WWI 6.25% 1.5¢ west wits mining limited

Ann: West Wits Completes $1,500,000 Capital Raising, page-10

  1. 1,185 Posts.
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    So let’s get this clear

    Record gold prices
    Apparent finance terms to be agreed soon
    Infrastructure built on site
    Weeks to production even if its pitiful grade

    Capraise today with a 2c ‘ceiling’ for the next 15 months

    And the share price either stationary or falling? Why is it only the holders here that can see the yellow brick road?

    Could it be that the mother of all cap raises required to fill the final +$40M of funding pie will demolish the share price?

    Easy to see why the stock is in the red again.

    Another 50,000,000 shares on to the register with another 2Billion more to come if you take the same exchange

    That will make it 5B SOI. Can you now do your sums?
 
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