Mawson West Ltd Ord MWSWF

RE:copper demand 2

[aweigh]

gyss wrote:
The worse case scenario if Galena decides to unload its stakes before 12-15 cents in case that Kapulo does not go well next month and copper price go sought of $ 2.50 before summer. But people like us With less than 4 cents/share still will make money.Regards

Say Whaaaaaat ?
Who would Galena unload their 280,000,000 stakes too exactly ?
No I'm afraid Galena are in this for the long haul and need .13 a share to break even, . 20 a share to make any kind of return over the 6 years of mine life and they probably wouldn't have bought into this deal unless they anticipated getting at least .24 a share or a double on their money over the same 6 years. No one takes on a project like this unless they believe there is very significant upside to it and unless the market starts to react to their investment I suspect they will buy out the minority shareholders @ .10 thereby taking 100% of the future profit for themselves.