guess... either way Hoody's aboard for the ride.
Detailed Update Following Site Visit of 4.2 Moz GOLD, page-13
Add WWI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $17.95K | 1.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1594709 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |