The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
This should climb in the wake of news
Next leg up soon
watch this go flying
With the flow test to be completed in 4 weeks this will top 20p soon
Mala is trying hard to deramp but its not working the problem you have is everyone has done their research and knows that this has what it take to get the results. Now if you speak in facts then we will listen. Otherwise try else where!!
thanks for the input. I can see that we are now getting slowwly more buys than sells as i think people are starting to have more faith and know that the price will only climb the closer we get to results day. I will just have to wait now until it hits 5-6p and i will then also take a top slice.
LOL at galaxy!! what a joke. If you have no interest then maybe consider taking your deramping skills elsewhere. You have not been to the investors day and for all we know you just want to get in cheaper. If you have not done your own research and can substantiate your claims then happy to hear it but all i here is rubbish mate. Only serious traders here and if you have facts lets hear them.
My notes are quite rough so excuse me if anything is unclear. Here are the key things I picked up from the presentation / Q&A: - They stated that they are making a lot of progress and there is finally real momentum with a proper plan in place. They admit things have been slow in the past, but with the funding they have (from the prior 2 placings) they have accelerated their drilling programs. They emphasised that conditions they are working in are harsh and the location is very remote and that it takes time to drill but they are progressing faster now than they ever have before. - It was highlighted that the potential discovery at M4 could be very significant - the target falls on the same fault line as M2 so they expect it could be similar. Currently they are half way through the drill on this site. I got the impression that they think this target could add a lot of value. - They expect full results from the current drilling program of M2, M4 and Sharktooth to be released by the end of March if all goes well. They believe we will have 3 positive updates for us by then. - The current program is fully funded from the placings earlier this year. They expect the funding will take them beyond the drill program and will allow them to conduct further drill work. They note that their overheads are very low and the majority of the spend is on the actual drilling. - M1 - They are keen to make some early revenues here but they do not consider this to be their key target. They are happy to let Crownpoint get on with this and get a crushing mine in place to allow them to make some revenue. The cost to build this is not deemed that significant (in the 100k's). To get this going they would have to raise further funds however the focus for now is the current drill program. - Emphasis was put on Sharktooth and that this is going to be very significant. They expect anywhere from 60m - 600m tonnes of copper here - they are extremely keen to prove this up. They want to continue exploring this beyond the current drill program once results are in. - They appeared confident on the economic feasibility of the company. Considering they need to prove up roughly 20m to be viable, they have already proven up 16m - with M2 expecting 40m and Sharktooth 60-600m + the potential at M4, they are more than confident about their viability. - Once resources are sufficiently proven up, they hope to pursue a joint venture with a bigger player that can really get things going. They emphasised that they want to maximise the shareholder value and prove up as much as possible before taking this route. Overall it was a very positive and insightful evening and I have a lot more confidence that GWMO will deliver since attending. Hope this is was useful to you guys
From what i have read there was no mention of September but delays are not a bad thing. We have to remember that they are a company and will be doing business and releasing and RNS isn't really on top of the list. They have kept us informed and that is more than some companies tend to do. Just hold tight now until next year enjoy your Xmas. We all will reap the rewards of the patient.
I couldn't agree more and hope that Wednesday brings about more clarity and confidence for the coming year. I know the user Quazar so i will be getting a detailed review on his finding as will most people on here then i will report back. This just takes M2 results to be good and this will resurrect. Day off tomorrow so i will report back on the Wednesday or Thursday. Likewise if anyone else attends please share you take on the day.
Why would GWMO hold a investors meeting? is there going to be news that we dont know of? or is this just a way to get more investors? Would be good to ask when to expect M2 and Sharktooth RNS? or when the next update is? What they think of M1 results and how long will the funds they have last them till. Personally i dont think they would hold a investors meeting without some juicy news!!! i believe this will be an upward trend and most will start to reinvest here in wait for M2 results.
it has dropped to 18.5 now... guess that is it for me on this one.
EVG is starting to dip now...ARGHHH!!!