WWI 6.67% 1.4¢ west wits mining limited

with you on this. Am long wwi but realistic expectations. $255m...

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    with you on this. Am long wwi but realistic expectations.

    $255m post tax npv is awesome. Negate usd for 66% hold. That’s about 11c on current soi (about 10.5c diluting options etc).

    Remember this is just for Qala Shallows (which in itself will improve with more in fill drilling)
    + phase 2-3-4
    + bird reef central U & Au

    even if account 0 for Mt Cecelia, all up if qala shallows is 60% of the entire project, then safe assumption we could be valued at 15c for the wbp (subject to further significant changes in either direction of course).

    So about 15c or so would be a guesstimate, even with African discount expecting it to be 12c or so in time.
 
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