WWI 5.13% 3.7¢ west wits mining limited

I think more so WWI being well capitalised will help getting the...

  1. 7,994 Posts.
    lightbulb Created with Sketch. 685
    I think more so WWI being well capitalised will help getting the MR .... the DMR won't want to give out MR / ML to companies they might well go into admin as they struggle to raise capital for CAPEX ..pay fees etc ..

    Now from my understanding MQ was approached by value investors that were wanting to invest into WWI for a long term reward (of MR/ML T/O trade sale , production etc ) ...would it have been better for MQ to say NO!! buy on market ?? or yes and in turn use that capital to drive WWI forward ... capital is the lifeblood of any company that doesn't have positive cashflows..

    To date I have seen and been part of many CR in the likes of MEU,RXL,OBM,CMM,EAR....etc all seen major spikes in value after raising capital... WWI will be the same I personal hope some holders sell down after placement so I can load up as WWI will quickly move higher as the capital is spent driving projects forward ... 3.6moz is the starting point we have upside from infill drilling to around 4MOz to 4.5MOz ..now this along with MR should see the market-value towards 100mill ...as Sibanye will make a move if Harmony doesn't first !! to least take 50.1% control of WWI
watchlist Created with Sketch. Add WWI (ASX) to my watchlist
(20min delay)
Mkt cap ! $43.84M
Open High Low Value Volume
4.0¢ 4.0¢ 3.6¢ $189.0K 4.958M

Buyers (Bids)

No. Vol. Price($)
1 218518 3.7¢

Sellers (Offers)

Price($) Vol. No.
3.8¢ 397454 1
View Market Depth
Last trade - 15.58pm 30/09/2020 (20 minute delay) ?
-0.002 ( 0.00 %)
Open High Low Volume
4.0¢ 4.0¢ 3.6¢ 2217176
Last updated 15.58pm 30/09/2020 (live) ?
WWI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.