WWI 7.69% 1.4¢ west wits mining limited

Ann: Production on track at Sol Plaatje-WWI.AX, page-3

  1. 2,648 Posts.
    lightbulb Created with Sketch. 432
    So the update looks pretty good.

    I did a rough spreadsheet and calculated that, at current gold price (mid 1200's) and grade (2g/t) , we're sitting right on the $US25/tonne level. At higher grades or gold price you start looking at bonus payments kicking in. In a perfect world (say gold price of $1400 and grades of 3g/t) you start looking at high $40's per tonne. That's not where things are now but that's the potential upside.

    So 6000t/ month gives 150K/ month income at current price and grade.
    14-15000t/ month gives 350K month income (or better).

    That's a good baseline- if for some reason they did do a raise later on it should be for expansionary purposes, not just for survival.
 
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $35.58M
Open High Low Value Volume
1.3¢ 1.5¢ 1.3¢ $35.56K 2.438M

Buyers (Bids)

No. Vol. Price($)
11 2593900 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 958332 1
View Market Depth
Last trade - 11.51am 06/08/2024 (20 minute delay) ?
WWI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.