WWI

7.14%

1.5¢ west wits mining limited

Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-91

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tigere

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111

02/09/21

12:02

Post #: 55777903
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Originally posted by nikunjsahani: ↑

exactly how I’d view this as well.

So in last 12 months we’ve

1) Jorc to 2012 standard 3.55moz at > 3g/t ✅
2) EA Appeals quashed ✅
3) MR granted ✅
4) Cash raised at 6c for $7m (prev was 2.2c) ✅
5) DFS for qala shallows ✅

we’ve gone from a HIGH RISK SPEC at 1.5c to above 5 ✅ de risking the project & become a near term producer at > 300% sp increase in the meantime. There are many stocks that dilute at lower sp every 12 months lol. We’re in a good shape atm.

What next as catalysts over next 12 months?
1) Funding confirmation (they said Sep but lets say Oct given)
2) DFS for other areas
3) Prospecting rights for the neighbouring area
4) Updating Jorc to claw back towards 4moz & higher
5) Early production updates - Toll partners, contractors signed, JV potentially.

As of now we’re looking at $50m input for a $39m profit over 10 years steady state.

Increase annual production with stage 2-3 DFS
Will help increase NPV
Add on potential for PoG to be > 1960 setting up a massive sector momentum swing & will see where sp is in another year.

In some sense, weather this is capping atm for a TO or ppl dissppointed expecting 10c on news, we’re seeing a clearing up of the register which is good.

Expand

I find it interesting that the NPV for Shallows is more than market cap of WWI....plus that NPV is for 40% of WBP.

WWI Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.5¢		Change 0.001(7.14%)		Mkt cap ! $38.14M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.4¢	$42.63K	2.851M

Buyers (Bids)

No.	Vol.	Price($)
1	166665	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	580882	6

View Market Depth

No.	Vol.	Price($)
1	166665	0.015
11	5614488	0.014
5	1424856	0.013
5	2537223	0.012
6	259033	0.011

Price($)	Vol.	No.
0.016	580882	6
0.017	3332861	5
0.018	3062560	7
0.020	1760000	3
0.022	100000	1

Last trade - 16.10pm 18/10/2024 (20 minute delay)

WWI (ASX) Chart

Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-91

ASX Market Open: ASX set for red Friday after flat night in Wall Street | 18 Oct

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Macro and Norden set up transport solutions initiative for West Pilbara

Telix Pharmaceuticals' quarterly revenue exceeds AU$200M

Tryptamine psilocin treatment found safe in IV infusion during early stage trial

Thunderbird picks up plethora of uranium targets based on EM survey in Canada

Yancoal Australia reports strong Q3 financials

Thousands eye Star on HotCopper, SkyCity in strife – are ASX casino stocks safe anymore?

Talga Group wins key permit for flagship graphite mine in Sweden

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Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-91

Top Stories

ASX Market Open: ASX set for red Friday after flat night in Wall Street | 18 Oct

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Macro and Norden set up transport solutions initiative for West Pilbara

Telix Pharmaceuticals' quarterly revenue exceeds AU$200M

Tryptamine psilocin treatment found safe in IV infusion during early stage trial

Thunderbird picks up plethora of uranium targets based on EM survey in Canada

Yancoal Australia reports strong Q3 financials

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Talga Group wins key permit for flagship graphite mine in Sweden

Featured News

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Sellers (Offers)

Featured News