WWI 5.88% 1.6¢ west wits mining limited

BIG GOLD MINE, page-431

  1. 1,291 Posts.
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    A few red days and a broker selling seems to make people forget the deposit and gold production metrics. It is quite interesting to see what a dip can do to confidence, as well as some regular posters repeating the same tired commentary over and over again.

    If explorers with 1/4 of the gold can be worth more than WWI, or producers that will be producing less annually from a smaller deposit, than WWI will recover and I am sure when it does it will catch a few people out. Although different companies, CXO's recent positive DFS can show what good financial metrics and prospects can do for a companies SP.

    Either way, we are in oversold territory, and either in the lead up to the release of the production plan/DFS or post-releases we will see a boost in the SP, given the current MC of $85mil is nowhere near fair value for a near-term producer of 60,000 ounces.



 
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Last
1.6¢
Change
-0.001(5.88%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.6¢ 1.6¢ 1.6¢ $11.71K 733.9K

Buyers (Bids)

No. Vol. Price($)
6 1425524 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 50148 3
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Last trade - 15.22pm 15/07/2024 (20 minute delay) ?
WWI (ASX) Chart
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