WWI 7.14% 1.5¢ west wits mining limited

Ann: WBP's Global MRE Expands 724,000oz to 4.28Moz at 4.58g/t Au, page-77

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    There are different forms of lending, convertible notes, tier 1 & 2 lending, farm in, not to mention at the end they still have capacity to raise capital via shares. Of course the best way to raise funds is via Tier 1 lending where interest rates are much cheaper than Tier 2 and I hate convertible notes if to many conditions attached. To attract Tier 1 lending they would need to progress and finalise DFS on all the other project areas. This will take time so we need to be very patient or we will end up with a form of lending none of us like.
    Last edited by NavyGulf: 03/12/21
 
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