Member Info for asjwebley

It looks like the company will have initial assays but we will have to see if the market is updated. Looks like final assays maybe another 4 weeks from that most recent RNS. I am hoping the initial assays are good and they can then announce them in the next few days to help generate a bit of interest. Although part of me wants them to stay quiet just long enough for me to buy more over the next few weeks which is my plan. Sorry!

That is a very difficult question to answer! My thoughts are on a few fronts:

1) The share price is dictated by what we all think the company is worth and I think the current price at £10m MC is cheap given the potential, closeness of news, multiple drills, honest mamagement and secure location. That said it is what it is currently.
2) As the next few RNSs come out if they are positive the assets will increase greatly and this should drive the price up as the risk is reduced and thus meaning any offer would be on progressively better terms for us shareholders. So lets say M2 has a new JORC and ST drilling looks good, but for now M1 and M4 can be forgotten to keep it simple, that means we are in a massively different place to where we are today.
3) Bottom line is it will come down to what a company is prepared to pay and towards the end of last week we all put some numbers together based on an inground value of $100 pt. the figures were crazy in all fairness as it was a massive multiple of the current price, I think so ething like 50p or 70p a share.

So my view is the next few RNSs will make this one of the most and if not the most exciting to be invested in for quite sometime. I am looking forward to see what RNSs come out this week!

I agree ad.

M2 drilling was complete 9 weeks ago & last operational RNS 6 weeks ago. I am pretty sure we will get a RNS with full M2 results & JORC early this week.

That leaves us still to hear about ST, M4, M1 & future [JV] plans.

I thought the transfer of shares from a family member to the operations director on Friday was a good sign too; why bother if things are not looking good.

As you say majors like Rio Tinto who GWMO have spoken with previously according to David Fraser [several years ago] are interested in securing new copper finds. I dont know of any new finds of this scale in a secure country like the USA.

Lots to look forward to here.

Andrew

Agree - a late RNS is never good!

Trading today was fine and no real clues as to what next week may bring.

Let’s hope we see GWMO start to rerate next week with the first a few strong RNSs!

Enjoy your weekends.

Andrew

Pretty sure the accounts needed to be out by today to avoid suspension? 6 months from end of year which is December 2017. Please let me know your thoughts...

No problem at all - I usually find companies that look attractive but where PI support and boards / twitter comments have gone to zero can offer a good opportunity to buy. A bit worrying the lack of news from the company but this could do very well if they can turn that tap back on. Not a core holding for me but one that I am happy to be buying upto a reasonable size. Good luck.

I have started buying shares here over the last 2 weeks. Plan to buy more over the next month sub .3 pence if it stays here. They used to be called BNR and had a very loyal PI base but news has been dire for the last few months and that is why I think the price is where it is. Check out their website for the various different projects as unlike most AIM companies it is actually a very good website! At the current point I would say its high risk but with the smallest of good news it will get back on track. Good luck.

Yes - thats my view - even after the RNS which I expect next week (M2 / JORC) they wont be able to buy or sell for many weeks as the drilling campaign is in its final stages so they will have info that is nit yet ready to release but would certainly put them inside.

As a side point share price is looking quite good right now - MMs keen to take stock on with increasing sell prices and it looks like they are balancing their books rather than going short as they did a month or so ago.

If the news comes in next week and it is good or better this share price is going to fly.

Sorry I see what you are asking.

So when they have inside info they can not buy or sell or even speak openly to people about the information. In reality things do leak with some companies even though it is clearly not allowed but in my experience DF is honest and I have never seen that here which is one of the things I really like about the company.

The problem with GWMO and director deals is that the are many more times when they cant deal than when they can due to all the drilling, etc, so thats why you have not seen this more. Specifically with regards to this RNS today he would have not been allowed to buy with the drills where they are. Thats a good sogn though as if he did not want the shares he would not have accepted the gift from his father as his father would not have to report his trades!

So basically its nothing to worry about as the directors could never trade on news that had not been released.

Hope that helps and just shout if I can help further. As always all this is just my opinion based on my research.

I dont know but I assume its the same as an individual which I believe is something like 2 working days. GWMO have always released news as soon as they are able to and based on my experiences of sending them TR1 firms that transfer would have been done this week. I see it as a small amount of shares but a positive sign.

