WWI 0.00% 1.3¢ west wits mining limited

Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-201

  1. 289 Posts.
    lightbulb Created with Sketch. 47
    Just listened to the ASX Next Gold Producer on Commodities and Cocktails.

    Key take homes

    - ASX closest near term producer
    - Knitting the finance package together ha ha ha
    - 4.2Moz JORC
    - Extra mining right DFS to be done
    - Project 200 aspirations
    - Uranium in the Gold Reef
    - SA load shedding is not an issue and possibility of Solar

    Mr Chairman (Michael Quinert) was back to his brilliant blue sky best at blah blah blah. Extremely disappointing.

    When will you start mining - Didn’t say
    Likely hood of Debt approval in 24 - Didn’t say
    When will they pour Gold - Didn’t say

    I unfortunately think this is a puff piece before a CR.

    He did mention that the ASIC will remain the same, we’ll see, and that the Debt burden is about $45 USD at this Gold price.

    Journalist was flirty and flighty and didn’t ask any critical questions






 
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