Added to YB: 2026-10-02
Pitch date: 2026-09-28
WWI.AX [bullish]
West Wits Mining Limited
-17.28%
current return
Author Info
Trade Ideas Flow is an Ex-Equity PM & Quant (10y+ buy-side) curating the Open-Web Hedge Fund. Reading 100s of pitches weekly to find the signal. Sign up for the newsletter.
Company Info
West Wits Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, extraction, development, and production of mineral properties in South Africa and Australia.
Market Cap
AUD 171.8M
Pitch Price
AUD 0.41
Price Target
0.95 (+184%)
Dividend
N/A
EV/EBITDA
-19.99
P/E
-15.59
EV/Sales
774.68
Sector
Metals and Mining
Category
value
A barnacle fix Asia keeps buying - West Wits Mining Limited
WWI.AX: West Wits has begun producing gold but remains a ramp-up bet: at US$0.30, the model’s base case is US$0.95, while its bear case is US$0.29. Under the analysis, the late-October production report is the key test: 1,000-2,000 September-quarter ounces would indicate progress, versus low hundreds suggesting otherwise. Lenders’ plans imply about 26,000 ounces through June 2028 versus the model’s 45,000, while the analysis describes 1.0-1.2x funding coverage as thin.
Read full article (3 min)