Could it be the incredible terms you gave Wingfield, or should it be winfalls. Imagine a $15M loan where you get 400,00,000 options at 0.015c worth $6m for 5 years +’the usual interest payments on the principle $15m
Instead of always going on about the resource, the same resource that one of the big miners already walked away from, why don’t one of you look at the potential IDC terms (easy to see what other miners have signed up to) add that to wingfields terms + the other remaining amount - 33% to the BEE partner
Now tell me how good this opportunity is ….,,.,,
Can you see why after 3 years no one will fund it? And in the unlikely event of funding, with all those costs to cover and the pitiful amount that is mined the share price is not going anywhere. That is why you never hear about WWI with the exception of paid advertising or director related spruiking editorials
WWI Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
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