WWI 0.00% 1.5¢ west wits mining limited

Ann: West Wits Completes $1,500,000 Capital Raising, page-15

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  1. 1,233 Posts.
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    The bigger and more important question is how much equity has to be given to IDC and potential investors in the remaining $40m

    Youll give streaming to the banks, and their is a massive chunk of equity to get the finance.

    50,000,000 for $1.5m yesterday @2c

    So what will $40m equate?
    No details about IDC, but they havent given a loan yet under 10% along with equity

    Surely you can see why the market wants nothing to do with this?
    Surely with less than 4 weeks it would have to see significant growth if it were positive numbers.

    2c is very clearly the new best case scenario
 
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