For the purpose of understanding where WWI currently sits in the...

For the purpose of understanding where WWI currently sits in the market, I have gathered data from a few ASX gold explorers/developers and tabulated them as follows:



A few points from me:

• In terms of resource, WWI is definitely undervalued with that much in Measured category. Especially when I compare WWI to AUT or NVA, I realise how cheap we are. (I used to hold AUT but cashed out at 20c and pumped all into WWI )
• In terms of progress to mining, WWI is quite advanced compare to peers. However, if we compare WWI to BDC (DFS released on 29/3/2021 - production 136k pa at AISC of A$1188), the current MC suddenly makes sense.
• Sovereign risk is significant. Both WWI and TGM have massive resource but are priced far less than peers in Canada. PDI is being an exception (being hyped imo).

Everything about WWI near term production seems vague at the moment. IMO, to stop the bloodbath and regain uptrend momentum, the management needs to show the market detailed plans on how they want take WWI to production asap (if they actually plan to). I also hope they can deliver it on time by the end of August with some juicy numbers. If all that happens, we should see 8c again shortly. For now, don't bother looking at the SP.

GLTAH.