WWI 3.33% 1.5¢ west wits mining limited

Thought its pretty amazing news, yet no reaction sp wise Lets...

  1. 727 Posts.
    lightbulb Created with Sketch. 3
    Thought its pretty amazing news, yet no reaction sp wise

    Lets look at the maths
    15,000 ton of ore /mth @ >2gpt is approx. 964 oz/mth
    964 x $1625 = $1,566,500 in gold /mth
    WWI share at worst case, absolute worst case will be 0.5gpt or 1/4 of outputs
    So 1/4 of 1,566,500= $391625 free cash/profit per mth
    391k x 12= *$4.7 million free cash flow/profit p.a

    All this for company with 1.3mill oz jorc resource, a MC of $8.2 mill
    PLUS
    Elephant country in Indo
    No Debt

    Still believe this company WWI is about to start to deliver in spades
 
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.001(3.33%)
Mkt cap ! $36.85M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $12.02K 803.1K

Buyers (Bids)

No. Vol. Price($)
6 3343571 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 414345 2
View Market Depth
Last trade - 13.57pm 26/07/2024 (20 minute delay) ?
WWI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.