WWI 7.69% 1.4¢ west wits mining limited

Ann: WWI Completes $1.2M Placement, page-80

  1. 7,323 Posts.
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    "I would have thought South Africa would have numerous mining contractors given that mining is big in the country."

    True that RSA has a big mining industry.

    But if I read between the lines of what MQ has been saying re: there hasn't been a new gold mine or project restart in Jo'burg for ages and align that with the points Hoody made re: the failed EMI and his experience with 2nd hand gear; I'd say they prefer buying some new equipment rather than risk another failure due to shite/old gear.
 
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