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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 Pinksheepon Jan 23, 2015 2:43am
135 Views
Post# 23354720

RE:A point blank execution of a shareholder!

RE:A point blank execution of a shareholder!
Pinksheep wrote:
Wow, what a deal.... All the late investors that are in between .02 and .08, what a rob.... Less than a month ramp up, but anyway, are you gonna be in for a month? How can a company that put over $100 millions in building a brand new plant (that is complete)+ has another one already working (not so well, I admit), sell half of itself for $25 millions? 12% interest on loans + 43 millions shares+ warrants for $10 millions bucks at 12%. The Shylock in my area give you more latitude.... Now, the loyal and truthful investors that are in for a year or two, well, you must be punching walls. Now, you have mud up to your shoulder, a knife under your neck and a gun on your head. What a nice way to start a ramp up, with a 12% interest on a loans and 2 outsiders guy coming in the board of directors.... They could have found other serious landers that know the copper industry for partnership ( let say 30/70 ), without having this 12% interest. If they even signed a $5 millions bridge for a 3 months loans, that give you a serious cue on their spare parts inventory.... They don't have any margin with their ramp up.... They're gonna need the other $9 to $20 some millions by March or April and finally give over 40% of the company for less than a 20% investment, that's a shame. By the way, i'm in, as an opportunist. Sorry for the long time investors, i'm mad for you and I can hear you shouting from my living room.


A reminder... To Zibo.... I post that quote on December 12/2014 at 7:23 AM... M.Zibo, you're saying that Galena have a plan.... It was clear a long time ago....
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