WWI 13.3% 1.7¢ west wits mining limited

Ann: Quarterly Activity Report, page-3

  1. 108 Posts.
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    'All surface infrastructure design, geotechnical engineering, underground excavation and infrastructure, equipment requirements and bulk engineering supply were completed during this period'

    'Quotes were received during the reporting period from transport, mining and civil engineering contractors for cost inputs for the DFS and execution of the project'.

    'Engagement with proposed principal contractors is now accelerating, focusing on the early works and the DFS scope of work'.

    'This security of tenure also provides the company with the necessary platform and credentials to seriously negotiate and finalise agreements with key third parties including mining and transport contractors, treatment plants and potential debt financers. Now that the mining right has been granted these discussions are progressing quickly with a range of parties'.

    '... gives the company a high level of confidence it is now well placed to secure its funding requirements short term.'

    All for a market cap of $90 mil, many announcements to come, things will be moving quickly over the coming months.
 
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