Mwana Africa Forum

sp looking like it heading to 1.5p and if gold and nickel go lower then 1.1p is possible, mwa is always like one step forward 2 steps back just like the smelter upgrade, they say its should complete by summer next summer but it could be next christmas 2015

want sp to rocket wait until smelter comes online and thats in 6 months time which is summer next year and if nickel price at 20000 that would help too

yesterday half of all gold shares like ama, pog, gdp, mirl etc are down, and mwa is lucky to be on the up side

costs has gone up compared to last quarter like the all in sustaining costs for producing gold that has gone up, was expecting less than 1000 this quarter

should we be worried about grace www.dailymail.co.uk/news/article-2870376/Nicholas-van-Hoogstraten-bankrolls-Grace-Mugabe-s-bid-power-Zimbabwe.html oh btw i am invested in here averaging 2.4p

sp will continue to fall as smelter is still in progress until middle of next year

no wonder sp dropped 20% and people are still selling, looking for 1.5p by end of next week

Lower gold production during the half year contributed to a 9.2% increase in cash costs to $969/oz and a 5.7% increase in the all-in sustaining costs to $1,161/oz

Revenue declined by 11.6% due to a 6.8% drop in ounces sold, a 5.1% fall in the average gold price per ounce (H1 FY2015: $1,283/oz vs H1 FY2014: $1,352/oz)

1.7p soon