New Capital
Contrarian, deep value, long/short equity, special situations

Mawson West Trades At 1x 2015 Cash Flow With A Clear Catalyst In Sight

Investment Thesis

Mawson West (OTC:MWSWF) is an Australian company with copper mining operations in Democratic Republic of Congo. Mawson is due to commission its new Kapulo mine in Q4 2014 and should generate operating cashflow of c. $40m-$50m in 2015 from this mine alone at current copper prices. The company currently trades at EV= $45m, meaning that company is trading at 1x2015 operating cashflows of Kapulo project. Timely commissioning of the plant as well as early production results are clear near-term catalysts that are likely to boost the share price - with upside up to 90%.

Readers should do their own research before investing as all risks relating to junior mining companies with operations in Africa and strong...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details