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.
Ann: West Wits Completes $1.4M Placement, page-20
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $29.18M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $25.98K | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2779480 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 366999 | 3 |
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| Last trade - 14.14pm 27/06/2024 (20 minute delay) ? |
| WWI (ASX) Chart |