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Just beginning to bubble..

Will move back to 2p for AGM news.

Leaky leaky

Good time to fill your boots. Sp next week back to 0.05p+

Expecting this to move back up to 1p.

So true.

https://x.com/Nigel_Farage/status/1803880697787994377

Reform speaking the truth.

https://www.youtube.com/watch?v=Kw7HZe2ZfoE

Not surprised at the woke judges putting the final nail in the coffin for oil and gas in the UK. Doesn't stop the fact we need oil and gas. It just means emissions are exported as we import foreign oil and gas from elsewhere. Very perverse. I shall be voting Reform in the election, as are all my family, friends and neighbours are doing here in Surrey.

10% down on 1M volume shows you the MM's game.

At that juncture where they can't say anything for confidential reasons. It will go on a run again when the MM's have had some sales. 1p+ soon.

And only 2.5p.. I would hope we are at £2.50 in 10 years..Options seem a bit soft and easy for my liking.

The only thing I would say is the options are for 10 years!.

Are they having a laugh. Why not 3 years? 10 years is way too long.

We know there are four OEM's wanting the products. Two are in advanced discussions on contracts, the other two in discussions. Existing contracts renewed in July also to be announced.

Looks a good time to buy or top up for the next leg up.

There will be a large bounce over 1p..just coming

Buy at this price. Easy money to be made.

CEO confident after the £800k investment. Wouldn't have got the money otherwise. Expect this will bounce when news released.

Ethernity Networks CEO, David Levi, commented: "We are pleased to announce the successful conclusion of this transaction. We have strong confidence in the Company's future prospects, anticipating a rise in the Company's value as we embark on strategic initiatives."

All looks good to me. It's hard to get an environmental permit in Nevada due to water rights and water being prioritised for agricultural use, it's a desert after all. The fact that the land owned by Muletown has water boreholes and water rights means getting this permit and being the only mill in the area is a real advantage. That's even without the stockpile of tailings and gold and silver that GWMO have and will process.

The plant has 200 tonnes per day capacity. They shut down for winter so probably lose 4 months. Maybe only producing 7-8 months of the year. Start off at 35 tonnes p/d increase to say 100 tonnes p/d. Based on 100 tonnes p/d, that would be 160g of gold or 5.5 Oz p/d. $2300 an ounce = $12,650 p/d. $379,500 per month.

8 months operation = $3,036,000 p/a. Gross

If they can do 200 tonnes p/d, then double the figures. $6,072, 000 p/a. Gross

GWMO share 50%.

I presume costs are shared 50/50.

GREAT WESTERN MINING CORPORATION PLC

("Great Western", "GWM" or the "Company")

ENVIRONMENTAL PERMIT

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce that the Administrator of the Nevada Department of Environmental Protection ("NDEP") has published a Notice of Planned Action ("the Notice") to allow the operation of a gravity separation plant for production of precious metals by Western Milling LLC. The Notice includes a draft Water Pollution Control Permit and finalisation of the permit is now subject only to a regulatory 30-day public consultation period expiring on 10 July 2024, at the end of the which Western Milling will be able to commission the plant and commence operations.

Western Milling LLC is a 50-50 joint venture between Great Western and Muletown Enterprizes of Mina, Nevada, created for the purpose of producing precious metals and precious metal concentrates from pre-mined material, including stockpiles, tailings and spoil, as well as from newly mined shallow ore.

Great Western Executive Chairman Brian Hall commented: "The publication of a Notice for Planned Action by NDEP is a significant and long-awaited step towards the start of production from our mill, construction of which was completed at the turn of the year. Achieving the approval of NDEP has been a lengthy process, terminating in a comprehensive site inspection in late May. We appreciate the conditional approval now granted by NDEP and are grateful for the patience of our shareholders.

"When finalised, we will be able to start processing our material which includes a JORC-compliant inferred resource of 31,000 tonnes, grading 1.6 grams/ton Au and 3.0 grams/ton Ag in tailings at our Olympic Mine site, purchase of which was recently completed and announced.

"Initially the mill will be able to process approximately 35 tonnes per day but has the capacity to be expanded at minimal cost to 200 tonnes/day, once operating parameters have been established. In the first phase, material will be processed through the gravity circuit but the plant has been built to meet the specifications required for a second phase chemical leaching project, for which a permit application will be lodged once gravity processing is operational.

"We will publish appropriate updates when information becomes available."