Based on current WWR share price, up massively of recent times (the figures, number of shares, pre and post consolidation, were given to me by the company)
Interestingly, I asked some more detail on Vburg. The continuation of the high grade zones is significant as this will increase the level of M and I resource that is mineable. this is why pre feas may need to be reworked to include these. Even better is that drilling is continuing in the high grade extensions
Modder East drilling looks like reefs are bigger than initially thought, may also result in increased reserves, which will inturn impact NPV and mine life.
Even if Bee excerise, the ownership will be paid through proportional cashflow so the revenue will be going fully to GDO until well after Vburg is up and running
GDO Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
