WWI 13.0% 1.3¢ west wits mining limited

yes I contacted the company about it after finding historical...

  1. 89 Posts.
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    yes I contacted the company about it after finding historical records of the area from the 1970s.
    investor relations told me they had no intention of mining uranium because of the different equipment needed.
    this equipment btw can be expensive, tho there are a few ways of doing it apparently.
    the other issue is AISC of uranium. in the USA it's around the $60per pound mark I think (don't quote me on that)
    in SA perhaps it's cheaper. being close to a major city would definitely be a plus.
    I think the price of uranium would have to be $100+ to be really viable it would seem?
    but who knows, it's been higher before.
    dyor gltah
 
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