WWI 6.67% 1.4¢ west wits mining limited

Great interview,Can I say the interviewer was terrible though. I...

  1. 835 Posts.
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    Great interview,

    Can I say the interviewer was terrible though. I found him so hard to follow.

    MQ on fire, and great speaker.

    Looking forward to this;
    - Early Mining Initiative - 8-12 months of Production that isn't modeled.
    - CAPEX 70 Million AUD Tier 1 Finance - 3-4 months to be sorted. Interesting to see how this modelling plays out, early mining initiative could be critical in the debt funding. Imagine $500-$800k in free cashflow. We borrow 60 million AUD and can service 10% interest rates easily with that production. Looking less dilutive!
    - U308 - Bird Reef, Exploration target 12-16 million pounds. Market value - $40 USD per pound $480 - 640 Million. Not a bad AISC reducing credit.

    Imagine if Uranium went to 80-100 USD as it did back in 2008 Then we are looking at over 1 Billion inground value for a secondary resource.



 
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