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This RNS is a slight move forward, but the market (and shareholders) seems very nonplussed.

Besides the elusive permit I`d like to see GWMO prove up a gold/silver mine this year, ready for mining and processing next year. OMCO seems the obvious one. The tailings and other waste stuff won`t last forever, and processing other companies product will help with costs but won`t set the world alight.

As ever atb

Will it be Permit news week this week?

atb

7.1bn is the total amount of shares. Miton own 229,885,057.

Have to admit it can look like what you said.

Gold currently $2205

atb

That Monday morning feeling without the permit RNS, lol

Does NDEP actually exist?

GG7 -I`ve emailed Brian a few times and he always replies in a fairly timely manner.

Will be interesting to see what he has to say about not using SP Angel, with regards the abysmal subscription sp price I guess when you`re backs against the wall you`re fair play for a kicking (especially on AIM).

I don`t have anywhere near your holding but sincerely hope it works out for you and all LTH on here.

Maybe I`m not the only one that wakes up on a Monday morning thinking please please let the permit arrive this week

atb

17th Jan last year we had a fundraise at 0.08p, so todays was nearly half of that.

To me the interesting thing is today is very nearly all buys, so are people thinking this is a good price to get in at. Also on AIM when companies fundraise there is often an increase in price and volume as their mates/broker forward sell their new shares. We haven`t seen this, this time around. My suspicious mind is telling me the permit is due soon and they know it, allowing them to sell into a rapidly increasing SP. 1.6bn is a lot of shares to get through.

Due to extra shares in circulation new target on permit news is 0.2p

atb

I take it this also means no JV Partner for copper exploration until further analysis done.

In a way could work out slightly better for us. The more we prove up the better the terms we can negotiate.

Will the Permit turn up soon giving their mates a big bonus on their subscription!!

Off the top of my head isn't that around half the price GWMO raised at this time last year

I agree Mr10cent. 0.25 on permit, maybe rising to 0.5 when plant fully productive. Then 1p if copper partner announced (but really does depend on the deal struck)

atb and fingers crossed for positive news soon

I think you should mention a possible fund raise, if neither permit or JV news coming reasonably quickly. That is a potential downside, but lets be positive and fingers crossed for a very profitable future.

Quite often on AIM, when sells outweigh buys by a considerable margin but the price goes up it means a fund raise.

But I do hope you are right it`s a much better option for us all, atb

Seems to be a bit of a race between Permit coming through or fundraise. If no permit then fundraise mid to late Jan, and it`ll be a killer.

Fingers crossed for the well overdue Permit.

Would that come out at an extra 12 billion shares, sorry if my maths is wrong

With the current sp of 0.0475p (mid) and a market cap of £2.6m what value do people on here assign to the various aspects of the business

1. Tailings/processig plant

2.Gold/silver mining targets

3.Copper

4. Rare Earths + any other

And yet you say you bought more GWMO on 7th Dec. What`s changed since then?

What`s about to happen

The JV processing licence or the fundraise you keep telling us will happen

Could you be more specific. thanks

By producer, do you mean discovered a gold mine and mining it or processing the tailings and waste. I appreciate gold is gold, but the tailings won`t last years, we need a productive mine. Either gold or copper will do, atb

Nice sensible comment. It would certainly help if the company could update us on the construction of the mill so far and how many tonnes of tailings they had shipped to the vicinity ready for processing when the permit comes eventually come through, fingers crossed and atb