WWI 7.14% 1.5¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-8734

  1. 441 Posts.
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    You guys just can’t see the forest for the trees.

    Any capital raise is going to be a least 25% to 100% of market value of WWI = wipeout in SP

    Streaming deal means that a large portion of any profit goes to that finance vehicle. That is often done over the entire life of the development. Add that to the 30% BLI partner what does it leave to the shareholders? Next to nothing.

    Ohh but the BOD will still keep getting their payments throughout.
 
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