WWI west wits mining limited

Ann: WBP Global MRE Increases with New Prospecting Right, page-36

  1. 737 Posts.
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    About 2 mths ago when I thought we were getting the announcement before Christmas I called it the 1 - 2 punch combo but now with no Fin news until say early Feb-25, IMHO it is great news and this is still relevant when the Fin announcement comes through, in fact it should assist the Fin decision makers to make the call.

    Look at all the overlap for Qala

    https://hotcopper.com.au/data/attachments/6680/6680437-249fd77cba5b8080ccc3171ebafc3850.jpg

    This could be the 'upside' to Qala production creating more DCF during the Qala project. Disc Rate 9.3% (RoE 10%, RoD 12%, TR 27%)

    https://hotcopper.com.au/data/attachments/6680/6680442-77d9da162f15660f879b6c149bfe544c.jpg

    A significant amount of DCF could be pulled forward with this Qala extension, Av Gold Sales Price at $2300 (Q3 it was $2474) to make up for any adjustments in ASIC $1000 USd - Net - $1300 USD

    $783M USD / 3.2Bn SOI equals $0.25c per share AUD ish if you allow the exchange rate to cancel out the BEE, even though the exchange rate is larger. That's a PE of 1, with the right tailwinds thing is going crazy. DYOR

    https://hotcopper.com.au/data/attachments/6680/6680451-c8318b5d6a8844e9ac4707e994e312cc.jpg

    As for Old mate playing whack a mole today, they clearly entered after I mentioned 1.4c... good luck to you... I'm happy if you hand all of your position at 1.4c and I'll sell it back to you gladly at 30c, which will still be a great deal!!!!

    Have a good night all.

 
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