This statement becomes more relevant if it's turning the corner
'Due to the short lead times (if they achieve them) I see no difference between the 2, landing somewhere between 15-33c ps if the GP maintains above $2300. That’s a $800-$1Bn MCap depending on SOI at a PE 1 of the current Qala project. If there’s a Gold run in the period above $3k then closer to 30c ps. TINFA. The main factors are GP, SOI and milestone achievement.
If they produce a DFS for Central Bird Reef and or DD the PR to achieve a mining right in the 9mths post cap raise or any extension beyond the Qala DFS, then above 33c to the new earnings mark plus the multiplier of up to a PE of 5, and that’s where the real gains will be in the PE multiple. But the market will need to know the numbers first. DYOR
A long time getting to this point, frustrated at the end of last year but WWI looks like it’s turning the corner and could be the ASX darling in 2025 and beyond DYOR.'
WWI Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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