WWI 6.67% 1.4¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-6599

  1. 4,516 Posts.
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    ... Bulu ... should of happened months ago imo ... but it's being run and it's required ...

    "Investor Presentation
    July 2021

    Objective 2. Establish Mining Operation in Witwatersrand Basin, South Africa
    ➢ Obtain Mining Right – July 2021 Completed
    ➢ Complete Qala Shallows DFS – August 2021
    ➢ Commence mine development – Q3 2021
    ➢ Aim to produce 60,000oz pa over 20+ year mine life" [part-of]

    ... so here we have at least the start of an operational timeline ... though maybe a breath-taking total lack of detail.

    ... the market atm may just have to 'trust' that 'something' is going to be 'commenced' on-site in Q3 2021 ... unreal.

    ... shafts status - expected progress ... UG contractors ... smelter ARR ... !! ... [?]

    ... 4 weeks can easily turn into 12 weeks into 6 months ... with UG operations ...

    ... the ever-present asset sell-down is always there ...

    ... General Manager - wonder if the GM is still with the company .... [?]

    ... my view on WWI - DRD GOLD may still remain one of the largest share-holders atm and perhaps that spells some added confidence in WWI getting ore to surface ... how long from any possible South African approval to first ore to surface maybe the next critical step [ROM] ...

    ... Big gold mine ...
    Last edited by Linebacker11: 30/07/21
 
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1 212548 1.4¢
 

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1.5¢ 851515 3
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