WWI 0.00% 1.3¢ west wits mining limited

Ann: Ground EM Survey Confirm High-Priority Targets at Mt Cecelia, page-30

  1. 441 Posts.
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    Ok so if the end game is to sell wouldn't you make that asset as valuable as possible? That means getting into production in the shallows. Nothing else adds value to WWI right now. So every minute that Jac who site in South Africa spends reading survey results means he is not focusing on developing Witwatersrand. Every minute he is on the phone to subbies, filling out applications and reports on WA means he is not focused on Witwatersrand.

    There are so so many companies out in WA drilling for the same resource.

    They have a proven resource, with a Env Approval
    & Mining Approval, DFS. Why on earth they would be spreading such thin resources is just madness.

    The EL in WA will be for 5 years. They can go there when they have a finance and a mining contractor sinking the decline to the Qala Shallows. The rest is an unwanted distraction.
 
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