Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
Wouldn’t be surprised if this drops 10% tomorrow. Seen this so many times.
Cant see any significant rise/news till next spring, when hopefully the SP will closer to 1p
Agree, bottom draw till next Spring/Summer
Agree, bottom draw till next spring I think
Happy with the presentation!! Not so
Impressed with the current SP.
On the flip side, if the results are good a easy 10bag from current price
Not to long, hope not too long ago
Shame there isn't any movement in SP, good chance to top up
GL Danny. Hopefully a multi-bagger soon by late summer.
Iv stopped diving into shares over the last year and focused on cryptos. Looked at GGP a while seemed promising
Totally agree, baffling that the SP is red!
Yep. Same here mcap of between 75-100 mil
I topped up last drop, as tempting as it is to average down Il stay away. Content with my holding. Was hoping for .4ish this year.
Bottom draw for now
GREAT WESTERN MINING CORPORATION PLC
("Great Western", "GWM" or the "Company")
EXPANSION OF WORK PROGRAMME &
ISSUE OF EQUITY
Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing multiple early-stage gold, silver and copper targets in Nevada, USA, announces the successful completion of a placing to raise gross proceeds of £1 million through the issue of 454,545,455 new Ordinary Shares of €0.0001 each at a price of 0.22 pence each (the "Placing"). In addition, the Company is granting 227,272,727 warrants based on a ratio of one warrant for every two Placing shares ("Placing Warrants") together with a further 22,727,272 warrants to be granted to Novum Securites Limited acting as broker ("Broker Warrants"). Each Placing Warrant carries the right to subscribe for one new share at a price of 0.30 pence per share for two years. Each Broker Warrant carries the right to subscribe for one new share at a price of 0.22 pence per share for two years.
Following agreements to contract two drilling rigs for its firm and funded 2021 exploration programme, the Company now plans to expand the scope of the programme in Nevada and the Placing will enable this to take place. This will maximise the Company's activity level during 2021.
CURRENT 2021 WORK PROGRAMME
EXPLORATION DRILLING
Great Western has numerous prospects for both precious and base metals on its approximately 17,000 (6,880 hecatres) acres of claims in Mineral County, Nevada and expects to commence drilling operations in April with two rigs at the following locations:
· Olympic Gold Project: Drilling at the Trafalgar Hill, OMCO Mine extension and West Ridge Prospects
· Rock House (RH) Group: Drilling at the Southern Alteration Zone prospect
· JS Group: Drilling to test a near surface copper target
· Mineral Jackpot: Drilling at the Bass Mine prospect
The programme comprises drilling multiple bore holes at the Olymoic Gold Project and the RH Group together aggregating approximately 10,000 feet (3,048 metres), using a reverse circulation rig now under contract. Additional footage will be drilled at the JS Group and Mineral Jackpot with a light and transportable coring rig at locations which would be less easily accessible with the larger RC rig.
COMMERCIAL DEVELOPMENT
Mineral Jackpot spoil heap recovery
In addition to the drilling programme, Great Western is currently evaluating opportunities to enable commercial development of Mineral Jackpot spoil heap material using gravity processing.
EXPANDED 2021 WORK PROGRAMME
Given that two rigs will be working, and subject to no unforeseen delays, the current work programme is expected to be completed in July. While exploration drilling success can never be guaranteed, the Company is preparing for accelerated follow-on appraisal drilling during the 2021 work season, particularly at the potentially h
https://www.walbrookpr.com/investors/index/great-western-mining-corporation
Id say 2p plus....
Iv always wondered that. Why buy/sell £40 worth of shares
This made me laugh! What happened to the good old days when we said "Boom, she's flying" it referred to the SP going up 20/30/50%.
Yep, SP around 1.5p (being very realistic).
If we get some good news and our Mcap reaches a quarter of what GGP is currently then we are looking around 200Mish.
First SP target .5 for now...
I personally feel if things go our way and we get some good news then a realistic Map could well be closer to 50M.
Exiting several months ahead.
Agree, was the news we expected, nothing ground breaking. I did expect the SP to be blue (closer to .3ish). Massively undervalued, but as is the case with many shares sentiment controls SP rather than actual true value.
GL all, I'm sure this will be much higher come the summer!
To the moon. 2p plus then 5p and 14p!!
Realistically it all depends on the RNS, 30-50%??