Great Western Minerals

News and comment on investment in mining
Forum rules
Please read: 24Knews Forum Rules

Great Western Minerals

Postby JIMBOWEN » Sun Dec 30, 2012 7:14 pm » Google Chrome 23.0.127 Google Chrome 23.0.127  Windows Seven 64 bits Windows Seven 64 bits  Screen Resolution: 1366 x 768 1366 x 768

Rare earth company with a "mine to market" business model

http://commodityshares.net/great-western-minerals/
Random avatar
JIMBOWEN
Silver Eagle Member
Silver Eagle Member
Progress to next rank:
3.1%
 
Posts: 63
Joined: Mon Mar 12, 2012 3:57 pm
Location: London

Re: Great Western Minerals

Postby JIMBOWEN » Thu Jan 10, 2013 9:07 pm » Google Chrome 23.0.127 Google Chrome 23.0.127  Windows Seven 64 bits Windows Seven 64 bits  Screen Resolution: 1366 x 768 1366 x 768

New board member:

http://www.stockhouse.com/news/canadian ... ?n=8706270

New CEO appointed:

http://www.gwmg.ca/html/news/media-rele ... tID=203472

The news has been taken well by the market and the shares are now up over 50% from the recent low. However, the share price is still massively undervalued imo and will rise strongly once the market realises the huge margins from the vertically integrated business model
Random avatar
JIMBOWEN
Silver Eagle Member
Silver Eagle Member
Progress to next rank:
3.1%
 
Posts: 63
Joined: Mon Mar 12, 2012 3:57 pm
Location: London

Re: Great Western Minerals

Postby JIMBOWEN » Tue Mar 19, 2013 12:57 am » Safari Mobile 5.1 Safari Mobile 5.1  iPad iPad  Screen Resolution: 768 x 1024 768 x 1024

GWG releases PEA - the numbers look promising with a very high IRR:

$555 Million after-tax net present value ("NPV") applying a 10% discount rate and a 28% South African corporate tax rate
66% after-tax internal rate of return ("IRR")
4.3 year estimated Project payback period, on an after-tax basis, from start of underground mining production.
11 year potential life of mine

http://www.proedgewire.com/rare-earth-i ... -producer/

Byron Capital have a $2 price target - link to note below:

http://www.stockhouse.com/bullboards/me ... GWG&t=LIST
Random avatar
JIMBOWEN
Silver Eagle Member
Silver Eagle Member
Progress to next rank:
3.1%
 
Posts: 63
Joined: Mon Mar 12, 2012 3:57 pm
Location: London


Return to Mining Equity Investment

Who is online

Users browsing this forum: No registered users and 1 guest


cron