WWI 13.3% 1.7¢ west wits mining limited

6-8 weeks, page-9

  1. 3,028 Posts.
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    I was told, won't confirm or deny who it was but let's say it was as credible as you can get, trust me.
    I then asked why we don't play by the same rules which from memory drew a blank , I just don't understand why they would want to take the slow path when the illegals have proved what can be done with a " just do it " attitude in a country where it is the norm to grease the wheels of bureaucracy.
    we have already devoured $6.225 million out of $9.0 million from our s.a asset sale and have an airstrip and alluvial circuit to show for nearly three years on site, sooner or later the penny has to drop and the board will ask how did it go so wrong, and that moment will probably come when the $9.0 million has gone and we still don't have a mining operation running at derewo.
    I hope I'm wrong on what could happen in the near future navygulf but if we have to raise capital later in the year and still don't have an alluvial operation at derewo I fear a slaughter.

    regards timmo
 
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