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Bullboard - Stock Discussion Forum Mawson West Ltd Ord MWSWF

"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."

GREY:MWSWF - Post Discussion

Mawson West Ltd Ord > Sheesh...
View:
Post by Uknowit on Dec 30, 2014 12:44am

Sheesh...

It's getting crazy in here. Like we all know, Galena has financed MWE. They have a lot riding on this. Nobody would do that unless they had read this company's financials inside out and upside down. You think we've done our DD? Nothing compared to what Galena has done. To me folks that's a huge vote of confidence in MWE. Doesn't get much better than that. Bring on the new year and we will see this stock pick up nicely. Cheers all.
Comment by aweigh on Dec 30, 2014 10:44am
Lets not forget about the $ 50 Mill from Trafigura to build the mine, they obviously did plenty of DD too.! The money from Galena is just a bridge to get the mine into production but that being said Galena put that money in, and maybe a whole lot more, in the form of high risk highly priced equity when they could have invested in debt secured by assets and collected a nice coupon at 12% instead ...more  
Comment by Uknowit on Dec 30, 2014 12:09pm
Thanks for filling in the blanks aweigh and to rayjay for backing them up. I'm not here to pump at all. I'm here to make money and I'm confident that will happen with MWE. Cheers!