GW1 0.00% 5.4¢ greenwing resources ltd

Ann: Bass continues improvements to Graphmada Operations, page-19

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  1. 63 Posts.
    Yes I can't remember exactly what Ann it was from but I have it in my diary that further drilling results from Mahefedok (open 1.8k strike) are expected imminently.
    Also have it noted that since BSM took over Lohameda mine they produced higher %'s than previous owners; 155 tonnes in first 14 days before two week shut down.
    Just to keep it even, my notes go on to say that due to refurbishment they won't be cash flow positive until Q4 2017 which could keep the price stagnant for a bit. That said, their goal is to produce 400-500t this Q while continuing with takeover integration and refurb. Achieving that and good results from further drilling should hopefully give it a push.
    I'm no TA expert so if someone could confirm the ascending triangle pattern due for a breakout I'm seeing that would be great.
    Cheers
 
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