Great Western Mining Share Discussion Threads

[flyhi1] 27/11/2024 16:54

Altogether very interesting.

Possibly timing just wasn’t Brian’s friend.

There was a limit to how long he could wait to fire off the placing and as I previously commented the retail offer would have added to the time taken in setting up the whole funding package.

[flyhi1] 27/11/2024 16:50

What some may not be aware of is that setting up a placing can take quite some time.

I’m sure Brian would have held off as long ago as possible hoping for gold production news at least even if not revenue from production in the bank. So he would have had to make that call some weeks ago. Also setting up the retail off would have added to the time to set up which he clearly wanted so to be fair to private shareholders. Showing Brian does consider and care about fellow shareholders despite the stupid comments by trolls.

So have things gone well at the mill in recent weeks, days and production is imminent.

It’s going to be interesting to see whether we do see that RNS in the coming days.

[flyhi1] 27/11/2024 16:44

Although I very much doubt we’ll have a RNS confirming gold production tomorrow but we could be close to it after all.

[flyhi1] 27/11/2024 16:42

It will be interesting to see where we open tomorrow.

[flyhi1] 27/11/2024 16:40

A different light on things, someone expects gold production imminent possibly ? Even knows !

[flyhi1] 27/11/2024 16:38

Interesting how that series of buys rushed in just before the close.

[flyhi1] 27/11/2024 16:35

Buyers seeing value. Rapid change in sentiment.

A change from yesterday’s gloom.

[flyhi1] 27/11/2024 16:34

27m buy as well.

[flyhi1] 27/11/2024 16:31

Sentiment to GWMO has suddenly changed just like that.

[flyhi1] 27/11/2024 16:30

Another 20m buy.

[flyhi1] 27/11/2024 16:28

It goes to show how quickly attitudes towards AIM shares can change very quickly. One moment little interest from buyers and then a large buyer appears and the share price reverses as quick as a flash.

[flyhi1] 27/11/2024 16:25

That’s put a different light on the situation.

Someone expects gold production imminent possibly ? Even knows !

[flyhi1] 27/11/2024 16:24

Now that’s confidence for you. Someone clearly sees this sell off leading to ridiculous placing price as overdone.

[flyhi1] 27/11/2024 16:23

99m buy at .018 !

[flyhi1] 27/11/2024 15:45

Someone was prepared to pay .02p for 20m earlier today.

Not a fortune £4K but still good to see others see value from that low share price

[flyhi1] 27/11/2024 15:42

Gold price up today but until we’re producing somewhat academic.

[flyhi1] 27/11/2024 15:41

It’s going to be a long haul to get back up to where some of us invested. Not too far in my case as I had been buying and adding to my holding on the way down.

Short term pain for long term gain hopefully.

Encouraging to see we have buyers on the open market today. So either new buyers or long term holders want more than they can get on the retail offer.

So not as bad as initial impression from yesterday RNS.

[mayflower6] 27/11/2024 14:32

Why I invested but we need to see some progress on that front flyhi. All a long way off at the moment. I had expected progress on the copper to have been faster than what's so far been achieved.

Not overly impressed with their progress up to now. I thought Brian was looking for a partner which he hasn't achieved yet. I assume he needs further exploration to convince any partner to invest in the copper plays yet.

[flyhi1] 27/11/2024 14:24

Painful at the moment Mayflower but I’m in for the copper potential so I’ll be patient and I’ve no intention of cutting and running.

If the copper proves to be as large as the encouraging early signs are then the potential is to turn GWMO’s value into £10’s millions. £30m-£50m wouldn’t be out of the question but that’s not certain but possible.

[flyhi1] 27/11/2024 14:18

Also well worth repeating as we had a troll lying on a few days ago. Brian does not take a large salary.

This reinforces that his commitment to the company is totally aligned with ours.

[flyhi1] 27/11/2024 14:15

Exactly Mayflower.

Brian has as much interest in seeing GWMO delivering for shareholders as he is himself a major shareholder.