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Mawson West Ltd Ord MWSWF

"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."


GREY:MWSWF - Post by User

Post by samsonson Jan 20, 2015 11:39am
208 Views
Post# 23339329

Delisting Review

Delisting ReviewAs of mid December, they have 120 days to meet the TSX's requirements to pass the delisting review. Todays news most likely means that they are unable to pass so far and are trying to squeak through by making operating expense cuts. This is going nowhere but down until/if that review is waived. The price of copper really screwed this one over and even at 2c is a huge risk now.
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