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Another interview - this with Commodity TV host Jochin Staiger interviewing Mawson CEO Ivan Fairhall. Twelve minutes. First topic is the mag survey findings from Rompan-Rajaplot. Also discussed - new Board member and Southern Cross in Australia.
How long can the good news continue without reaction in share price? . Need to get back to the .30 to .40 USD range and move up from there.
https://www.commodity-tv.com/play/mawson-gold-ceo-insight-on-importance-of-magnetic-survey-pea-coming-in-october-2022/
Host Staiger emphasized that the Mawson market cap is covered by the value in Southern Cross alone. Same point was made in the earlier interview with Gerardo del Real.
Some biographical material on Ivan Fairhall:
Mr. Fairhall is a chartered engineer and mine finance professional with over 15 years of mining industry experience. Most recently he was a Senior Investment Manager at Greenstone Resources, a London based mining private equity fund of US$500m AUM, investing in development stage companies with robust projects that can be funded through to production standalone. Ivan was integral in sourcing, executing and managing a portfolio of Greenstone's investments, which covered the base, precious and bulk commodities across a global mandate. Ivan represented Greenstone both on public company boards and on project level steering groups. Previously he worked in design, construction and commissioning roles, and has considerable experience managing pre-development studies across the commodity and geographic spectrum.
Strong interview with CEO Ivan Fairhall and Geraldo del Real of "Resource Stock Digest" where he described Sunday Creek as a "free" asset for Mawson Gold - meaning the value of Sunday Creek alone is equal to the current share price. Buy Mawson for the Finnish project and get Sunday Creek as a bonus with valuation to show up soon in share price. The recent drill results are highlighted.
The link and the whole interview provided in video and text form .
https://resourcestockdigest.com/interviews/mawson-gold-tsx-mawotc-mwsnf-ceo-ivan-fairhall-on-one-of-the-most-undervalued-gold-plays-in-the-space/
The concluding comments after CEO had discussed both Sunday Creek and Rajaplot District:
Gerardo Del Real: {doing the interview} Free gold, free cobalt, exposure to one of the most exciting gold discoveries in Australia. If that doesn't make the case, I don't know what does, folks. I joke about buying winter coats in the summertime. If you're going to be a contrarian in the space, which is how I've been fortunate enough to make the bulk of my money, you have to buy when no one cares. Again, I don't think I can present a more compelling case. Ivan, thank you for your time. Anything to add to that, sir?
Ivan Fairhall: No, I think we've covered it. There's a lot going on, and that's a really great time for people to be taking a lot a look at Mawson.
Today's run up probably relates to yesterday's (Aug 10th, 2022) press report of wide and decent intercept at Sunday Creek-
At 11 am CDT Thursday , Aug 11th, MWSNF up 24% to 0.1233. -- not a great share price for a stock that traded between 0.25 and 0.35. two years ago. I have pared down to a minimal holding. Be glad to see it become successful in either or both countries, Finland or Australia. But even $.50 a share won't impact me by much given meager holdings at present.
Time to buy back in or continue to watch and wait? Have been watching and waiting since the play was in Sweden only. Like the "story" but it's time to read of a path to production in the Rajaplot District. Company charts are not even showing "production" anymore - formerly they did make a forecast but for years well in the past. it's been a very long march but exploration money continues to be available.
New corporate presentation dated Aug 2022
https://mawsongold.com/assets/docs/presentations/220810-Mawson-Presentation-.pdf
Mawson is 68% owned by institutions, corporations and insiders. The Corp owners include huge Newmont -glad to see that show of interest. Sprott is one of the institutional owners and insiders own 2.7%.
Sunday Creek drill results - Australian gold project
https://www.yahoo.com/lifestyle/mawsons-subsidiary-sxg-drills-42-175700810.html
Ivan Fairhall, Mawson CEO, states: "Sunday Creek continues to deliver for its shareholders, of which Mawson is its largest. These results demonstrate the continuity of widths and grade in the Apollo shoot around the earlier spectacular result in SDSC0033.
