WWI 7.69% 1.2¢ west wits mining limited

Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-509

  1. 292 Posts.
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    Did some very low level tech analysis of WWI (DYOR & TINFA)

    Between 7.2c to 7.8c per WWI share (I'm not a tech expert by any stretch) is IMO the final resistance until it's off to the races for WWI shares. Maybe a little resistance at about 9.4c but I see this as more as the (very low) baseline support of WWI's production value.

    There are probably 2 or 3 key resistance lines up to 7.2-7.8 cents ps but once again IMO, I see these in a different light because GP wasn't +$2400.

    Most of the DFS is at a GP of $2200 as seen below

    https://hotcopper.com.au/data/attachments/6189/6189833-dd5ac79ed7884c4fc574c03270470eb7.jpg

    At +2400 the operating margin could be as high as +70-75% which bodes well for the big end of town to invest in WWI and for WWI to pay down it's debt, gain sovereignty and move onto phase 2 operations.

    Bring it home Mr Chairman.
 
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