Mawson West Ltd Ord MWSWF

Did I miss something ? Nothing but a rehash of events so far

[aweigh]

and nothing negative that I could see. I guess it would have been nice if they had provided a more accurate timeline on the startup of the mine but it takes awhile to get the kinks out of any new plant so maybe they would prefer to get it up and running properly before doing a bunch of arm waving ! 
Galena own 280,000,000 shares at .12 = $ 33,600,000 invested in equity meaning that at our current price of .04 they are underwater by $ 22,400,000 and I suspect they want that money back and a lot more for taking the risk. No one closes on a .12 PP when the stock is at .04 if they don't believe they can get their money back plus some.

[4ME2URUSTUCK]

Probably a rehash , but also some info from past and future expectations, nothing mentioned about startup of mines as of yet, Just the Issues Galena is dealing with. They  may need more time? . JMO. glta. Cheers

[GianniM]

so true.... there MUST be some goodness coming in 2015 but as per their Outlook Statement in the report: "Should Galena and Trafigura withdraw their financial support and the Directors not be able to secure alternative funding, there is significant uncertainty as to whether the Company would be able to meet its financial obligations as and when they fall due and thus continue as a going

[snootchybootchy]

Nothing new here in my opinion.  Galena decided to complete the financing less than a month ago, two months after the end of the period covered by the financial report.  So they were aware of all the risks outlined in the MD&A and still decided to complete the financing.  This is the first financial report since the previous CEO left.  They presented a kitchen sink report