This following segment seem like pretty old as it references a year old document.
"Details of Mawson's Inferred Mineral Resource at Rajaplot Finland can be read in the Company's news release dated August 26, 2021." Lots of drilling with no new estimated resource.
Good run up in Mawson shares over past week. Friday's close 0.10 US- MWSNF OTC up from 0.0761 Aug 1st. Article link from "ETF Daily News" on Mawson, MAW TSX and MWSNF OTC.
https://www.etfdailynews.com/2022/08/06/mawson-gold-tsemaw-stock-price-up-22-7/
There is really nothing to the article - but good to get any mention on the upside.
Survey says... strong national and local support for mining industry.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/125011-mawson-reports-strong-pro-mining-sentiment-in-finnish-social-survey.html
More on Southern Cross' strong gold intercept. Coud Souther Cross ecllipse Rajaplot? I don't think so but it's generating more news currently and may be earler to production being in an easier locale.
https://www.northernminer.com/fast-news/mawson-gold-rises-on-high-grade-intersection-at-sunday-creek-in-australia/1003842175/
MAW - Mawson on the TSX up 44% to 0.195 CDN today, Monday May 29th. Holiday closing on the US OTC. 2.9 million shares traded on TSX. .
Now to get back to where it belongs ( 0.30 to 0.40 range OTC )the rest of this week.
Market liked the strong intercepts noted from the Southern Cross gold project. Now to get some action based on Cobalt and Gold in Finland.
Mawson Gold's Subsidiary Southern Cross completes IPO and is on AustralianStock Exchange
https://www.marketscreener.com/quote/stock/MAWSON-GOLD-LIMITED-1410731/news/Mawson-s-Subsidiary-Southern-Cross-Gold-Lists-on-the-ASX-40467704/
The text:
reports that its majority-owned Australian subsidiary, Southern Cross Gold Ltd ('SXG'), has announced it has closed its initial public offering ('IPO').
Its common shares commenced trading on the Australian Securities Exchange ('ASX') on the 16th of May, 2022.
Takeaways for Mawson Shareholders
SXG has raised A$9.1 million in its IPO, bringing total raised since January 2022 to A$11.8 million
SXG Market capitalization of A$32 million (A$19.2 million for Mawson's 60.3% interest) based on the end of its first day of trading closing price of A$0.205 per share
SXG will focus exploration at Sunday Creek
10 new drill holes have now been sent for assay with results to flow as they are received
Previously reported highlight drill intersections included 21.7 metres @ 4.7g/t gold and 1.0% antimony, and 3.0 metres @ 41.4g/t gold and 12.0% antimony
Strong support of the IPO is an endorsement of SXG's Australian projects and strengthens the asset base of Mawson.
SXG has its own management team, self-funding capability and access to additional capital through its listing on the ASX.
Ivan Fairhall, Mawson CEO, states: 'This successful IPO clearly demonstrates the value created for Mawson shareholders, through careful project identification, skilled exploration effort, and considered capital markets strategizing. The C$17.2 million market cap of our SXG stake equates to over half of Mawson's total market capitalization today, and this helps us shine a light on the value upside potential of our million-ounce gold equivalent inferred resource in Finland - to be articulated with our in-progress PEA and ongoing exploration efforts at Rajapalot and Skelleftea North.
SXG is now well funded for future success in exploring its exciting new discovery portfolio, and Mawson is very pleased to maintain a strategic stake in this business. On behalf of the Board of Mawson, I thank the SXG team for its hard work and congratulate them on this significant achievement.'
About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)
Mawson Gold Limited is an exploration and development company with its flagship Rajapalot gold-cobalt project in Finland now entering technical de-risking stages. Alongside ongoing exploration at Rajapalot, Mawson holds an option to earn up to 85% in the Skelleftea Gold Project in Sweden. Mawson also has a significant majority interest in the ownership or joint venture into three high-grade, historic epizonal goldfields covering 470 km-2 in Victoria, Australia, through Southern Cross Gold Ltd, which has successfully listed on the ASX. Mawson's 60.3% ownership interest in Southern Cross is escrowed until May 16, 2024.
