Ann: Quarterly Activities and Cash Flow Reports, page-82

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30/04/25

15:22

Post #: 78863500
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Originally posted by TrendTracker: ↑

This is is simply maths. I didn't write the announcement - WWI did. If you want to argue take it up with them:

"...approximately 55% of all project funding for Qala Shallows gold mine. The IDC will provide an amount of up
to ZAR 465 million with Absa providing the balance. The remaining 45% of project costs will be funded through equity and early revenues".

The estimated project costs are $90m based on the above statement. The funding is 55% debt, likely cornerstone investor and early revenue. It really isn't all that complicated.

Now if you don't believe in using equations to find total numbers go look through the DFS. Apparently you have 20 years in mining and finance yet you seemingly think a companies DFS wouldn't include the total project costs? Scarcely believable.

Expand

So you cant show it from WWI anywhere from last 5 years.

It is a made up lie.

Ring MQ and he will confirm it himself.

WWI Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $63.45M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$16.78K	839.4K

Buyers (Bids)

No.	Vol.	Price($)
9	1906306	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	1100310	5

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No.	Vol.	Price($)
10	2064200	0.019
15	4424443	0.018
11	5659089	0.017
7	2394545	0.016
7	2919263	0.015

Price($)	Vol.	No.
0.020	1000310	4
0.021	6654053	8
0.022	9037365	6
0.023	2230366	4
0.024	1401091	2

Last trade - 09.59am 24/06/2025 (20 minute delay)

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Ann: Quarterly Activities and Cash Flow Reports, page-82

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