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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

Post by cynic7206on Mar 11, 2022 12:26pm
243 Views
Post# 34506995

The Dawn of Dan

The Dawn of DanI am hoping we are going to hear from Mr. Dan soon.  I was checking the past releases on drill results and mine development and he has been handed the golden goose.

The ramps are at the gold zones.  He has to put in a vent raise and few other things but they can start mining ore almost immediately. 

The other real significant potential was discussed in the late 2017 and early 2018 drill results was the new zone just north of the Bradshaw zones.  The exciting part is the zone is basically under the ramp to the Bradshaw zone.  In the 2017 release they had 2.5metres of 66.7 grams (including 156 grams) and in 2018 release they had 4 metres at 21 grams that about 25 metres away and at only about 70 metres depth(note: I rounded figures, see the releases for the exact numbers).

The potential here is for a significant zones that could be well above the 5 or 6 grams of Bradshaw.  Also, they only need to do take-off from the current ramp and work their way down.  

Hopefully, we will see drilling starrt immediately to confirm the size and quality of this zone.  

So with some luck, and we are certaintly due, we could have production double over the current plan in 6-9 months.
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