About Southern Cross Gold Ltd (ASX:SXG)
Southern Cross Gold holds the 100%-owned Sunday Creek project in Victoria and Mt Isa project in Queensland, the Redcastle and Whroo joint ventures in Victoria, Australia, and a strategic 10% holding in the ASX listed Nagambie Resources Limited (ASX:NAG) which grants it a Right of First Refusal over a 3,300 square kilometre tenement package held by NAG in Victoria.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/120869-mawson-nordic-drill-program-update.html
Swedish drill program begins. For first time Mawson expresses a rathet muted description of the flagship Rajaplot project. Candor is welcome but rare in mining.
When will Mawson move from a long term drilling outfit to a long term production outfit? Still appears to be years In the future. At age 77 I may not be here to see it.
Article on the need for critical minerals and cobalt s certainly critical to electric vehicles. A European source looms very attractive as attention on child labor in the DR Congo receives more attention.
https://www.energypolicy.columbia.edu/research/commentary/supply-critical-minerals-amid-russia-ukraine-crisis-and-possible-sanctions
Michael Hudson doing an April 8, 2022 interview on the Australian gold project, Southern Cross, being spun off by Mawson via an IPO on the Australian stock mkt.
Market liked this press release - Share price up 8% today, Wednesday,4-6-22, when most tech and OTC stocks are down - some quite sharply.
MWSNF .1173 at 2 40 pm CDT Wededsay. Share price still has a lot of ground to make up.
MAW 0.12
Mawson seeks funding for Aussie spin-out
TSX-listed Mawson Gold has followed through on its plans to spin-out its Australian assets onto the Australian Securities Exchange in order to focus on its Scandinavian interests, including its flagship Rajapalot gold-cobalt project in Finland.
https://www.miningnews.net/capital-markets/news/1429870/mawson-seeks-funding-for-aussie-spin-out
from the article:
The Vancouver-based Mawson is looking to raise A$8-10 million at 20c to set Southern Cross Gold free, topping up a starting $2.2 million cash position.
The company isn't looking towards the Southern Cross goldfields in the west, but to the east, where its primary focus is on its 100%-owned Sunday Creek tenements in Victoria.
It also has the Redcastle and Whroo joint ventures where it is earning 70% from Nagambie Resources, in which it owns 10%, a first right of refusal over 3300sq.km tenement package held by Nagambie, all in Victoria, and tenure in Queensland's polymetallic Mt Isa region.
The company has spent around $6 million to date, but with its gaze increasingly focused on the Northern Lights of the Arctic circle, it has decided its tenure under the Southern Cross needs a dedicated focus.
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What to read into that move? Do one thing well might apply here.
Not sure what it implies for Rajaplot/Rompas. Focus is on them then it's on Aussie Gold then back to Finland.
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Is anybody here?? Is there another more active Board for Mawson?
.
Long journey but Mawson is about to begin seriously quantifying the resource at hand and do a Preliminary Economic Assessment for the Rajaplot gold and Cobalt project.
https://www.mining.com/mawson-begins-initial-pea-on-gold-cobalt-project-in-finland
from the article in mining.com:
The study will be based on an inferred mineral resource estimated at 1.04 million oz. of gold-equivalent, contained within 10.9 million tonnes averaging 2.5 g/t gold and 443 ppm cobalt (3 g/t gold-equivalent).
Feb 22nd, 2022 press release with drill results from the Redcastle project in Australia with high grads over short intervals over several drill holes. One showing 9 grams per ton over 0.5 meters.
https://www.yahoo.com/now/mawson-redcastle-epizonal-gold-project-110000648.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMEQs2TWVhGlm7PgCZIhq4Kb5DDoYWQ5b3BS245t-w0Do9zcj8L8caX_HgZoz45UgDAihSCl4QuJN6ep1qXvmxc8M4sbya_9Il45QiPORsJ0-Dg00OHOVr_MqeuSyC-kWpZk0isBpo8g_196R1Xi2-9EkFWNFA8HH73i2jrJepT8
News of a partner, Nagambie, on the Australian gold project at the Balaclava Hill mine in Victoria
https://themarketherald.com.au/nagambie-resources-asxnag-jv-partners-delivers-encouraging-drill-results-2022-02-18/
The Finnish project is taking years to even come to a resource estimate.The Australia endeavors may outpace Rajaplot. Def an easier jurisdiction to operate inand closer to home.
