WWI 0.00% 1.5¢ west wits mining limited

Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-75

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    This is a good DFS but it isn't the DFS stage of a project that sets the SP alight.
    Below is the Capricorn SP charted with key milestones.
    It's not the DFS but the financing that turns the SP into a multi bagger.
    Finance derisks a project whereas a DFS does not.
    The great news here is that WWI needs just $50 not $170m like CMM
    That Capex is very easy t raise and from then on the SP will multi bag.

    https://hotcopper.com.au/data/attachments/3537/3537064-63abb1760fb445883f7cc3951436d537.jpg


 
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