WWI 6.67% 1.4¢ west wits mining limited

WWI growth and potential- road to 12.82 million oz gold resource, page-12

  1. 796 Posts.
    lightbulb Created with Sketch. 318
    $430m USD would be my expectation on the current jorc resource ( the USD to AUD conversion gain will be negated by the BEE % hold so make it 430m aud).
    430 is around 5.4x so 23c
    - dilution (for opps conversion/perf rights etc)
    so about .18-20c

    To that we
    + Au exploration upside from existing area & potential prospecting rights that we are awaiting on nearby
    + U resource conversion to 2012 Jorc
    + whatever we get from RIO when they spend $, find something, look to increase their ownership
    + PoG upside
    - dilution to fund the capex depending on debt % they take
    - time spent ramping up annual production & any potential delays

    Hence my personal medium term target of that 24-30c area that I’ll be content with (of course would want more, who doesn’t).
 
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
WWI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.