WWI west wits mining limited

Ann: West Wits Completes $1,500,000 Capital Raising, page-68

  1. 530 Posts.
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    OGM it must be nice to live in fantasy land, making up numbers as you please. You are claiming everyone is lying including the chairman. When in fact you're the only one lying.

    Here are the FACTS:

    • 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.

    With an AISC under US$1000 with gold at US$2500 this is a no brainer

    I wouldn't be surprised if WWI get the whole US$54M financed.
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $75.83M
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No. Vol. Price($)
17 7114415 2.2¢
 

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Price($) Vol. No.
2.3¢ 1255433 2
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