Member Info for Quazar

Agreed, this is a great investment. We will see a significant increase in the share price on m4, m2 and sharktooth results in the next few months. Market cap is ridiculously low for the value of this company - I think we will see anywhere from 2.5-5p on the results of this drilling program. Clever investors will get in here now while it's still low.

Clearly Andrew really wants Galaxy to lose that bet haha - you chosen your charity yet Galaxy?

I initially became aware of this share through Eyeguy - would be interesting to see his current thoughts on this.

Interesting. Ive been invested here a few times but sold out fully a while back. The current price looked like a good opportunity but I will stay away for now! I really was not aware of any of these points when I was invested - all news to me!

What's your position here. Have to ask because I'm curious as to your agenda for posting negative comments about this share.

March and April will be very interesting for this share.

Think your missing the point on M1. This is not a copper focused target nor is it anywhere near being one of GWMOs flagship zones. They are in a joint agreement with Crown Point to look at other deposits at M1 which are not copper. The zone is quite far off the main copper faultline so it's actually quite encouraging that they are even finding copper deposits here, this shows the expanse of the copper mineralisation in terms of coverage.

As far as I understand it, the addendum was recently signed and there was a placing @ 1.25p.. why has the SP fallen so much?

I think the real move will be in the new year in anticipation of the drilling results. When those come in 1p will be a long lost dream.

Thanks Andrew, it was useful attending the presentation to get those finer details which are so difficult to get with small cap companies and hopefully I was able to get some of this across in my analysis. Looking forward to the resources being proven up here, we should see interest from a big player once this happens which should make this a very strong investment through 2018.

Care to share details Blueface? Nice to see you here Andrew - We all know why we're invested but I'm curious to know what made you invest so heavily in GWMO - now with 7% of the company.

Yep - we will be getting information in the run up to the end of the current drill program which is March / April next year.

It's all where? Sounds a bit like you're making things up to me.

Where did it say news for M1 was planned for early Sept?

It says the program will be completed then which includes drilling and analysis. When it was asked at the presentation DF confirmed that end of March / early April there will be results on the drilling program.

You can email in questions for management to answer. "As part of the Company's shareholder engagement, it will also be hosting a podcast via Vox Markets on Friday 08 December. As such, investors who were unable to attend the presentation on the 29 November, will be able email in questions for management to respond to via the podcast. To post questions ahead of the podcast recording please visit https://www.surveymonkey.co.uk/r/6FMNTHL "

No problem, glad I was able to help. The podcast on the 8th Dec should be interesting.

DF confirmed during the investors presentation that they plan to have all results in (M2, Sharktooth and M4) by the end of March if all goes according to the current plan.

Not a huge amount but the people that were there seemed knowledgeable and looked like they were keen to hold long term.

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.