wouldn’t rule that out.
Am unsure how much further infill will be needed to double the reserves to 590k oz & how far would 2.5m go towards it. “If” they do get to 500k oz & higher, it does significantly increase potential valuation if/when there’s an asset/company sale.
two things probable, a) will prob see the sp stuck till mid march to encourage ppl buying via spp vs on market & b) good updates from late march onwards likely to be used for exit vol by many esp given the low 1.4c base now (if it holds).
Ann: WWI raises $1.5 million in placement and launches SPP, page-5
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