GREY:MWSWF - Post by User
Comment by
aweighon Dec 13, 2014 1:58am
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Post# 23226948
RE:Miscellaneous: Mawson West under TSX delisting review
RE:Miscellaneous: Mawson West under TSX delisting reviewtakeiteasy3 wrote: 2014-12-12 19:46 ET - Miscellaneous The Toronto Stock Exchange is reviewing the shares of Mawson West Ltd. with respect to meeting the exchange's continued listing requirements. The TSX reports it has granted the company 120 days in which to regain compliance with these requirements pursuant to the remedial review process. © 2014 Canjex Publishing Ltd. All rights reserved.
At worst we lose our TSX listing but will move down to the TSXV . African Oil reached a market cap of $ 3 Billion on the Venture so we can still have significant upside on that exchange. Cash flow should be high enough to justify our continued listing on the big board so it's not a worry.