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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

GWA Group Limited is an Australia-based supplier of building fixtures and fittings to households and commercial premises. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, and the distribution and installation of various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its water solutions segment includes sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories. The Company's brands include Caroma, Methven, Dorf and Clark. Its subsidiaries include Caroma Holdings Limited, Caroma Industries Limited, Caroma International Pty Ltd, Caroma Singapore Pte Ltd, Deva Tap Company Ltd, GWA Finance Pty Limited, GWA Group Holdings Limited, and GWA Group Holdings (NZ) Limited.


OTCPK:GWAXF - Post by User

Bullboard Posts
Comment by GOBOGOHon Sep 14, 2020 6:00pm
142 Views
Post# 31557166

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:September 2020 Presentation

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:September 2020 PresentationTraderfan,

The process for getting permits is interesting and complicated.  I mean, you have to get all the stakeholders on board, get agreement on the impact/benefits, get mutliple for environmental approvals, air, water, etc., etc,, etc.,  Once you get all these then and the Gov't is satisfied that all the due diligence is done and the stakeholders have been heard and agreements are in place, they tell you that the application can be submitted.  Once the application is submitted, there is a 45 day review period.  However, the Ministry is very, very thoroug, and, if you get the go ahead to submit, you should get the permit.

So, I would say, we get the production permit soon, well before they need for production.  GWA can operate on the bulk sample permit for a while once they start mining the stope.  If they start undergound in October, they won't need a production permit until probably January(or so).
Bullboard Posts