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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

Comment by ziboon Jan 22, 2015 12:19pm
87 Views
Post# 23351712

RE:RE:Where does it say they are reducing output ?

RE:RE:Where does it say they are reducing output ?  the Board of Directors has also decided to reduce the number of people currently working at the Kapulo project.

That statement suggests that they are laying off staff at Kapulo, which isn't even up and running yet, so it seems that Kapulo is on care & maintenance as well. I don't think anything is going to happen until after the shareholders meeting.

The SP and trading is the best indicator of what's going on, and with no interest @ .025 it's probably just a matter of time before the .02 gets wacked, not looking good IMO.
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