GW1 0.00% 5.0¢ greenwing resources ltd

Initiation of Coverage, page-11

  1. 11,249 Posts.
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    Can you identify how they can achieve $1 per share by 2021. I’ve only seen production targets of 6 ktpa and 20ktpa. With over 2B shares on issue there’s going to need to be a significant increase in confirmed production targets and funding/construction to achieve it to take us anywhere near that level. We don’t know enough about Andapa or other deposits to determine upside. We’ll have further dilution too.

    Their is Millies reward but not enough is known about it yet in terms of potential resource size.
 
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