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 $2200 as seen below
At +2400 the operating margin could be as high as +70-75% which bodes well for the big end of town to invest in WWI and for WWI to pay down it's debt, gain sovereignty and move onto phase 2 operations.
Bring it home Mr Chairman.
Did some very low level tech analysis of WWI (DYOR &...
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1.5¢ |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 8 | 4861030 | 1.4¢ |
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| Price($) | Vol. | No. |
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| WWI (ASX) Chart |