That is old news and not true at all of the current environment.
https://www.cruxinvestor.com/posts/western-nations-boost-investment-in-african-mining-projects
https://www.usip.org/publications/2024/02/thomas-sheehy-us-investment-africas-critical-minerals-infrastructure
https://www.africanmining.co.za/2024/03/01/saudi-arabia-investing-in-african-mining/
This isn’t an African issue, it’s a gold mining finance issue. Many local miners are also struggling to raise. All them have taken a bit of a whack over the last 3 weeks. But this is why some news is so critically important, otherwise theyll be trying to raise again below 1 cent, which would be a big blow for the SP
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $63.45M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $293.4K | 14.85M |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1600416 | 1.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| WWI (ASX) Chart |