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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.


OTCPK:GWAXF - Post by User

GWA Group Ltd > Start of the long term plan
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Comment by GOBOGOHon Jan 09, 2021 11:29am
197 Views
Post# 32261190

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Start of the long term plan

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Start of the long term planHi guys,

A couple of things.

An autocalv is required for the refining of the post milling concentrate.

It is not required to mine ore.  That is, the decision to mine, 40K, 50K or 100K oz a year does not depend on autocalv.

Re; 100,000 oz per year: The PFS had mining going to 500 meters in depth.  Mines are currently going 700 -800 meters in depth with ramps.  This is important for mine life and increasing mineable ozs without having to sink a expensive shaft.  Also, the Bradshaw resource is open on both ends (and depth), and since the PFS, Bradshaw North resouce has been discovered with has great potential to increase resouces.  All of which will be required to increase the mine life and increase production.

Re: PFS - it was based on toll milling and the refining outsource.  There are significant potenital saving to own a mill.  Also, a local refiner would result in savings - at minimum transportation - greater if they JV or setup a refinery themselves (but that would a long way off).
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