WWI Presentation: 121 Mining Investment New York Conference
Progressing strategic transformation into a mid-tier gold producer
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Witwatersrand Basin Project (WBP), S.A. | Mt Cecelia Project, AUS |
ASX: WWI | |
OTCQB: WMWWF |
onlyuseThese factors include, but are not limited to, the failure to complete and commission the mine facilities and related infrastructure in the time frame and within estimated costs
currently planned; variations in global demand and price for gold and silver; fluctuations in exchange rates between the U.S. Dollar, South African Rand and the Australian Dollar; the ersonalfailure of West Wits Mining Limited's suppliers, service providers and partners to fulfil their obligations under construction, supply and other agreements; unforeseen geological,
physical or meteorological conditions, natural disasters or cyclones; changes in the regulatory environment, industrial disputes, labour shortages, political and other factors; the
inability to obtain additional financing, if required, on commercially suitable terms; and global and regional economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. The information concerning possible production in this announcement is not intended to be a forecast. They are internally generated goals set by the board of directors of West Wits Mining Limited. The ability of the Company to achieve any targets will be largely determined by the Company's ability to secure adequate funding, implement mining plans, resolve logistical issues associated with mining and enter into any necessary off take arrangements with reputable third parties. Although West Wits Mining Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.
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Investor High Potential Snapshot
Revenue opportunity of USD 2.6 billion1
Assets: Near production project (RSA) and green fields exploration project (AUS, WA)
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South Africa, Witwatersrand
Witwatersrand Basin Project (WBP)
Significant resource: 4.28 million ounces of gold JORC Mineral Resource @ 4.58g/t Au3 ; 69% of MRE in Measured and Indicated categories; includes declared Ore Reserves
Production Ready: First ore delivered in Feb 2022; infrastructure in place to facilitate rapid production build-up
CAPEX: Low due to historical shafts to access virgin mine blocks; planned toll processing with overall competitive AISC
Production Mining Stages 1-4:27-year Life-of-Mine; estimated 16.1 million tonnes; Run of Mine grade of 3.11g/t Au for 1.61 million oz gold1
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Western Australia, Eastern Pilbara
Mt Cecelia Project
Up to $10M Farm-In & JV Agreement:
Rio Tinto5
Location: Highly prospective area in Paterson Province
SkyTEM HEM survey: Eight exploration targets identified
MLTEM survey: Four high-priority targets confirmed
Maiden drilling program: Commences in 2022
Company Highlights
Opportunity for significant Share Price Growth, well positioned for 2022 upside
Duel-listed on ASX and OTCQB for increased investment opportunities
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Capital Structure (ASX)
Capital Structure (ASX)
Shares on Issue
Market Capitalisation
At closing share price of 2.9 cents on 02/06/2022
Cash
as at 31/03/2022
Enterprise Value
JORC Mineral Resource Estimate3 (Gold)
Mineral Resources include declared Ore Reserves
Enterprise Value per ounce
Listed Options
$0.12 expiring 10/08/2022
Unlisted Options
(101M @ $0.05, 2.5M @ $0.012, 6M @ $0.10, $0.15 & $0.25 & 25M @ $0.041)
Performance Rights
(Issued to Executive Team with various performance hurdles)
Proforma - WWI Shareholding in Operating Entity
Includes proposed acquisition of 7.4% indirect minority interest. Refer to ASX announcement 02/06/20227
1.84b
A$53.4m
A$5.7m
A$47.7m
4.28Moz
A$11.15
110.1m
146.4m
10.2m
74%
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Share Price - CPS
12 11 10 9 8 7 6 5 4 3 2 1
0 Jun-21
12 Month Share Price
Volume
Share Price
West Wits Mining SA
(Pty) Ltd
Oct-21 | Feb-22 |
75
50
25
-
Volume - Million
Experienced Leadership
Investor-focused board and experienced operational team
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Michael Quinert
Chairman
ASX-experienced commercial lawyer with extensive involvement in assisting and advising publicly listed mining companies
Hulme Scholes
Non-Executive Director
One of SA's top legal professionals
specialising in mining and mineral law
Tozama Kulati Siwisa
Head of Corporate Affairs
BCom with MBA and broad experience in leading transformation projects from development through to execution
Rudi Deysel
Project Manager
B.Sc (Geophysics), B.Eng (Mining) and MBA with core skill in business planning and development
BOARD
Jac van Heerden
Managing Director
Mining Engineer with MBA and operations and project experience in South Africa, DRC and Zimbabwe
MANAGEMENT
Luvuyo Jafta
General Manager - Mining
B-Tech (Mine Engineering) with wealth of managerial and technical experience in resources companies
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Peter O'Malley
Non-Executive Director
US-based investment finance executive with wide-ranging experience advising on M&A, debt/equity transactions and capital optimisation strategies in multiple jurisdictions
Tim Chapman
Non-Executive Director
Director of Corporate Broking at PAC with experience in financial services and capital markets
Simon Whyte
CFO & Company Secretary
CA with extensive experience in mining, commodities and logistics
Martin Bevenlander
Head of Geology & Exploration
BSc. Hon. (Geology) with mining experience across mining cycle from greenfield exploration to production
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West Wits Mining Limited published this content on 05 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 00:11:04 UTC.