WWI 14.3% 1.2¢ west wits mining limited

Ann: Quarterly Activities and Cash Flow Reports, page-64

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  1. 4,706 Posts.
    lightbulb Created with Sketch. 874
    eah just keep burning through the raised cash with the wrong equipment, it doesn’t matter!"

    ... Drag ... in 24 hrs you've posted >10 posts on a stock you do not hold and with at best a 'creative' play on the Quarterly.

    From the WWI Quarterly -
    - "The current rental mining fleet is at present underperforming"
    - "cash position with A$5.6m cash in hand as at 31 March 2022"

    ... where does the quarterly state WBP operations were running 'wrong equipment' ? ... example [read slow Drag] - if a unit is out of service for 6 of a 12 hour shift and these type maintenance issues continue within a small fleet, then this maybe deemed 'underperforming' ... applying 'wrong equipment' to 'underperforming' is entering the realm of Pennyhaul ... you thread-pests just can't help yourselves, what's next a streaming deal @ 1750 months ago ? ...

    ... WWI maybe rolling into a WBP funding arrangement this quarter and commencing the quarter with 5.6m on hand doesn't look too bad imo [throw in whatever numbers the WBPEMI may release] ... of course nothing can be guaranteed and let's see what the market makes of WWI this 2nd Q ... last sessions volume on a quarterly was surprising imo, when considering recent performance.

    From the WWI Quarterly - "The delivery of the first ore signals a major milestone for WWI as the Company progresses development of the newest gold mine to come online in South Africa, at a time when gold is trading at historic high prices."

    ... "newest gold mine to come online in South Africa !"
    ... I like it ...


    ... WWI maybe the biggest gold bet on the ASX.
    Last edited by Linebacker11: 30/04/22
 
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Last
1.2¢
Change
-0.002(14.3%)
Mkt cap ! $30.51M
Open High Low Value Volume
1.4¢ 1.4¢ 1.2¢ $27.33K 2.109M

Buyers (Bids)

No. Vol. Price($)
15 4737266 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 674741 2
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Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
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