WWI 13.0% 1.3¢ west wits mining limited

Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-614

  1. 796 Posts.
    lightbulb Created with Sketch. 318
    that’s the most likely outcome as well. Think of it from the top 3-4 holders pov.

    Wingfield @Skell - 202m soi (1.3c avg)

    Tony Stella - 67m soi (avg unknown, but he has added bulk of these in the last 3 yrs, look at top 20 lists over time & can see clear increases, 17m soi added in last 12 months alone).

    MQ - 45m soi (his avg won’t be great either given haw been buying for yrs & added decent chunk last 3 yrs at 2c)

    There’s UOBKH A/c that holds > 50m soi. Unsure who that is.

    For an illiquid stock, how do these majors get their $ back (let alone a good roi)? Finance followed by production & maybe a couple qtrs of revenue to give time so it can be drilled further to increase resource & also convert U to jorc standard (unless a JV prior) before it’s a TO target

    have been wrong on it before when we expected it to happen in 2021 post MR, hard to know what the future holds. Top 40 own a good chunk, lets see how this unfolds.




 
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