WWI 6.67% 1.4¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-7036

  1. 1,292 Posts.
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    Ah WWI threads. One poster is talking about a DFS not being sufficient for funding - I mean, you know the clowns are in when that is the substance.

    For the record, a DFS is far superior to a BFS and has more in depth detail and will definitely be sufficient for funding. All the rest re covid cases is just white noise, as that is a worldwide issues.

    The DFS will come on Tuesday, likely around 20,000 ounces for next year, and then year after will be around 40,000 ounces plus IMO.

    The important one will be early mining initiative on the gold that’s close to surface and easy to mine that the company is targeting over the next 12 months. If they can get around 2-3mil a quarter then that will fund a lot of things, and lower the financing cost. If this is shown in detail, could be the kicker we need, especially if we’re pouring by Nov/Dec.

    Otherwise, I expect financing and JV agreement details to come close on the heels of the DFS.
 
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