WWI 7.14% 1.5¢ west wits mining limited

You don't seem happy, that someone has stopped asking you to...

  1. 488 Posts.
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    You don't seem happy, that someone has stopped asking you to smell their cheese?

    The GP rising above $2644 is important because it means that the GP can drop by 30% and still operate Qala above $1850, aka still be profitable. These thresholds will be very interesting to analysts.

    That's good news for lenders too but the market is saying that it wants a physical announcement on funding and then we'll play.

    Of course an announcement of secured funding with GP near $2700, money rotating into gold stocks, gold producers looking to have their best Qtr in a decade, should have a bigger upside than an announce to start DD at $1920 in Jul-23 for a 0.009 upside.

    A volume above 20m is going to be the main contributing factor to the upside now, because then we'll know that the market wants to play.

    As MQ said recently: 'Our shareholders and the market, in general, will rightly measure our performance, and we will be accountable'.

    https://hotcopper.com.au/data/attachments/6497/6497618-a5f7addc6526e01606530e2c7ec2d8f3.jpg



 
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