WWI 6.67% 1.6¢ west wits mining limited

You have repeated this constantly now for days - is there a...

  1. 1,291 Posts.
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    You have repeated this constantly now for days - is there a reason why you have picked out this number? A MC below $60mil would be highly unlikely, and a floor of $50mil even less.

    Seems strange you have felt the need to constantly repeat this, without any base other than sentiment and stage.

    There are companies who just started exploring with a 1/4 of the gold with more MC, so the stage cannot be it. The NPV for the first stage alone is $150mil, and then you add in the other four stages, further exploring, re-establishing of 4.5moz JORC, cash in the bank and W/A land and you can see $50mil MC will be very unlikely. If it does, then i am sure it will be momentary and would bounce very hard.

    Finance and toll are not 3-4 months away - MQ has said that it will be done well before the year is out, and likely in next month or two. The toll agreement will come first with juniors, and then the finance agreement.
    Last edited by LJohn: 09/09/21
 
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