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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

Industrials
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

GWA Group Ltd
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Comment by Minefinder1on Sep 21, 2012 12:45am
250 Views
Post# 20394089

RE: RE: RE: RE: need a partner

RE: RE: RE: RE: need a partner

Nobody is going to foot the bill for 20% in this market, only path is to give up majority ownership. Marginal grade, refractory ore and narrow nature make it tough to attract somebody to this kind of opportunity and current share structure makes it almost impossible to finance. Tough spot - rather than try to stubbornly drive through management needs to be creative.

Based on local costs your costs estimates (given recoveries) are on the low side and your gold price likely too high and your DCF is too long.

In summary market says the shares are worth 9 cents, without any further dilution so just no way anybody is coming at $0.60.

That popping sound is your bubble being burst.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities