WWI 0.00% 1.5¢ west wits mining limited

https://www..com/article/2021/11/17/west-wits-about-to-begin-gold-production.html, page-33

  1. 2,528 Posts.
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    You make some good points but keep in mind the delay of the mining permit held things up. Even without a plant it would have take at least six months to plan, award mining contracts, mobilise and then start work. First ore is to start being crushed in February I believe with first gold pour in April. Yes I agree a large amount of Sophs felt compelled to average down this time around but still, they could have dumped that money elsewhere to manage their portfolio risk. I believe debt finance will be around February but that’s just my opinion.
 
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