Todays report shows there is plenty of gold left in thse famous witswatersrand gold reefs.
WWI originally targeted 3.5 mill oz,so far have mapped out about 450K oz....despite the MLI buyout of 59K oz for about $7mil.....it will take very little effort to get this up to 1milloz......with a market cap of around $6mill...with continued drilling the 1mill should be reached from near surface reefs...all have good production previously..
Whats a mill oz worth...has to be min $100/oz....thus a market Cap of $100m is not unreasonable....close to $1.00/share...todays market Cap- is very very far from this.
well on its way to one mill oz gold
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1.5¢ |
Change
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Mkt cap ! $36.85M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $12.02K | 803.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3343571 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 414345 | 2 |
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| Last trade - 13.57pm 26/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |