You are on the money. The history isn't impressive here, but the gold price rise makes this a fantastic opportunity to capitalise on a massive bull commodity.
The margins are exploding with the increasing gold price and lowers the risk to banks and the IDC.
If finance is approved then the share price will likely soar as people scan the ASX looking for gold share opportunities. This one is ready to go and money will start flowing in under 12 months.
If IDC funding fades then it's going to plummet no doubt. Risk / reward is strongly positive. Good news and multi bagger potential - bad news and we lose 50%+.
WWI Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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