WWI west wits mining limited

Ann: Quarterly Activities and Cash Flow Reports, page-62

  1. 3,935 Posts.
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    If you insist on referring to me I'll insist you solve the riddle of the $90m project cost.

    "This senior funding will contribute approximately 55% of the total project costs, with the remaining 45% to be covered by equity and early revenues".

    $50m = 55%
    ? = 45%

    WWI could do a streaming deal and sell gold at a discount. Or they could bring in a cornerstone investor and dilute the company with extra shares which caps their future upside. There are pro's and cons of each method obviously. I'm happy to let WWI work it out as both would result in us getting into production.

    I'm free to post my opinions on a public forum just as others post. No-one is deferring to you as the forum "leader" with your "extensive" 20 years experience in mining and finance when you can't even get basic details from the DFS right and make things up as you go. But all good you're certainly welcome to your opinion perhaps just present it less arrogantly until you get the basics right.
 
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