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1.4¢ west wits mining limited

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Oldgoldminer1

1,233 Posts.

217

02/05/23

07:39

Post #: 67555037
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Originally posted by In Da Hood: ↑

I guess you either take them at their word or not. They are saying mining by Q2.

The early mining initiative from memory had nothing to do with Sibanye they had some third party to do toll whilst a long term agreement was struck. By the sounds of it they never got past moving around or revamping the underground workings before the pin got pulled by Jac's for reasons only known to himself and MQ I assume.

We've had the toll treatment since October last year was my understanding. So finance has only seriously been in play since that agreement. If they've agreed to toll treat 15000 tons a month by December this year with Sibanye they have to stick to that agreement. Which means pretty soon they are racing a clock.

tic tok

What else have we got cooking this Project 200 is getting closer to being announced mid year at least conceptually not a DFS yet is my understanding.

I'm wondering how long or if they need to drill
anymore holes before they can announce a desktop review of their Uranium JORC as well...

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WWI Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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