BOWOOD
12 May 2017
Scoping Study Excellent Scoping Study - should put some value on the SP
BOWOOD
05 May 2017
LSE LSE posters seem to be upbeat and its a pity there is little interest/thoughts here.
BOWOOD
04 May 2017
Buys The last three were buys - good for tomorrow.
BOWOOD
02 Apr 2017
Scoping Report This is due within the current quarter. Will anyone speculate on what this is likely to be like and what the effect will be on earnings going forward. I guess the survey will be fairly positive as there must have been confidence to commission it. I've been here for some time and now feel the resourse market is on the up and that WAFM and its shareholders will both benefit we have the cash to progress the business or even make an acquisition.
BOWOOD
23 Mar 2017
Scoping Elviron1, picking up on your post a few weeks ago WAFM said they expected results during the second quarter of the year and we now approach that period. With the price of Iron Ore much higher any upbeat report could have a significant and positive impact on the sp. The cash they hold means that any funding is not a concern so the coming weeks are set to be interesting for all investors perhaps even a predator.
BOWOOD
16 Mar 2017
Weakness Not sure I understand the weakness in the sp. The copper and iron ore market is showing an increase in prices so WAFM should benefit. Also we have a fair bit of cash for acquisitions.Still cheap under 5p IMO
BOWOOD
18 Feb 2017
Copper Copper could be a good buy so says the Mail
BOWOOD
17 Feb 2017
Re: Sector Ticking up on small buys and a big spread. Anyone know anything?
BOWOOD
13 Feb 2017
Sector The whole mining sector is showing to have a lot of interest at the moment as the cycle moves back into its favour. And I feel WAFM which is highly operationally geared will benefit massively and may well be looking for an acquisition with its cash holdings.
BOWOOD
10 Feb 2017
Selling A bit surprised to see it falling away. Plenty of potential here. not only for what the have in current licences but for the potential for the cash they have.
BOWOOD
25 Jan 2017
Buying Plenty of interest in this normally quiet stock so someone may know something we don't. An acquisition perhaps or even the finding of Lithium? But something seems to be brewing.
BOWOOD
24 Jan 2017
Iron Ore Iron Ore and Copper on the way up and with WAFM being highly operationally geared revenues will begin to wash over costs and make an impressive hit on the bottom line. Also they seem keen to bolt on acquisitions with the cash they have in the Bank. Its all about timing but with the sector now more on the radar than for some time WAFM could be a good place to be - once any positive news breaks the current 3p-4p will be left well behind.
Elviron1
22 Dec 2016
RNS discussion this is a really positive RNS on two fronts:1) Really low cash burn - £130k in 6 months! That leaves an extremely healthy £3.44 million in the bank.Again, the management aren't off blowing it on any old rubbish project that comes their way - nice to see.2) More exciting is that there is the first sign of movement on the Sanaga front, in the form of a scoping study on the production of iron ore pellets. The key thing here is that they would probably not have bothered doing this study if iron ore was still sitting at $40-50/tonne. My guess is that the iron ore price is getting pretty close to interesting levels again and they want to have an independent study done to work out exactly what iron ore price they need to start making some serious bucks from this project.I take the holding off from supplying the local market route as a third positive, since it's clear to me that they think if they wait a bit longer they can get the real prize, which is exporting it.
nat81
11 Dec 2016
2017 am expecting iron ore will shoot up even higher, as many analsyt predicted for 2017. Trump will also do mega projects in US to support higher iron ore price.WAFM has large reeserves and strong cash, and hence, agree that 10p is the min we are expecting here soon. could well go far beyond 20p-30pback in 2012, we were well above 80p !
Elviron1
10 Dec 2016
Re: Rocket fuel " Is the rise on the back of market factors or WAFM specifics?"Both I would say:1) Iron ore price significantly perking up and must be getting towards the GO threshold.2) well managed company, with plenty of cash, a great resource with low CAPEX.Just need iron ore a touch higher and BOOM, you may get your money back!
