Investors

Significant enterprise value growth potential

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    +61 3 8692 9049

    +61 3 8692 9049

    Why Invest in West Wits

    “Our WBP has a robust resource with well-understood geology and we are using traditional mining areas in shallow areas with a huge well-known resource. It is a long-life mine – something your grandchildren will inherit.” Michael Quinert, West Wits Chairman

    Significant gold resource in the Witwatersrand Bain Project (WBP)
    WBP – Project 200 significant growth opportunity aimed to produce 200 000oz gold per annum
    Qala Shallows (Stage 1) robust DFS aimed at 70,000oz p/a steady-state production for 9 years
    Qala Shallows – DFS Post Tax IRR 53% & NPV US$255M at US$1,850/oz gold price
    Qala Shallows – turn-key ready – regulatory approvals in place (Mining Right, Environmental, Power, Water, Explosives); site infrastructure maintained; key supplier contracts secured
    Qala Shallows – Cost-effective toll treat agreement with Ezulwini Mining Company / Sibanye-Stillwater subsidiary
    Funding – In process of securing syndicated non-dilutive debt loan, aiming to increase bank debt coverage to 50%-60% of development funding
    Experienced international board and management team