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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

GWA Group Limited is an Australia-based company, which is a designer, importer and supplier of products and solutions, focused on the delivery of sustainable water solutions for bathrooms, kitchens and laundries. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, including sanitaryware, tapware and showers, baths, intelligent water management solutions, and related kitchen, bathroom and laundry products/accessories. It distributes, installs, maintains and repairs various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its Water Solutions segment includes the 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. Its brands including CAROMA, METHVEN, dorf and CLARK.


OTCPK:GWAXF - Post by User

Comment by checkmate28on Nov 16, 2021 11:07pm
255 Views
Post# 34134711

RE:Permits

RE:Permits
Fredfudpucker00 wrote: I get they wanted to go bigger 10 years ago, but the permits came in 2020. Compared to a lot of smaller mines these permits are for a fair amount of tpd. Are these permits because of the high tonnage needed for the sorter?



10 Years ago they always wanted to go bigger because they can support bigger then and  now.  Its always been a 1500 tpd/ 95K OPY operation based off the resource.  The resource is 1.2Million oz at over 6Gpt grade. They based the PEA study off this. 

  Its when they did the feasibility study, they brought the production number down to 45k  OPY .  For the feasibility study, they could only use the Reserves (tighter drill spacing) which is only about 450k oz under 5gpt. This only supports the 45k OPY. If they had the time and money back then, they could have done more infill drilling to prove up the rest of the 1.2m Oz to  the reserve catagory.  

 This is still a 100k OPY operation all day long once they do the developmant uder groung and that along with the mill capacity is why they went for the 1500tpd. The tailings pond is right sized as well.   

  The ore sorter has nothing to do with the operations up to this point. 

 All they need is the financing at this point. 

Hope it helps clear things up
 
  
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