From the article:
"Under the JV with Nagambie, Mawson Gold is earning up to a 60 or 70 per cent interest in the Whroo JV Property.
So far, it has spent $400,000 on exploration and paid NAG $100,000 for a zero per cent interest. To earn a 25 per cent interest, it will spend a further $500,000 on exploration and pay Nagambie another $50,000 in cash before December 2, 2022."
Mawson options up to 85% interest in Swedish gold project over ten years.
https://sports.yahoo.com/mawson-acquires-option-85-skelleftea-110000153.html
https://www.canadianminingjournal.com/news/mawson-receives-key-decisions-for-rajapalot-gold-cobalt-project-in-finland/
Key decision by the Lapland regional council is favorable for development of the Rajaplot-Rompas project. This could have been a stopper but but it gives green light to continued exploration .
Wish we'd sometime get a hint as to moving from exploration to actual mine construction and operation but company is very reticent about that after previously providing some vague guidance.
We do see a mention of a one million ounce gold equivalent resource divided between surface and underground mining. How the economics and mine life fall out - not sure. Has to be economic to proceed. Not all deposits are economic deposits.
Rajapalot 43-101 report at: www.MawsonGold.com.
Drilling results of high grade intercepts from Australian Sunday Creek Gold and Antimony project.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/112264-mawson-drills-3-0-m-41-4-g-t-gold-and-12-0-antimony-within-11-7m-12-4-g-t-gold-and-3-6-antimony-in-deepest-hole-at-sunday-creek-victoria-australia.html
Funding from share offering nets 5.5 million to further exploration and general expenses.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/112156-mawson-gold-closes-c-5-5-million-public-offering-of-common-shares.html
More on the divestiture:
https://finance.yahoo.com/news/mawson-plans-ipo-asx-gold-110000300.html
As I read it current Mawson shareholders will receive shares on the ASX of the new entity. Not so handy in my TDA acct where such shares will incur extra brokerage costs I believe.
Monday's trading - 11-29-21 MNWSN of 0.116 USD down 12.6% at 11 am CST
No joy in Mawson's corner today, Monday. Fallout from the market jitters over renewed COVID or reaction to divestiture of the Australian properties? Or something not yet generally know.
The chart shows twin peaks around 0.18 in both October and mid November but both peaks saw rapid returns to a base line around 14 cents and today a continued fall off to just under 12 cents. Bargain time or bailing time or holding time? For me holding time but I recall prices much higher than t his as a baseline. For a while the share price moved back and forth from 30 to 40 cents - either one looks good at current 12 cents.
Any assessing the divestiture of the Aussie Gold properties?
CEO Ivan Fairhall in video interview on Mawson's properties in Finland.
This is second time Mawson has divested from a holding to concentrate on the Finnish gold property. Abut six or eight years ago they spun off an operation in I believe Sweden and I received shares in another entity which I later sold Sounds like that will happen again - I hope at a profit to Mawson.
I found this document from 2012 which exlains the details - I was parlty right but more wrong than right. There was a uranium operation in Sweden but the spinoff was a Peruvian property renamed Darwin after the spin-off.
There's more but to me to bottom line is this long time of exploring Rompas - ten years now and drilling always leads to more drilling - the patience of Job is needed here and the corporate presentations no longer even hint as a construction and mining date -still 3 to 5 years or and indefinite "more" . I have myself divested of most of my Mawson holdings in favor of what I feel are projects closer to revenue.
