MWE - Mawson West

Announcement out thismorning (07/11/07):

DRC MINING CONTRACTS

Mawson West concurs with the above as it relates to the Kapulo Copper project, and
exploration on the Kapulo Copper project by Mawson West is continuing as scheduled.

Looks like we're good to go fellas.

Cheers

Googly, your'e very quiet, so much for all the crap you have posted in this thread! I not sure if you achieved anything by your down ramping

Not a good day today. However, AVM (anvil) recovered some ground today. Hopefully MWE can follow the same trend tomorrow.

The way I see it is that unless the foreign companies operating in DRC accept a renewed offer from the government, I think a lot of their contracts will be canceled. The Chinese are a dominant force in Africa at the moment, expanding rapidly, kinda like a modern colonialism, except they just want the resources. And i doubt private companies can get in the way of the government. Anyways I think we need to discount the DRC project and concentrate on the Iron Ores...

This company has receivership written all over it.

Contract in Congo is lost and big fines will no doubt ensue. Company will be basically bankrupt

googly said:

This company has receivership written all over it.

Contract in Congo is lost and big fines will no doubt ensue.

Click to expand...

Googly,

Can you please provided some hard evidence rather than conjecture?

All your posts have a negative tone, and while that is fine, there has not been any supporting evidence apart from 3rd party news reports not related directly to the company.

My god Prawn

All you have to do is google Mawson West and the Congo and Receivership and all the details come up.

googly said:

My god Prawn

All you have to do is google Mawson West and the Congo and Receivership and all the details come up.

Click to expand...

MWE may be in trouble, but you're still not providing any information googly. Just making claims as you have with no quotes or references is unacceptable. Please do so in the future. Cheers, kennas

Has anyone got any info on the mining contracts in congo or when we should expect an update??

Surely if we can determine if the contracts will not be cancelled we could expect the sp to return back to the 25c levels we had a few weeks ago.

everyone seems to have gone quiet

ACS share price ran up yesterday - MWE have 20% interest in ACS Iron Ore project...will be interesting to see if it flows through to us

Article on DRC contracts titled DRC Katanga governor moves to reassure copper/cobalt mine investors.
Well worth the read, may settle some investors stomachs.

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=39722&sn=Detail

Looks good!! You would have to think we'll see the sp creep back up towards 23-26cents in the next week or so.

Have been following Mawson for a while, have recent events hit her hard and is it likely to see any recovery before christmas?

What's happening with this stock, it has been suspended for couple of days, and no announcement at all. Anybody heard any news?

Accidentally noticed MWE had no posting since July

Got this report in Insider Report . However I have noticed Insider Report has been wrong many times but never accepted the failure. They were recommending VRE, VCR, MRE, you name it. All fell down miserably

So please DYOR

This document shows directors have been buying but the price has been trending down thoughi

The directors have bought at 4 cents , 7 cents constantly. May be to keep the interest live and liquid


Viewing Records - 50
Date Ticker Director Volume Price Value Action
03-11-2008 MWE Mark Stowell 250,000 0.043 AUD10,750 BUY Director Activity Chart
22-10-2008 MWE David Frances 400,000 0.050 AUD20,000 BUY Director Activity Chart
22-10-2008 MWE Glenn Zamudio 150,000 0.052 AUD7,770 BUY Director Activity Chart
10-10-2008 MWE Mark Stowell 400,000 0.075 AUD30,000 BUY Director Activity Chart
10-10-2008 MWE Jonathan Asquith 100,000 0.075 AUD7,500 BUY Director Activity Chart
12-09-2008 MWE Glenn Zamudio 100,000 0.130 AUD13,005 BUY Director Activity Chart
05-08-2008 MWE Anthony Lloyd 250,000 0.168 AUD41,900 BUY Director Activity Chart
04-07-2008 MWE Jonathan Asquith 80,000 0.185 AUD14,800 BUY Director Activity Chart
24-06-2008 MWE Mark Stowell 500,025 0.247 AUD123,606 BUY Director Activity Chart
18-03-2008 MWE Mark Stowell 1,000,000 0.110 AUD110,000 BUY Director Activity Chart
06-03-2008 MWE Mark Stowell 87,500 0.135 AUD11,813 BUY Director Activity Chart
28-02-2008 MWE Mark Stowell 400,000 0.150 AUD60,000 BUY Director Activity Chart
07-01-2008 MWE David Frances 91,000 0.160 AUD14,560 BUY Director Activity Chart
05-12-2007 MWE Anthony Lloyd 500,000 0.157 AUD78,710 BUY Director Activity Chart
05-12-2007 MWE Mark Stowell 98,837 0.150 AUD14,826 BUY Director Activity Chart
31-10-2007 MWE Mark Stowell 37,500 0.250 AUD9,375 BUY Director Activity Chart
16-08-2007 MWE Jonathan Asquith 109,871 0.210 AUD23,018 BUY Director Activity Chart
04-07-2007 MWE David Frances 141,000 0.300 AUD42,300 SELL Director Activity Chart
26-09-2006 MWE Jonathan Asquith 78,963 0.177 AUD13,976 BUY Director Activity Chart
19-04-2006 MWE Mark Stowell 240,000 0.119 AUD28,560 BUY Director Activity Chart
13-04-2006 MWE Robert Smakman 100,000 0.090 AUD8,984 BUY Director Activity Chart
18-05-2005 MWE Mark Stowell 60,000 0.110 AUD6,600 BUY Director Activity Chart
20-10-2004 MWE Robert Swakman 100,000 0.130 AUD13,500 BUY Director Activity Chart
07-09-2004 MWE Mark Stowell 50,000 0.110 AUD5,750 BUY Director Activity Chart
03-09-2004 MWE Mark Stowell 91,338 0.110 AUD10,504 BUY Director Activity

Miner said:

The directors have bought at 4 cents , 7 cents constantly. May be to keep the interest live and liquid

Click to expand...

Averaging down well....

Stowell's average entry still looks to be well over the .10+ mark. eeeek.

This one looks particularly painful:

Mark Stowell 500,025 0.247 AUD123,606 BUY Director Activity Chart

Hope he does know something, otherwise it's cat food....

What are people doing with their holdings in this now the company is going to delist?

How will future value ever be realised?

I sold mine on the day they announced the proposed delisting.

Lost quite a bit but the last thing I wanted to do was hold an unlisted stock.

Another tax loss for this year...LOL

Hi never had this happen before I have 20k MWE what happens once they de list. Is that just thanks for the donation or is there some way to recoup the cost of the shares???

Your shares still have some value although I have no idea how you would go about selling them off market.

Mawson seems confident they will continue as an exploration company so perhaps if they come up with the goods some time down the track, they will relist.