Mawson West Ltd Ord MWSWF

RE:We cant forget about Dikulushi either.

[Pinksheep]

aweigh wrote: We have a significant resourse there , 2 years worth I believe and potentially 2 other deposits within the 15 KM radius of the mill . It's my impression that the remaining ore there, which is underground, could be extracted economically but it required some additional money to get down to that level and the mill itself needed some upgrading and we just didn't have the money to do that and complete the build at Kapulo. I think once we get Kapulo up and running the Co. will refocus on Dikulushi and we could have two mines pumping out money within a year . There were cash flow numbers on Dikulushi in the material we were sent but of course I threw that out .....dumb, but I think we are talking about close to $ 100,000,000 worth of ore over two years. The grade there is something like 6% CU , that's huge, and could/should be highly profitable once it's operating efficiently !
I think there is a lot more here than the market can digest in one bite. 

You're right. I can't understand people who says that Galena must have done their duties before financing this company and the risks are low. Of course they know what they're doing, they took over a company for a bargain price. They didn't bought a 20 years old plant here.... People fear more a secure company with diluted shares than a junior that eventually are gonna dilute too as time goes by, but with no plant to go after the resource.... Most of the junior deal with around 2/3 millions dollars to explore and their SP are over $0,05..... Here we have the deposits, the plants, the Galena expertise and the money. Plus, they said bye bye to 3 big salary last month.....