Interesting RNS just released (looks like the mythical 1 share from yesterday was right!) - only moving 1,000,000 shares from father (not part of company) to son (director) - unless you wanted to keep the stock longer term you would not do that as now they are in a directors name he cant really sell them shorter term as he will be grilled by investors if he does! Another tick in the box and nice to see that he has over 1.5% of the company shares.

GWMO RSP shows very clearly the real price whilst we wait for news next week - the MMs get a hard time (rightly so!) but they are pretty good at anticipating where the price is going. I have just posted a picture on Twitter if you want to check it out.

Very fair eyeguy - it really is that simple. If I may also add:

* GWMO are one of the only companies on AIM that operate as an explorer in the developed (stable) world with the potential copper discussed
* GWMO have a sub £10m market cap - we can all see companies valued at 3 to 5 times this- with less prospects and much worse managed
* If one drill is not great they have 4 all reporting soon; discount M1 and that makes 3 (M2 is more advanced but probably smaller in total size)
* This company does not leak news, have a rampy dishonest CEO and whilst it will need money potentially based on future plans it does have cash so no immediate funding needed

Oh - and news will come next week - that I am sure.

Morning

I agree with that. Happy to see a RNS until about 1 and then as long as there is nothing for the rest of the day next week should be great.

You can see by the MM actions today that nothing has leaked as usual which is good and they are also defensively positioned with a tight spread.

I hope everyone does very well from this share next week but remember the next few months will be where the real money is made.

Andrew

Good morning all

They do have some gold and a little silver along with some other minerals so there maybe something that the market is not expecting. I think it is best to focus on the copper though and then you can take anything unexpected as a bonus.

No RNS first thing today (as expected) but I am confident that we will get an update early next week as that will tie in with David Fraser returning to the UK after roughly 2 weeks onsite and it will also be around 6 weeks since the last operational update. Before that it was around 4 weeks. I would like to see photos on Vox over the next few days too.

I will be watching the trading today (after I get a meeting out of the way!) to see if the MMs look hungry for shares as whilst GWMO does not normally leak you never know - we are dealing with the city after all!

I can't see how the RNS can contain anything but positives for the company which should reflect very well in the share price but you never know so whilst I am not looking to start selling any until the share price is much higher (I will sell only a few and keep the bulk long term), if you are sitting on a profit and need the money short term (days or weeks) it maybe sensible to look at your position just in case it is not what is expected. Obviously you will miss out on what should be a very good gain (standing by my 100% plus close on the day of the RNS) but there is always a risk staying invested in a share.

Now that my balanced argument has been made let's hope for an intraday RNS! Good luck and I can't wait to read the next RNS from GWMO.

Andrew

Thats fair soley - if st delivers even bottom end of what df has said (see 2017 video interview for anyone who has not watched it) i think investors will be a little more than pleased!

Agree next week but I think it will be more M2 with jorc plus a hint of what they have done at m4 and st. Reason being st is probably only at target depth for hole 1 so will need a few more weeks for assays. M4 could be known though as they did 60% of that before christmas. Plus maybe we will get a clue as to what they plan to do next with jv, etc...

Personally I dont buy into the 1 trade arument but it could be tomorrow so we will see! More likely early next week.

A Friday RNS is 100% fine - same as any other day - as long as its not a late one! Last few minutes of trading or after close is the time to release bad news!

With no RNS tomorrow I see it staying roughly where it is as I think those who understand the story are invested and waiting. So we need the news and then assuming it is good the herd will arrive to try and chase the gain. Obviously it will be very volatile but the next few months should be the time to be invested here and that is where the real money will be made.

Enjoy your evenings and lets see if we get any news tomorrow.

HI Andy

I am very confident (in case my views did not come across that way)!

I have invested a significant amount of money into GWMO that is around the £1m mark and it is the single largest holding I currently have.

I am fortunate / lucky to have done quite well with a few shares over the last 20 years and I believe this will be my single best share pick ever.

Obviously time will tell but I am not concerned in the slightest with my position here.

I am actually very excited!

Andrew

I don't think that is fair that the company is stringing people along; they have communicated everything pretty well good or bad. I am sorry to hear that you are not yet in profit however you have done well to hold on through the last year and I am sure you will be able to sell at a profit in the near future. You have certainly had the hard part as far as I am concerned so it should be happier times for you now in my view. Timing a purchase is never easy.