I don't think IDC's loan to west wits will be a convertible note it would've been mentioned.
I'd like to think the project can get going with just the IDC and Wingfield funding for starters that's $25.9m usd, they've also got options now that can raise $USD $10m plus as well. Plus they have that standby facility where they can issue shares for debt what was it $75m.
Ideally and I thought I read in the announcement it reads as if once IDC and Wingfield sign off they are mobilising.
Why borrow more money now when you have standby option and credit arrangements albeit with dilution that can get you out of a bind. To my mind they will be able to self fund the remaining $28.1m as they go on a rising share price.
- Forums
- ASX - By Stock
- Ann: West Wits Investor Presentation
WWI
west wits mining limited
Add to My Watchlist
4.55%
!
2.1¢

I don't think IDC's loan to west wits will be a...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $69.08M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $94.51K | 4.497M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 83637 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 2794810 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 7729371 | 0.020 |
17 | 4839210 | 0.019 |
11 | 4912828 | 0.018 |
13 | 4857912 | 0.017 |
4 | 2555000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 2662324 | 4 |
0.023 | 3431409 | 6 |
0.024 | 1401091 | 2 |
0.025 | 1900000 | 3 |
0.026 | 1300000 | 3 |
Last trade - 16.11pm 04/07/2025 (20 minute delay) ? |
Featured News
WWI (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online