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Nice reversal there !

I would expect an element of fomo today bearing in mind the marine licence decision is Monday!

Quick somebody better tell Moonboy haha

Nice research there Dan 🤔

Taken a few more - this is just too cheap especially with this being back on track in Bolivia. Looking forward to the interview.

I'd be more excited about this if it wasn't for the fact they only get a 10% share of earnings from Aprelevka. I must admit the lack of financing is becoming concerning now

Just woke up and saw the RNS. Wow that was a quick turnaround! Got to be a good 200% in this now back to hopefully 0.045 - 0.05 level for starters

So it seems Clontarf have not passed to the next stage on a technicality due to the way the authorities work out an acceptable credit rating -

"the authorities appear to have declined the 'A2' short-term credit rating, possibly because the long-term credit rating (BBB+) was marginally below the requested 'A3'"

The market seems to have reacted in such a way that that is it for clontarf and game over with the share price down some 60% since Thurs.

This clearly is not over and it is all still to play for.

Clontarf have had a presence in Bolivia for decades and have a good working relationship.

The criteria for the credit rating is pretty much black and white and they had no choice but to notify the market immediately, even if the current outcome seems silly right now.

It will be business as usual for Clon who will be pressing ahead with the pilot plant regardless and I'm sure the bod are actively engaging with the authorities as we speak. Definitely a decent buying opportunity at current levels!

Good news finally on the way I reckon !

Post away, thanks for the warning by the way about you posting every single morning and evening. I have filturd you in advance as your basically a moron.

GLA genuine investor's !

Now NT at 0.25p for literally anything - GLA

Has anyone messaged the company as to what the hell is going on with this permit lately?

This is getting beyond ridiculous now!

Https://www.thearmchairtrader.com/uk-shares/great-western-mining-revenue-summer/

Great Western Mining inches towards revenue

By John Foster

9th May 2024

"As previously reported Great Western has had a busy year exploring multiple sites for copper – which could become the main act for the mining company, which to date has been looking at historical gold and silver deposits – as its tenements have significant potential copper deposits, as well as progressing its mill."

Exploration and construction

"However, Great Western still isn’t in revenue-generating territory, as most of its work has been exploration and the construction of the mill, which have both been draws on the company’s financial reserves. The mining company has been firming-up its gold deposits, which as previously reported are historical mineworks and tailings from the Nevada 1959 gold (and silver) rush"......

........"It has been a long road for Great Western, but eventually the blocks are starting the fall into place and 2024 could well be the year the company’s turnaround moves into revenue-generating territory."

What's the matter Moonboy - can't stay away because your attempted cross ramp yesterday with another share didn't work? Haha.

Good things come to those who wait GLA genuine investors :))

Goingtomoonufo - try looking up the calendar as winter is 7 months away. Summer hasn't even started yet and you are already writing great western mining off for 2024.

There are no further costs associated with the plant to incur, as the plant is ready to go. Plus since the permit application was made gold has increased by $400 an ounce.

Based on the conservative estimate of the tailings resource report of 31,000 tonnes at 1.6g/t AU alone, that would mean from just the current tailings, potential revenue of over $4.5M from just the gravity separation phase.

Not bad for a company with low cash burn and no debt and with the potential for a large industry player to come aboard and develop what could be a world class copper mine.

It must be a sad lonely place for you throwing stones from your glass house like a petulant child.

How long does it take for a permit to be issued for a simple gravity separation processing plant for gods sake?

This is beyond a joke now, especially in a mining friendly jurisdiction like Nevada!

Hmmm, that is not really the RNS that some have been waiting well over 12 months for. Doesn't sound like diamond parcel is anywhere near to concluding and my concern is the prospect of a placing to address the large debt if refinancing isn't concluded by 7th May when they say "alternative financing" if not concluded by then. Given their track record I'm not particularly hopeful tbh :((

Looks like the predictions of this going blue have turned out correct today.

Onwards and upwards from here, placing out the way and plenty of newsflow to look forward to with the promise of being fully funded for the next 12 months minimum :))

This could be one that really takes people by surprise when they least expect it. Took a few mill yesterday GLA