Here's the link to the February 2012 document explaining the major events of that time period. "Everything old is new again." Spin-offan acquisition and concentrate anew on Rompas/Rajaplot and drill, drill, drill. Managers do well at keeping a few investment groups interested.
https://mawsongold.com/assets/docs/financials/MAWMDAFeb29-2012.pdf
Mawson to spin off Australian gold operations:
https://finance.yahoo.com/news/mawson-plans-ipo-asx-gold-110000300.html
From the press release...
Mawson Gold is pleased to announce that as a result of an internal strategic review of its asset portfolio, the Company has decided the optimal pathway to maximize shareholder value is to spin out its Australian assets into a new entity, Southern Cross Gold Pty Ltd. ("Southern Cross") via an Initial Public Offering ("IPO") for admission to the official list of ASX Limited ("ASX" or "Australian Stock Exchange"), which will allow the Company to focus on the development of its 100% owned Rajapalot gold-cobalt project in Finland and to expand its operations in that region (the "Spinout").
The proposed Spinout will establish Southern Cross as a new ASX-listed gold exploration company, with its own experienced board and management team. Southern Cross is an Australian-incorporated company and currently a wholly-owned subsidiary of Mawson.
CAD 0,75 - Rohstoff-TV Germany!!!!!!!!!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/110417-mawson-drilling-under-the-balaclava-open-pit-at-whroo-victoria-australia.html
Details of action in Australia with full account of the agreement that can lead to a 30/70 JV. That would happen in stages over several years with Mawson footing exploration expenses and making cash payments - pretty standard n the mining world.
Drill program also described and a couple of favorable intercepts of 6.1 and 5.3 g/ton so far. The Whroo agreement is with Nagambie Resources Limited.
Good accounts from two projects hemispheres apart. North vs South and East vs West. Finland and Australia. The revenue horizon is still years out but substantial gains in share price likely well before any construction based on a GO decision and financing to commence.
WOWWWWWWWWWW - FRANKFURT - GERMANY - PLUS 35 %!!!!!!!!!!!!!
YESSSSSSSSSSSSSSSSSSSSS WE ARE ON A FANTASTIC WAY!!!!!!!!!!!!!!!!!!
NEWS FROM AUSTRALIA - WE START IN WHROO - VICTORIA - A FANTASTIC FAMOUS OLD GOLD AREA!!!!!!!!!!!!!!!
CAD 2 UNTIL MARCH 2022!!!!!!!!!!!!!!!!!!??????????????????
CAD 1 UNTIL CHRISTMAS!!!!!!!!!!!!!!!??????????????????
1000 Bagger Report - very exciting times in the next months until June 2022!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Gold price $ 2.500,-- until Juni 2022!!!???
10.000 % until 2030 with gold, cobalt, silver and more from Finland, Australia and America - my opinion!!!!!!!!!!!!!!
Mawson Gold = huge ressources plus huge potential for the future!!!!!!!
In the last days big orders in Germany!!!!!!!!!!!!
MAWSON GOLD = GOLD FOR INVESTORS - TEN-BAGGER 2022!!!!!!!!!!!!!!!!
STRONGGGGGGGGGGGGG BUYYYYYYYYYYYYYYY!!!!!!!!!!!!!!!!!!!!
Rajapalot is a significant and strategic cobalt resource!!!!!!!!!!
MAWSON GOLD = MAWSON COBALT = HUGE MARKET E-MOBILITY!!!!!!!!!!!!!!!!
CAD 2 - 3 UNTIL END OF THE YEAR 2022!!!!!!!!!!!!!!!!
STRONGGGGGGGGGG AND LONGGGGGGGGGGGGG!!!!!!!!!!!!!!!
TOP MANAGEMENT - TOP GOLD-COBALT-RESSOURCES - TOP SUPPORT FROM THE GOVERNMENT IN FINLAND - COBALT FOR THE EUROPEAN E-MOBILITY - PLUS PLUS PLUS!!!!!!!!!!!!!!!
In my opinion MAWSON GOLD is a TENBAGGER!!!!!!!!!!!!!!!!!
There are high gold and silver treasures in Australia and Finland is a real gold mine!!!
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