My understanding is that WWI is largely considered to be a risky asset before getting debt facility. Once it has the money in the bank account, it will undergo a significant rerate, ie. a significant increase in share price, and the level of gold price will then play a role in determining where the share price will reach based on profitability of their production plan. So increasing gold price, e.g. from 1750 to 1900 or higher, has been actually influencing WWI, but with a delayed effect. Those left the boat early will not benefit from the gold price increase, which I think is fair for us who holding firmly with patience. Time is money.
THE 4 MILLION OUNCE BET, page-9744
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $35.58M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $14.70K | 1.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 212548 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 851515 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WWI (ASX) Chart |