WWI 0.00% 1.3¢ west wits mining limited

Ann: West Wits Completes $1.4M Placement, page-20

  1. 289 Posts.
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    You are spot on with your timings; 2 mths of prep and 8mths of stockpiling is 10 mths (reported). With current estimates on finance that would put WWI at a min of May 25.

    The SP is the SP (due to CR) but I will say that the ‘in production’ WWI value is greater than the NOT in production WWI value. And that the max value can be reach from Day 1 of production. So it is simple for me, get into production. I also accumulate in this SP region (DYOR)

    Forward guidance is not just about revenue but about cost, particularly in the first 2-5 years of launch ramp and debtors and shareholders alike will be keen to see proper mgmt.
 
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