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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 Oct 06, 2023 10:49am
375 Views
Post# 35673093

RE:Instant replay

RE:Instant replay
Muskokawolf wrote: Well we have been mining and drilling for six months--how long will it be till we run out of cash AGAIN and mothbll the mine---we need income
Staring to wonder if I will live long enough to see the fruit of my investment of 13 years.  No one is posting I think many have left our fold, we need rusty back in the cheering section.


Sept 15th  press release they gave us these words 


Dan Gagnon, President and Chief Executive Officer of Gowest, commented, "These positive initial drill results continue to support our team's expectation that we will be able to expand our current mineable resources and reserves at Bradshaw. At the same time, the mine restart is progressing very well. We remain on target on all fronts, including all production and key infrastructure programs, and anticipate starting the toll milling our ore at the Redstone Mill in the fourth quarter of this year."

 Its always been November as the date to start the mill. They are delivering and stacking ore untill they get enough to make it worthwhile to fire it up and keep it running. Still developing underground to achieve a sustainable volume of processable ore. 

   In the mean time, the sector interest is the worst in 40 years. Tax loss season is here so there could be more selling with no buyers. 

  They told us to sit on our hands untill Q4.   I think, let them do there thing and scold them if they dont deliver on starting the mill in Q4

 If theres a  good take from Dans words above, it this   "
These positive initial drill results continue to support our team's expectation that we will be able to expand our current mineable resources and reserves at Bradshaw": 

   The way out here is to see a near term production path to 100K Oz/year with upside. 
  
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