Australia's largest stock trading and investment forum Australia's #1 stock forum

WWI

Click for more information

7.14%

1.5¢ west wits mining limited

We need to have this as MQ stated in the webinar, since IDC...

First 15 Last

Share
Profile

Follow
Pennyhaul

2,839 Posts.

532

07/08/23

15:44

Post #: 69205028
Share

Originally posted by LJohn: ↑

Good update, albeit somewhat strange timing release and not much new information. Sets out well the target to be producing early next year making $22mil per month, or $270mil per year. With AISC at $977 that will mean profit of around $78m-$90m per year and pay-back of debt within 2 - 2.5 years.

New part was Rio Tinto have started diamond drilling at SGC_1 and results should be within the next month or so. If we strike gold in Aus, that could be a gamechanger.

The timing of investor presentation and full provision of all the extra information than usual still strikes me as strange. Is it for another CR, IDC DD or M&A? AFR noted a lot more M&A is set to occur in goldies this year, and with all the big SA gold miners lined up in that area, I struggle to see this getting to production without a buy-out coming first...

Expand

We need to have this as MQ stated in the webinar, since IDC interest came in for the funding, various new parties started to approach us. With more players coming in, the better the deal. And we should aim for getting what would give us the best outcome as stated again by MQ.

WWI Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
8 Upvote

1 Great analysis

Reply

Top Stories

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

MKT

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

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

SWP

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

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

What's causing the cost-of-living crisis, and how to navigate it

There are more pages in this discussion • 59 more messages in this thread...

First 15 Last

Add WWI (ASX) to my watchlist

(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	3032837	4
0.018	962560	5
0.020	1760000	3
0.022	100000	1

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

WWI (ASX) Chart