MWE mawson west ltd

This is a $30mil company with potential pay offs in gold, iron...

  1. 77 Posts.
    This is a $30mil company with potential pay offs in gold, iron and copper.

    The iron announcement indicates grades of magnetite above that of Gindalbie which is one of the first significant magnetite miners in the area. Most Australian iron ore is hematite. Nice to see low impurities as well.

    The copper just released the first drill results off to the side of their high grade zone and the following drill results should be higher grade as they expect. JORC reserves to be completed this year.

    Gold is next to the superpit.

    All in all potential great return for the risk adopted and the next 6 months will indicate whether we made the right call.

 
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Currently unlisted public company.

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