OGM doesn't understand the financing.
- WWI Require US$54M (US$44M if gold is at $2200) as per the DFS
So, let's work with US$44M. Finance will cover 50% to 60% of the funds required. Let's work with 50% to be conservative, so that leaves only US$22M left. MQ wants to minimize share holder dilution after all he has 40M shares himself and was talking about a bridging loan. I wouldn't be surprised if the whole US$54M gets financed.
With an ASIC under US$1000 with gold at $2500 this is a no brainer
I wouldn't be surprised if WWI get the whole US$54M financed.
Ann: West Wits Completes $1,500,000 Capital Raising, page-20
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Last
2.8¢ |
Change
0.003(12.0%) |
Mkt cap ! $92.57M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.9¢ | 2.5¢ | $568.3K | 20.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1355446 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1535000 | 3 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| WWI (ASX) Chart |