GW1 0.00% 4.2¢ greenwing resources ltd

another placement ?, page-80

  1. 7,463 Posts.
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    No doubt this is the sort of material the company is showing to the financiers at present to help persuade them that the HMP is more than just Fossey, which alone would hardly inspire them to lend at present. It would be nice to get an update, and something positive on the gold study and exploration front. Isn't the gold study report due out this month? Personally I feel that if the HMP issues can be resolved through the agency of this new sought-after debt arrangement then the longer term plans will be back on the rails. As you say, 1T, there is a lot of potential profit lying idle in that tailings dam and in a couple of years time they could be harvesting it, and paying off the plant construction cost with ease.
 
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