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GWMO Great Western Mining Corporation Plc

0.0465
0.001 (2.20%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Great Western Mining Corporation Plc GWMO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.001 2.20% 0.0465 16:19:01
Open Price Low Price High Price Close Price Previous Close
0.0455 0.0455 0.0465 0.0465 0.0455
more quote information »
Industry Sector
MINING

Great Western Mining GWMO Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 27/3/2024 11:56 by flyhi1
Gold and copper prices high and no expectation they will be falling any time soon.

Both good news for GWMO. We just need to see gold production underway to get some revenue rolling into the bank.
Posted at 27/3/2024 08:53 by apfindley
People getting in a permit tizzle on the other thread.I wouldn't be concerned about permits.The Nevada BLM is very pro-mining.You can check on their website and read the minutes of all official bureau meetings, so there will be a record of anything gwmo related.
Posted at 18/3/2024 11:09 by flyhi1
This granting of the permit is really dragging on now and such that GWMO should update their shareholders why IMO.

Brian Hall was talking at one stage last year of being in production late last year, then early this year and now we are almost through March.

Is there a problem, is it staff shortage at the authority.
Posted at 16/3/2024 11:24 by flyhi1
Copper continues to surge ahead. Along with gold at all time high everything looking good for GWMO, except this bloody permit that’s holding up gold production.

I know gold production is not out biggest prize but a very handy revenue to continue to prove our massive copper asset.
Posted at 26/2/2024 14:16 by flyhi1
Although the copper play will be the big game changer for GWMO and all being well we will begin to see that develop this year we have huge plenty of other areas to be explored.
Posted at 26/2/2024 12:52 by flyhi1
GWMO is oversold and not on many’s radar at the moment but that could change any time.
Posted at 06/2/2024 20:16 by p@
!FOLLOWFEED
06/02/24

prospects - opportunities for secondary recovery

Share Information
Ticker AIM: GWMO
Share Price (GB pence) 0.07
Shares in issue (Bn) 4.58
Market Cap (£m) 3.7
12m Hi/Low (GB pence) 0.13/0.04
(Source: The London Stock Exchange, February 2024)
Company SummaryFebruary 2024
Great Western Mining Corporation plc (AIM: GWMO)1 Great Western Mining Corporation - Company Summary
Company Overview
Great Western Mining (AIM:GWMO/Euronext Growth 8-GW) is focused on
accelerating development and production of its gold, silver and copper prospects
in the Walker Lane belt, Mineral County in the U.S. state of Nevada, currently
considered to be the world’s most mining friendly jurisdiction.
Gold & Silver
Great Western holds six distinct claim groups encompassing gold and silver
prospects. In 2021, drilling activity yielded elevated gold grades at Trafalgar Hill,
part of the Olympic Gold Project, and at Rock House. In 2022, drilling successfully
intercepted the OMCO Mine vein at Olympic Gold. In addition, that year significant
silver deposits and associated gold were encountered in shallow depths at the
high altitude Mineral Jackpot group of claims. The Company maintains a robust
pipeline of unexplored gold and silver targets and all claims are situated within
the prolific Walker Lane belt, which has a long history of production from high-
grade gold and silver deposits.
Copper
The Company has multiple prospects over its six claim groups, including an
established JORC-compliant resource at M2 (Black Mountain group). Drilling
at M2 by the Company has established a partly Indicated and partly Inferred
resource of 4.3 million tonnes at a grade of 0.45% Cu, which has scope for
significant expansion.
Investment Profile
1. Highly prospective tenements
2. Low-risk regulatory environment in US
3. Near term gold and silver production
4. Copper potential materially upgraded
5. Clear path to commercialisation
6. Extensive historic mine workings across
prospects - opportunities for secondary recovery FROM NEW MILL
hxxps://www.greatwesternmining.com/greatwesternmining-com/_img/presentations/GreatWesternMiningCompanySummaryFeb24.pdf
Posted at 04/2/2024 14:23 by graylyn1
removed figs were not correct.

NOW RE-POSTED.

Looking for 1 gram per ton net.

