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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

GWA Group Limited is an Australia-based supplier of building fixtures and fittings to households and commercial premises. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, and the distribution and installation of various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its water solutions segment includes sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories. The Company's brands include Caroma, Methven, Dorf and Clark. Its subsidiaries include Caroma Holdings Limited, Caroma Industries Limited, Caroma International Pty Ltd, Caroma Singapore Pte Ltd, Deva Tap Company Ltd, GWA Finance Pty Limited, GWA Group Holdings Limited, and GWA Group Holdings (NZ) Limited.


OTCPK:GWAXF - Post by User

Bullboard Posts
Post by Gowest-Klondexon Jun 17, 2011 6:12pm
310 Views
Post# 18731684

Apparent plunge

Apparent plunge
The presentation checklist reads:

"Phase 3 (Q2 2011 –Q1 2012) –10,000m infill drilling on the FrankfieldEast deposit down to a depth of 500m while continuing to
test an apparent plunge to the east below 600m and further exploring at depth to the 1000m level"

Can someone explain to me the significance of this plunge?

Cheers
Bullboard Posts
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