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Pin to quick picksGreat Western Share News (GWMO)

Share Price Information for Great Western (GWMO)

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AIM WINNERS & LOSERS: Brave Bison to beat market view in 2023

Tue, 23rd Jan 2024 10:36

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Brave Bison Group PLC, up 16% at 2.14 pence, 12-month range 1.5p-3.2p. The digital advertising and technology services company says trading in 2023 was better than market expectations. Expects net revenue to grow 23% to GBP20.8 million from GBP16.9 million in 2022. Adjusted pretax profit is expected to be no less than GBP3.6 million, a 38% increase from GBP2.6 million. Both of these would be better than market forecasts, Brave Bison says. "Our mission to become a market-leading digital advertising and technology services company has advanced notably with the acquisition of SocialChain and we are optimistic for further growth in 2024," Chair Oliver Green comments.

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AIM - LOSERS

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Vast Resources PLC, down 19% at 0.107p, 12-month range 0.09p-1.07p. The mine development company with interests in Romania, Tajikistan and Zimbabwe raises GBP1.3 million in a placement of 1.23 billion shares at a price of 0.1025p, which is a 23% discount to Monday's closing price of 0.1325p. Will use the funds to develop its operating Baita Plai mine in Romania, "specifically the development of the decline to access the higher-grade ore".

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Great Western Mining Corp PLC, down 17% at 0.055p, 12-month range 0.03p-0.85p. The Nevada-focused gold, silver and copper explorer signs a new agreement with Crowne Point Gold & Silver LLC for cooperation in exploring the western part of the Huntoon Valley. The new agreement replaces a prior one back in 2016, which saw Great Western and Crowne Point drill a single hole, which intercepted both copper and gold. The firm has recently staked and registered a further 19 claims in the west Huntoon Valley, now holding 126 full and 12 fractional claims. Crowne Point owns patented land which is equivalent in area to six standard claims, and surrounded by Great Western claims. The deal will see Great Western being granted access to Crowne Point's claims. Crowne Point will be assigned a 50% interest in nine of Great Western's unpatented claims in return. "The flexibility to carry out initial drilling on private land, which will circumvent a potentially lengthy permitting process, will enable us to fast-track our work in defining what we consider may be a significant new copper porphyry in the Walker Lane trend of Nevada. We are actively seeking a joint venture partner to help finance this programme and currently working on several positive leads," says Chair Brian Hall.

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By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Great Western Mining confident in its 2023 work programme

(Sharecast News) - Nevada-focussed gold, silver and copper explorer and developer Great Western Mining said in an operational update on Thursday that construction and commissioning of its production mill was taking place in the first half.

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5 Jan 2023 10:27

Great Western Mining mill progressing; drilling shows gold potential

(Alliance News) - Great Western Mining Corp PLC on Thursday said it plans to construct a production mill in the first half of 2023, with exploration set to begin following assay drilling results.

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AIM WINNERS & LOSERS: Live Co drops on expectations of annual loss

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Director dealings: Great Western chairman raises stake

(Sharecast News) - Great Western Mining revealed on Tuesday that chairman Brian Hall had acquired 10.0m ordinary shares in the AIM-listed exploration and development company.

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TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal

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Director dealings: Great Western Mining chair buys almost 10m shares

(Sharecast News) - Great Western Mining shares were rising on Thursday afternoon, after its chairman bought almost 10 million shares across eight transactions.

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EARNINGS UPDATES: Ross Group, Goldstone, Caerus interim loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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TRADING UPDATES: Prospex Energy profit up; Petro Matad widens loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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9 Sep 2022 10:30

IN BRIEF: Great Western Mining encouraged by Mineral Jackpot drilling

Great Western Mining Corp PLC - Nevada-focused gold, silver and copper project developer - Drills first ever four holes at the Mineral Jackpot prospect, located in Nevada. Says hole 4 encounters a "significant silver intercept with associated gold at very shallow depth". Hole 1 saw reportable grades of gold at depth, while holes 2 and 3 see anomalous gold intercepts below the reporting threshold.

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TRADING UPDATES: Malvern revenue jumps; Rockwood eyes Main Market

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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11 Aug 2022 16:29

Great Western Mining finishes drilling at Mineral Jackpot

(Sharecast News) - Great Western Mining announced the completion of its drilling programme at the Mineral Jackpot group of claims in Nevada's Mineral County on Thursday, with four holes totalling 536 metres drilled in the main workings area.

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11 Aug 2022 11:53

IN BRIEF: Great Western Mining completes drilling at Mineral Jackpot

Great Western Mining Corp PLC - Nevada-focused gold, silver and copper project developer - Completes drilling programme at Mineral Jackpot in Nevada after short delays relating to severe storms. Four holes totalling 536 metres drilled. Intercepts zones of target-type alteration, some of which exhibit "significant" amounts of chips interpreted to be derived from quartz veins. Company now awaits assay results which Great Western Mining says the timings of are "outside of [its] control."

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18 Jul 2022 09:19

Great Western Mining posts optimistic initial results from Nevada mine

(Alliance News) - Great Western Mining Corp PLC on Monday said the initial results at the OMCO mine area of its Olympic gold project in Mineral County, Nevada, exceeded management expectations.

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12 Jul 2022 15:36

Great Western Mining inks processing deal with potential partner

(Sharecast News) - Great Western Mining has signed a non-binding memorandum of understanding to create a joint venture with an unnamed "experienced" Nevada mining contractor, it announced on Tuesday, for processing gold and silver from waste material on its mineral concessions in the US state.

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