South africa major gold producers, cashed up with all time high revenues, are racing to acquire more gold projects.
Gold fields just announced acquisition of YAMANA project.
Sibanye and Asante are in discussions to merge.
Harmony last financial report highlighted low gold inventory at
Doornknop gold mine and the need to expand it to bring in additional resources to extend the life of its project. SO HARMONY IS KNOWN to add lives to its projects by acquiring neighbours projects. WEST WITS PROJECT is 10km away, HOW CONVENIENT! OVER 12MILLION OUNCES ON harmony door step!
My gut feeling tells me we won't make it to production, because harmony or sibanye will acquire our projects, the fun part if you have more one than interested parties competing for our OVER 12million ounces of gold.
And THIS MAY UNFOLD UNEXPECTEDLY
.
South africa major gold producers, cashed up with all time high...
Add WWI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $17.95K | 1.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1594709 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |