WWI 5.88% 1.6¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-6568

  1. 3,625 Posts.
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    So was I, I see they are still reporting last 1/4 income from DRD but I can’t find any recent shareholder info from DRD to confirm this ownership so I’ll just leave it as on open question. My point in any event was that Sibanye had about 75m shares in WWI last year but none now. DRD is now our no 4 holder so if we assume they own 1/2 of DRD that still doesn’t amount to a good platform to launch a TO whereas they were in a much better position before. As they have stated they are downgrading their activity’s this is consistent with their sell down of WWI. It would be a major about face to then TO WWI. There was an article about their new focus on a SA news site about a week ago that I read as I was researching the riot material. If I can find it again I will post an address, not that I see it as a key focus but it was interesting.
 
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