Mawson West Ltd Ord MWSWF

RE:RE:RE:RE:What's next ? Well we have a bridge loan to pay back ,

[aweigh]

zibo wrote: I'm suggesting maybe move on, there are better plays, MWE is so heavily diluted now depending on Galena's backing, copper price is unstable, and MWE has fired the captain and crew and is being run now by pirates, who may or may not have a plan that benefit's shareholder's. The risk reward here isn't favorable JMHO.

Galena are shareholders, 20% with an option to increase that to 65% . Yes it's possible they could do something nasty but they and we are domiciled in reasonably lawful places so out and out stealing the assets may not be that easy. They are also in the business of financing/investing in resource Co.'s so publicly screwing investors wouldn't provide the best optics for them going forward. Yes metals are a tough racket right now but that will change eventually . No one is suggesting this a guaranteed win and hopefully no one is investing more than a token amount , just for the fun of it. I'm certainly not and this is just one of many positions I own or Co's I'm following.
GLTA