WWI 3.33% 1.5¢ west wits mining limited

Ann: West Wits Investor Presentation, page-87

  1. 1,129 Posts.
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    You and the pump crew are the only numbats that Are amazed by those numbers.

    You can have $2k an ounce, same AISC as the DFS and the best exchange rate you can find; keep all those but you still don't seem to understand the terms of finance that Winfield has released and have yet to see from IDC.
    You're like in a dream world where you don't account for any of the real cost of finance.

    Why do you think in these incredible conditions with record gold prices and a company that can apparently have gold ready in 3 months, even though it couldn't manage something 5 times smaller, that this thing isn't going off its head? Like surely all of us must be wrong? But if so, where is even the smallest market support for the company? And if it is so good, why has one large party been dumping like crazy over the last month?

    None of you seem to answer those simple questions. When a stock is hot or has close potential, it moves up, this thing goes the other way. Now why would that be?

    The good news though is that the SA Foreign Minister was in a meeting with his Iranian counterpart over the weekend. That is how much of a tin pot regime SA has become. Maybe the Ayatollah will be the next new investor instead of filling Hamas full of shite.


 
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