WWI 0.00% 1.6¢ west wits mining limited

Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-93

  1. 3,626 Posts.
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    Thanks for that advice NG but if WWI hasnt moved by late Oct it's probably time for me anyway. Had I simply sat on NVX or backed E25 I would be several million better off. Not whingeing , thats the breaks in this game.
    The only way I see to get some real value out of WWI now is for a buy out which will in part value the 12m oz potential. Sibanye or Harmony.
    With a NPV of 205m for Qala shallows and they are 40% of the project and most of the rest will be deeper then the best NPV we can hope for is around 400m and that is over a year away IMO. The market is currently shy on matching NPV anyway so as things stand a buyout at 20c would be welcome for me now and if it happens it's likely before end of October.
 
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