Great Western Mining Share Discussion Threads

[123trev] 05/2/2023 18:04

Always very quiet a few months before the takeoff lol then the experts arrive.

[flyhi1] 03/2/2023 14:50

Added a few more on today's dip Flavio, unfortunately not up to your level yet :-)

Would have been rude not to have taken advantage of the dip :-)

[terminator101] 02/2/2023 09:18

Hey mindyhegap up. How's that averaging down strategy working out for you?

[flyhi1] 01/2/2023 20:56

Flavio yes I know he has committed a considerable amount of his own cash on shares and he is as well placed as anyone knowing what GWMO has in it's portfolio. I am also excited about the prospects looking forwards.

Always best to buy before the news break and the excitement builds and the share price rises. Looks very cheap IMO.

[123trev] 01/2/2023 18:04

Look at prem and vast lol if your talking about attracting a new following year after year after year etc.

[kewben71] 01/2/2023 17:37

Well if the chairman keeps taking his salary and buying shares with a…..

[flavio_monteiro] 01/2/2023 15:51

flyhi1, I noticed that the chairman spent 97% of his salary (2022) from GWMO on shares in the last couple of months...Excited about the next year1

[flyhi1] 01/2/2023 15:25

They have a lot going on so we should see some good newsflow over the coming months.

[flyhi1] 01/2/2023 15:24

A decent wedge then Flavio :-)

[flavio_monteiro] 01/2/2023 15:04

I have bought 1% of the company in the last 5 trading days.

[flyhi1] 01/2/2023 14:53

I'm happy to keep adding while the share price is down here before the news soon starts to flow. Directors have put their money and they know the potential value company better than anyone.

[flyhi1] 01/2/2023 13:34

Couldn't get them at the bottom but still a great time and price to buy before the news starts flowing.

[flyhi1] 01/2/2023 12:31

If directors have dug into their pockets to invest heavily then that is big clue !

[flyhi1] 01/2/2023 12:30

Time to add some more.

[123trev] 01/2/2023 11:56

It’s definitely in the Goldilocks zone a beaten down share price a low m/c news forthcoming and that placing expect several nuggets as big as ya fist found lol.

[tradedesk1] 01/2/2023 08:45

Not sure everyone understands how businesses work, markets are forward looking always - most AIM stocks are serial disappointers until there not, I remember ufo trading at 0.07 rocketing to circa 2p a few years ago. Timing is key.

These guys navigated the company through a pandemic by conserving cash and didn't raise for 2 years so if you invested in 20 & 21 its probably been a hard slog - but the strategy was changed and they entered into a MOU for the Mill Plant in the July of 22 - that's when the opportunity became available and not before, that then became binding in September. They gave a further update 05th January as they emerged from winter - construction is to commence end of Feb and permitting is underway. So all in all in the space of 6 months theres been a significant pivot. Anyway expecting further updates shortly. I see significant upside from £4m now.

[flyhi1] 01/2/2023 08:27

Quite so and massive upside potential in medium and long term. Massive.

Directors see it that’s why they have invested massive upside potential.

[tradedesk1] 01/2/2023 08:20

This raise was the first in almost 2yrs and that too without warrants which is a departure from how they've raised before. I suggest you read the RNS again and find me another miner at £4m that is or will be producing any revenues.

[danmart2] 01/2/2023 07:45

They will be back raising funds by the end of the year

There’s nothing in their plan that will get them profitable. It’s all assumptions

Read the RNS again

[tradedesk1] 01/2/2023 07:38

Yes it is. Currently just £4m at 0.09, not much of a stretch to move to £13.5m-£22.5m (0.30-0.50) initially. 250%-500% upside from here.

[flyhi1] 31/1/2023 12:25

Great opportunity IMO.