WWI 0.00% 1.3¢ west wits mining limited

What you get when you have all lawyers and money men running a...

  1. 964 Posts.
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    What you get when you have all lawyers and money men running a mining company.
    No doubt the resource should have been in production and should have benefited from a diversified resource with the Uranium, but these people have messed up, missed out and now blown yet another opportunity that other miners will take.

    The Uranium is the perfect example of them with their 'all over the place like a mad woman's sh*t strategies'

    Phase 1 of Uranium was completed 500 days ago, and since that time the price of Uranium has gone up and up and up, yet only now are they talking about going and doing the required infill drilling to convert the resource, something that will now take at least 4-5 months to completion. How many other companies have gone ahead? How much have they squandered in SP? And how much have they paid themselves to basically progress nothing in that time bar a pathetic toll agreement that requires them to prove they can actually mine (if you're not in mining it is basically a L platers agreement)

    Look at the charts since they released Phase 1? Nothing since until now trying to demerge the assets - they are pathetic

    https://hotcopper.com.au/data/attachments/5902/5902531-21404ac95755d5887077aa1d36ace4e1.jpg

 
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