GWA Group Ltd V.GWA

Primary Symbol: GWAXF

Industrials

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.

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GWA Group Ltd > bulk sample

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Comment by babyofbullionon Dec 17, 2020 5:04am

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Post# 32126012

RE:bulk sample

Thanks for the information porcupine.

A couple of points - not sure how the fines could have a grade of 6.5gpt - that's the expected grade after sorting. My understanding is that the grade of the 28k tonne mixed development ore is about 2.5 gpt.

Following the same logic, they won't be able to get to 15gpt for the rest of the sample.

As for the revenue, there was a news release in 2018 stating that they had already received pre-payment from Humon for the bulk sample concentrate. I don't know for sure what the deal was there but it's possible we won't receive any payment for the sample now?

But great to hear the recovery is as expected and no hiccups.

I'm also scratching my head about the share price.

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