WWI 7.69% 1.4¢ west wits mining limited

biggest gold mine in the world next door..

  1. 5,609 Posts.
    i keep trying to make this obvious, but central rand gold holds all the ground inside WWI and its historically produced over 61m oz of gold over the last 110 years. The gold is still there in a big way [hence its $750m market cap on London] and the modern mining methods makes it a 'new exploration' play imo. WWI has all the ground that surrounds these leases and its produced a truck load of gold and uranium. How long would it take for the big guys next door to decide to take WWI out at this tiny market cap? They could secure 100% of the old gold belt for nicks. The board of Central Rand has ex Guys from BHP, Xstrata, and Goldman Sachs. Central Rand simply needs to drill and hit results in their current program and this stock will follow suit. Hard to find a stock that really requires us to do so little for such a potential reward. Do some research or just watch it happen imo. The stock was floated at 20c and closed at 25.5c on day one. There are around 5 floats a day at the moment and most of them are under water. This would have gone a lot harder in a better market and maybe its just warming up. Don't want to sound to rampy here, but its got something to talk about. dyor.
 
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Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $35.53M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $7.514K 552.7K

Buyers (Bids)

No. Vol. Price($)
19 10413601 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 2463385 3
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Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
1.4¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
1.4¢ 1.4¢ 1.4¢ 170000
Last updated 13.15pm 31/05/2024 ?
WWI (ASX) Chart
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