GWA Group Ltd V.GWA

RE:RE:RE:New video animation on the website

[zentrarianNZ]

Thanks, checkmate. I left out the best part: 23-50% IRR with a payback of 2 years at a $1200 PoG. When you've got 1.5M oz of high grade gold with those kind of economics, borrowing money is not going to be a problem, especially when it's modest by industry standards and you're sitting not in Niger or Nunavut, but in the most prolific gold district in Canada.

Sure, the numbers are I&I and the LOM is maybe only 10 years, but the deposit is open and the property has numerous other high quality targets to follow up once cash starts flowing. Not to mention that the gold price is likely to be much higher in 2-3 years. If anything the PEA will probably prove to be conservative, and it already estimates about $35 cash flow at the current measly $1300 PoG.

Put a multiplier of just 5 on that and you have a market cap of $175M. With a current cap in the neighborhood of $12M, that leaves a heck of a lot of room for over-optimism! And excessive dilution can be avoided with a royalty or streaming deal. This is just the kind of safe, near-term cash flow project companies like FNV or SAND are desperately looking for.

I repeat, why in the heck is this stock so cheap?