Mawson West Ltd Ord MWSWF

Metals & Mining Industrial Metals & Minerals

"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."

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Mawson West Ltd Ord > Kapulo – On track for first production - Q1 2015 ????

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Comment by GianniM1on Jul 20, 2015 11:02am

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Post# 23940466

RE:RE:Kapulo – On track for first production - Q1 2015 ????

What do you feel is the recovery price of copper?

Over $3.00?

It's taking a beating now...

snootchybootchy wrote:
GianniM1 wrote:
Was anyone able to "dig" up (pun intended !) any info/updates on the company at this point regarding their projects/production?

Based on their Feb 2015 presentation, the Kapulo Project was to have the plant commissioned and ramp up expectexd to be complete in Q1 of 2015...

Price of copper is slightly higher based on their estimates back in Feb as well.

As for Dikulushi, they mentioned the study would take place during Q1 and Q2 of 2015.

Exploration Growth / findings?

I get the sense that the only way we will get any updates on Kapulo or Dikulushi will be through the quarterly reports (next one in mid-August). Galena no longer seems interested in updating the common shareholder. But with the current copper weakness, I don't necessarily mind if they delay commissioning -- why go into full production if it does not generate any cash flow? I don't foresee much action in the share price until copper prices recover.