WWI 0.00% 1.3¢ west wits mining limited

Just re-reading they are saying this will fund all the DFS. No...

  1. 2,164 Posts.
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    Just re-reading they are saying this will fund all the DFS.

    No more dilution really. Excellent result. $19.3m USD at favourable terms. Must mean majority of working capitals expense i.e mobile equipment, mining contractors etc is in ZAR.

    Unsure about the calls of 10 cents until first gold pour but the ramp is set. Of course funnily enough the OTC and North America market almost get first bite in setting the future price rise given so late in the asx day.

    Let's do the math 15,000 tons per month to start conservative 3 grams per ton. We'll start making at least 1500 ounces a month with a $1000 USD margin roughly very profitable from day 1. $1.5m usd per month and ramp from there and very easy to put 50% of investment into further operational upgrades they aiming for 200k oz plus uranium credits.

    $18m USD basically our market cap at start of today in profit per annum what does linebacker say big 50 year + gold mine
 
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