At 1 gram per ton x 5T per hour on an 8 hour day = 40T per day = 40grams or 1.286 troy ounces per day (1troy ounce = 31.1grams)

1.28ozs x 6 (assume 6-day week) = 7.68oz per week x $1850 = $14,200 per week x 40 weeks (as may be unable to process in severe weather ) = $568,000 per year = $284,000 to GWMO ( ie 50% )

I have rounded some figs and not added costs, as I am just looking at 1 gram per ton net which I think should be possible on 40T per DAY. I have used the figs below from GWMO RNS regarding grading, taking off 0.6 g per ton of gold, and not including the silver credit of 3g per ton to allow for costs, etc.

( “An Inferred Mineral Resource of approximately 31,000 tonnes grading 1.6 g/t Au and 3.0 g/t Ag for 1,600 troy ounces of Au metal and 3,000 ounces of Ag metal” )

Of course, this is guesswork at this stage, $284,000 on an annual basis would be almost enough to cover GWMO overheads. If they can get it to three times that amount ie: 120T per day it would then be sufficient to cover some exploration work as well. (Brian said we could go up to 60T per hour. which would be 480T per day) as they have a rock crusher capable of 60T hour. we would perhaps need another mill? for the extra volume.

I think production at start-up will be small-scale and lumpy as they smooth things out, so not expecting fireworks to start with.

Further down the line, they are going to add leaching. So lots to look forward to on the production side whilst we await a partner for our Monster Copper project.

"We are seeking a partner for establishing a significant copper porphyry"

We just need that permit now, which, (famous last words) is immanent. FXD
Posted at 03/2/2024 18:19 by crossfirecssf
I'm neither, strange person, whoever you are. You actually did better than me with 0.067p, so props to you. It was actually three trades 5,000,000, + 5,000,000, + 857,999,...=, say it with me,...10,857,999. I'm afraid you're just wrong. It's okay, we're all wrong sometimes. It wasn't single-handed. Now settle down and have a cup of tea.

Trade-1
As Agent, we have effected the following trade on your behalf:-
iDealing Client No.: 10011418
Transaction: SELL
Bargain Date: 01-FEB-24
Time of Execution: 08:04:37
Settlement Date: 05-FEB-24
Trade Reference: 3791963
Quantity: 5000000
Price (pence): .0677
Accrued Interest: 0.00
Stock Description: GWMO - ORD EUR0.01
Consideration: 3385.00
Stamp Duty: 0.00
Commission: 4.99
P.T.M. Levy: 0.00
Trade Reporting: 0.13
Financial Transaction Tax: 0.00
Total: 3379.88 (GBP

Trade-2
As Agent, we have effected the following trade on your behalf:-
iDealing Client No.: 10011418
Transaction: SELL
Bargain Date: 01-FEB-24
Time of Execution: 08:02:00
Settlement Date: 05-FEB-24
Trade Reference: 3791961
Quantity: 5000000
Price (pence): .0685
Accrued Interest: 0.00
Stock Description: GWMO - ORD EUR0.01
Consideration: 3425.00
Stamp Duty: 0.00
Commission: 4.99
P.T.M. Levy: 0.00
Trade Reporting: 0.00
Financial Transaction Tax: 0.00
Total: 3420.01 (GBP)

Trade-3
As Agent, we have effected the following trade on your behalf:-
iDealing Client No.: 10011418
Transaction: SELL
Bargain Date: 01-FEB-24
Time of Execution: 08:10:26
Settlement Date: 05-FEB-24
Trade Reference: 3791967
Quantity: 857999
Price (pence): .068
Accrued Interest: 0.00
Stock Description: GWMO - ORD EUR0.01
Consideration: 583.44
Stamp Duty: 0.00
Commission: 4.99
P.T.M. Levy: 0.00
Trade Reporting: 0.13
Financial Transaction Tax: 0.00
Total: 578.32 (GBP)
Posted at 19/1/2024 12:21 by the count of monte_cristo
What also excites me about GWMO is the potential for a much larger copper porphyry, Nevada hosts world class mines both current and past, I think we may see a spate of discoveries of various metals as exploration ramps up in the state.

Risk reward at GWMO looks appealing. Management do need to deliver though.

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