Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Cant wait for that jorc to come in and it could be this year boy o boy this share is going to rocket,
chisler
At West Huntoon, thats more than 10 times the M2 copper play, and its open in several directions, holy moley thats big.
chisler
Afternoon all
Long term holder here and managed to average down nicely over the last few weeks..
The nice thing about this Rns is it shows real chances for the mc to multiply - how much ?, well this is AIM don't forget but huge potential in current world climate
As much as most won't want to admit the west will have to accept that we are rapidly moving to a war footing - copper demand is going to accelerate quickly and the gold in our case is a very very " nice to have" bonus on top !
As others have already stated, any news of partnership or farm in will imo see this share jump rapidly.
GLA Chard
Looks like the ASK is going up. Last chance for a bargin b/c it's likely it wil be going to 0.40...
Or a farm out by a big player would transform us making steps in the right direction for that to happen
I always had faith in this company. I've averaged down over the past years and I'm pleased the market has woken up to the potential. All we need is the permit and we're away!!
Well with the war, possibly happening Gold prices will definitely go up in the long-term
I think Gold is will reach another all time high very soon - god knows where it can go to ;-)
GLA SR
Interesting what is moving
Lost youre tongue ,,,moonboy.... sorry fake boy... you know that one with the forke in it..
chisler
And you are a liar also moonboy.
You lie about using software to help youre dyslexia.
You are not dyslexic.
youre rhandom posts are not the result of faulty software .
its all an act moonboy.
you are a liar and a FAKE moonboy.
what do you have to say about that
FAKEBOY.
chisler
But you are an idiot moonboy , please explain what a " financial crush " is ?
chisler
You still havnt named the machinery in the photos moonboy, you dont know do you,
chisler
Yes I agree with u I am extremely disappointed on how things are going and I think most people are here too. It’s just does not make sense continue to do activities which drains money If there are problems need to be addressed, we are very short, that’s what I believe.
@GTMufo If you take the effort to read my posts I have NOT said that everything is okay so please quit putting words in my mouth!.
What I have done is IMHO answer part of your question about what monies maybe needed and some basic project management knowledge about how I might do it if it was me putting these things together myself ... nothing more as I was not involved!
ATB APR
And I things am postive about that we might have partnership for the copper Gold and Silver will go up a lot because the matter of fact companies are going bankrupt don’t ever before. Worse than a financial crush.. so it’s just a question of time and also we’re about to go to war at some point.. as it’s also on the news.
Clearly you’re trying to make me look negative and stupid try to portrayed that I am lying everything I have said is on the Rns. Clearly inflation is a problem and I think you would be upset with the timeline, it has taken Gwmo. I wonder if you bought in at 3p long time ago would you be happy with the progress of GWmO. A matter of fact, with Sharktooth many years No. have you witnessed Someone hanging themselves and people lost their homes because they believed what the company was.saying That’s why I take everything a positive and a negative.. I’m also happy to show you proof of how much I have Gwmo. And you know what was funny you never know, company true cost until when you go to court. And aim is a casino less rules and regulation's.. your opinion is everything is okay and they got the budget for it. And my opinion is I disagree.
I’m not supporting my narrative I clearly believe what’s about to happen and you believe you’re on your opinion.. am not putting anything out of context. I said everything in RNS as I have clearly stated.. also rns are guidelines they don’t portray a full picture.. “ ramber metals they lied on rns which is proven..
@GTMufo Simply ...
> Mina is where the processing JV plant is and is in a valley so will be operational most of the year
> Prospects are in mountainous terrain and/or at altitude so "closed season" is typically end October to mid March as temperatures drop and/or weather is bad
Please stop confusing the 2 the support your negative narrative as GWMO have been very open about this throughout their RNSs so it should be no surprise to anyone! A large part of the reason for the 14km road project was to open up areas for both drill rigs and for extraction of historic tailings to overcome most of these limitations.
ATB APR
@GTMufo If you had bothered to read the rest of my post you will have seen the likely answer to your question around costs and funding, so please do me a favour and don't lift part of my post out of context to somehow justify your narrative ....
@GTMufo I don't doubt that there will be costs in commissioning the plant, moving the tailings and ramping up production ... the REAL question you have not asked is "what has been allowed for in the JV budget, what has been spent to date, what contingency was allowed for and what budget remains versus work to be done".
My expectation is that the JV budget includes commissioning plus some contingency to fix early failures/issues and unexpected items as it is reasonable to expect some unplanned for costs. Anything after that would be extra as it would be cost of JV production or OPEX will include labour, generator fuel and so forth. The cost of digging out and moving the tailings will be GWMOs and not part the JV.
Any further expansion of the JV plant to stage 2 will require additional CAPEX funding from both JV partners which I would expect to be funded from JV profits or more likely standard business debt funding based on a business plan once the JV plant is up and running profitably.
Not everything will require equity funding via dilution which is why a profitable JV processing plant is vital to a small explorer transitioning to a small producer.
ATB APR
@GTMufo I don't doubt that there will be costs in commissioning the plant, moving the tailings and ramping up production ... so another member also agrees that that there will be extra cost. . So there’s delays they’re not generating money but at the moment they’re spending money we are in high inflation period and on top of that we’re continuing to do activities which is all proven on the RNS. So someone needs to tell me where we getting the money from because that for me is a lot of cost and at some point I really believe we’re gonna need money.
Now it’s February right around the corner we still not generating any money. We still haven’t done testing of mill in practice. The longer takes the more we bleeding money.. plus we are in high inflation period
Inflation impacts businesses from a supply side: costs of materials and products increase, and it may influence costs associated with trade. Demand side is impacted too: employees might seek higher wages, and these higher costs are transferred to consumers through higher prices.
So as everyone’s told me, I’m an idiot and apparently there’s nothing to worry about. Well if temperatures get so cold. We can’t continue mining can we. We would have to wait until temperatures are more reasonable.. down below there is a bit from rns that shows that temperatures can affect us..
https://www.greatwesternmining.com/greatwesternmining-com/_img/pdf/181026-m2-sharktooth%20update.pdf
sub-zero temperatures has begun to restrict pumping of
water to this high altitude site at night, meaning that drilling is now limited to
daylight hours…
You are right, I believe. Because what’s interesting is UK gearing up for something to happen they tested out two systems one in 2014 and one in 20,20. Then yesterday on the BBC the country want to get the civilians to be prepared war.. I’m not saying now but something is definitely brewing. The stock price on Armoury all-time high at the moment
Sorry that was 0.007p
So should 100 bag hopefully. Or 10 bag if consolidated.