WWI 6.67% 1.4¢ west wits mining limited

WWI growth and potential- road to 12.82 million oz gold resource, page-2

  1. 1,275 Posts.
    lightbulb Created with Sketch. 302
    I am thinking a takeover offer may be on the cards...
    Cardinal Resources is a recent company which springs to mind. CDV had 5.1mil oz gold at 1.7g/t in Botswana, Ghana i believe it was and CDV was taken over for $600mil+. Now WWI has similar if not more than CDV had with a longer Life of Mine and much better grade than CDV with a much better gold price than at the time of the sale of CDV. WWI is trading between 80-90mil MC which then imo can be argued that WWI is at a minimum around 7 or 8 times undervalued based on CDV takeover valuation.... THOUGHTS???
 
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.