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Bullboard - Stock Discussion Forum NWM Mining Corporation NWMMF

GREY:NWMMF - Post Discussion

NWM Mining Corporation > What to expect - NWM - April 29th
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Post by dreaddogs on Apr 29, 2012 3:34pm

What to expect - NWM - April 29th

Here is a list that we may expect /achievements to this point. Let me know if there is anything that i have missed as i am a new investor..

1. April 11, 2012

During the 1st quarter the Company sold 4,100 ounces of gold at a weighted average price of

USD $ 1,640 for total proceeds of USD $ 6,725,735.

The mine is now commissioned and cash-flow positive, and a ramp up of throughput

is expected to continue in accordance with 2012 mine operating plans.

At the end of the quarter there were approximately 1,137 additional ounces of

gold which had been poured and transported for refining at Johnson Matthey in Salt Lake

City, Utah.

2. Commercial Production status

Company declared commercial production status on April 11, 2012

3. Gold prices

Selling gold un-hedged

4. Lawsuit

Settlement between NWM and BioteQ Environmental Technologies

Under the terms of the settlement, NWM will pay BioteQ Environmental Technologies Inc. $1.3 million in cash over two years; BioteQ will retain ownership of the treatment plant and will demobilize it from NWM’s site. The initial $200,000 payment by NWM has been made. A second payment of $400,000 is due April 30, 2013. The final $700,000 is due April 30, 2014. In the event that NWM sells or transfers all, or substantially all, of its assets, the payments become due immediately and payable upon demand by BioteQ.

BioteQ and NWM have agreed to work together to facilitate demobilization of the plant.



5.0 Break Even Point

Break Even point for the gold per day is 40oz a day

6.0 Website

www.nwmcorp.ca

7.0 Outstanding Shares : 496,000,000

8.0 Financing

Last financing was done at .08 cents trading date of June 18, 2012

9.0 Jojoba Mine Site

The first blast of Jojoba ore was fired in mid March and consisted of 40,000

tonnes of mineralisation. Construction of the haul road to handle heavy trucks from La Jojoba is almost

complete so that treatment of Jojoba ore can be started on the Lluvia Dos leach pad.

10 Chris Berlet Interview

https://www.nwmcorp.ca/investors/videos.html

11. Corporate Presentation/fact sheet

https://www.nwmcorp.ca/investors/pdf/nwm-corporate-presentation.pdf

https://www.nwmcorp.ca/investors/pdf/nwm-fact-sheet.pdf

12 2012 EXIT RATE

32,000 oz of GOLD

13. Analyst Report

Ubika Research -.49 cent target -dated May 2011

https://www.nwmcorp.ca/projects/pdf/110510-nwm-update.pdf

Hallgarden and Garden Company -Target price of .36 cents

https://www.nwmcorp.ca/docs/291110.pdf

14. Other blog boards

https://investorshub.advfn.com/boards/board.aspx?board_id=18865

Comment by zzthnx on Apr 29, 2012 10:23pm
Good job, Dreaddogs!
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