RE: The more I see multiple £50k buys...24 Nov 2024 12:31
5 trade days to December all time lows oversold and undervalued
Great Western Chairman Brian Hall commented: "Western Milling is in the final stages of bringing its mill on to pilot production. Essential work is being finalised, primarily to ensure that operations meet the requirements of stringent health and safety regulations for a mining operation, at both state and federal levels. Great Western is supplying tailings from the OMCO Mine for first production from the plant together with initial batches from its stockpile of mined ore. Shareholders will be well aware that this project has taken much longer to reach this stage than we initially expected but we are confident that ownership of a local mill will provide a significant opportunity for the Company to process historic waste material as well as newly mined ore. Following a recent site visit, we expect production start-up in early December.