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 Oct 30, 2012 1:19am

223 Views

Post# 20537934

RE: RE: RE: RE: RE: RE: need a partner

Intercepts are still narrow so costly mining - see LSG. The refactory nature of the ore adds to this (and not fully address in PEA) so you have to discount this vs. majority of the ore bodies in town here. It's a management issue that lets companies get caught with no cash, not a market one. Yes markets are difficult but better management teams (or more experienced) have managed to weather it and remain cashed up. Not trying to bash but if this was a solid high-grade asset should be commanding north of $75 per in-situ ounce. Market sniffs issues here and management has a lot of work to do to address.

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