You continue to throw up stupid comparisons
I cannot help it if you cannot understand the difference between mines that have their processing capability or are part of a company that has those capabilities that allow them to offset costs.
The 2 Australian examples in your earlier post could not have been more stupid, 1 gets massive offset from copper and the other is the lowest cost gold miner in the southern hemisphere.
What you miss about WWI is that it is ultra-low grade, it is a stand-alone mine for the company, it will not process any of the ore on site, or in its own mill, and it takes 4 years to get up to full production and payback. Surely you can see why it cannot attract any money and the share price sits at 1c
Yes, there are much deeper, but their grades smash WWI and their AISC is comparable so it is a no brainer
400% better grades
If WWI was so good, please explain why it cannot raise such a small amount of money when it already sits on ore ready to go mining tomorrow?????
- Forums
- ASX - By Stock
- WWI
- THE 4 MILLION OUNCE BET
THE 4 MILLION OUNCE BET, page-10325
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WWI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $35.58M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $15.02K | 1.053M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4814230 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 1970424 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4814230 | 0.014 |
5 | 1390000 | 0.013 |
3 | 3266333 | 0.012 |
11 | 2625922 | 0.011 |
15 | 4244000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 1970424 | 3 |
0.016 | 300000 | 1 |
0.017 | 1693052 | 9 |
0.018 | 1483827 | 4 |
0.019 | 833001 | 3 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
WWI (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online