Mawson West Ltd Ord MWSWF

$7 Million Market Share for 35% Slice of $200M Pie

[NycePrice]

The Equity is beyond More Valuable than the Debt @ these Prices.

This is an opportunity to leverage by letting the Heavy Hitters assume the Lions share of the Costs. Let them Drive the Bus Right into production....I have a Cheap Priced Ticket for a Luxury Ride by the Time this is said and done.  This mine is set up for a 9 Year operation. The Grade of Copper here is NOT Affected BY SPOT Prices. Those SpoT Prices are meant as guidlines to the Large 1% Grade Producers. When You Produce from Grades Like MWE 3-5% ...you are insulated....hence Galena Spending the $$ Bucks

Nyce Post by Aweigh + Samson

Galena has secured an option to take a majority position

for an average cost of about .13 per share but will wait until all the kinks are worked out and solid production numbers start to roll in before doing anything . At that point the Co. won't actually need the proceeds of Galenas PP's @ .15 but Galena may excersice those warrants to pay down the debt owed to Trafigura because there is a lot more money to be made owning the equity vs. owning the debt. If this stock doesn't start to perform after good production #'s come out I suspect Galena will gladly buy the stock at .05 vs. paying .15 and may buy it all the aweigh up to .15 and why not. Kapulo alone will spin off approx US $ 200 Mill net over 6 years which means that the common shareholders 35 % interest is worth $ 70 Million whereas the market is currently valuing it at less than $ 7 million.
Dikulushi, once up an running smoothly, could add millions more in cash available to accrue to common shareholders. I don't see this as being a ten bagger unless they find an additional high grade pod but it certainly could be a 3 to 5 bagger over time and certainly carries far less risk than any exploration play I know of !

Read more at https://www.stockhouse.com/companies/bullboard/t.mwe/mawson-west-ltd#cGeW39iR2xMgAzEF.99

samson Wrote:

Why MWE is having a delisting review

I wrote a long post on this before but will keep it shorter this time. In addition to the recent financing deal, Galena gave them a "bridge loan" of 5 million. Due to TSX rules, they need to call a shareholders meeting and get approval from the shareholders before they can be given the 5 million. In fact, they will still have this meeting and vote to approve the rest of the financing package. MWE choose to file a request with the TSX to get the $5 million right away instead of waiting for the meeting in Feb. Doing so AUTOMATICALLY triggers a TSX delisting review. MWE knew this, knew they would pass and by doing so were given the $5million dollars right away. Its just a procedural thing, a procedure that was started by MWE not the TSX

Read more at https://www.stockhouse.com/companies/bullboard/t.mwe/mawson-west-ltd#JoulgMObosv9AKw7.99

RE:Mawson West Limited Under TSX Delisting Review

It was MWE's own choice to trigger that review so they could get access to some of the financing earlier instead of waiting for shareholder approval. The financing also ensures they have the requirements to pass the delisting reviewing. That is on top of the rising revenue stream from Dikulushi and the even larger revenue stream from Kapulo that is opening up. MWE knew this and choose themselves to go that route. The latest news was financing AND a debt restructuring package that has been somewhat over looked. In addition, not only was MWE financed by Galena, but the debt they have from the first financing to build the Kapulo mine was deferred for a couple of years by Trafigura. That is 19million they were suppose to pay back this year (2015) that they no longer have to. Now why would somebody just let them pay back the money later? Because all MWE debt is to the company who has the offtake agreement for the copper and silver from MWE for the next 9 years. The original repayment scheme was established prior to knowing Kapulo's exact schedule. They want MWE to get the copper out of the ground for them and were more then happy to reschedule the debt payment to match the ramp of the Kapulo revenue stream so they can easily afford it. Again to be clear, MWE and the debt they owe is to Trafigura (one of the largest resource companies in the world) and they are partners in this project for the next 9 years. Trafigura has worked together with MWE to make sure the debt repayment matched MWE's production schedule. Of course a smart guy like you Acelove already knew all this...

Read more at https://www.stockhouse.com/companies/bullboard/t.mwe/mawson-west-ltd#iJIDJcBA2tBF9jlB.99