WWI 7.14% 1.5¢ west wits mining limited

Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-592

  1. 797 Posts.
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    @harold

    Wingfield have invested circa $2.5m aud for their current stake at about 1.3c avg

    MQ himself has added $200k in the last 3yrs at about 2c avg (rights issue at 3, CR at 1.4 & on market purchases 1.3-1.9)

    Importantly, none of them sold their stakes with plenty opportunity (1st during the run up to 14c & then from 3-5.2c), that should give an indication of (at least the latter 5.2) being well below what this will be worth in time.

    hopefully post elections, IDC can fast track the $16m due dil & that’ll help other potentials.

 
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