Inciderboy
19 Mar 2017
Site activity I went past the site this week.There is lots of activity on the site I have pictures.
Iclaude
11 Feb 2017
Kelly Bray Mine to re-open Announcement in The Western Morning News that Strategic Minerals PLC and New Age Exploration are joining forces to re-open the Kelly Bray Mine in Cornwall as a tin/tungsten mine. An initial £2m is being ploughed into the operation. The mine closed in the 1930's but the world shortage of tin with two months worth of stocks gives reason for estimates that by 2018/19 the price should reach £30k/metric ton.The Hemerdon Mine has tin as a by-product at present but locals who have knowledge of the area say that there is a lot of tin still to be found there. This could be the catalyst to set WLFE on its way to great profits
proper pasty
10 Feb 2017
Re: Financing? SundayTraderBack yourself, your not wrong.If it quacks like a duck, it is probably a duck.PP
smilingmickey1
06 Feb 2017
Re: Financing? The debt financing is provided by Wolff,s major shareholder who has supported the Company thru thick and thin. I,m surprised it has not taken the Company private before now. There is a very small free float.Only for the brave ihmo.
Passive Investor
06 Feb 2017
Re: Financing? IMHO this is completely a play on the Tungsten price. If that doesn't improve the company is in trouble.
SundayTrader
05 Feb 2017
Financing? According to the latest update, Wolf expects a cash outflow of just shy of 20 million this quarter. There is about 14 million or so of cash and available loan facility. There is a reasonable expectation of improvements in production going forward, but it doesn't look to me like enough to reach positive cash flow without an improvement in the price received. (Sure to happen some time, but maybe just not yet.)I can't see anything announced by the company about how they plan to meet the financing shortfall. I would imagine they can raise the money, but not without issuing further equity.Maybe I am misunderstanding something in the announcements.Can anyone following this more closely than I have let me know why this share is a reasonable proposition at the moment, even at a price under 5p?
Ripley94
30 Jan 2017
Re: Spike over Got some more @ 3.5. one after showing as 3.48 buy .
Ripley94
24 Jan 2017
Re: Spike over Got Top up this morning 4.7p .. Could not buy at 4.79 last two weeks
Ripley94
07 Jan 2017
Re: Spike over Noticed Gary Newman talked it up yesterday ( 6th Jan ) on SP blog.pointed out finance company paid 9.19p in April 2016 placing.
Passive Investor
06 Jan 2017
Presentation after announcement on planning permission [link]
walrog
06 Jan 2017
What Is happening with this company/share?
Passive Investor
22 Dec 2016
Video update 29/11/16 [link]
Ripley94
15 Oct 2016
Re: Spike over Topped again @ 5.17 .. yesterday .
NFB
02 Oct 2016
Re: Suspended from trading on ASX The mine is producing a rare and desirable product which will sell itself once it is out of the rock.There seem to have been some management problems but the operation is built and the need for the material is real and growing. It seems a cheap and very sound investment, long term.
NFB
02 Oct 2016
Re: Suspended from trading on ASX Buy!+Nothing has changed; new mine, good reserves, rare and necessary product. Management of the company seems disorganised, but the product will sell itself once it is out of the rock. Seems a cheap and promising share to me.
