Re: Update on Company Here is a report on one of its competitors.It's all about the Tungsten price![link]
Re: Update on Company Good find Passive Investor.After watching this share for some time, I decided to buy a few today.Good luck all. J.
Update on Company Quite and informative document - [link]
Re: Radio four feature Yes it all depends on the price they can get in the market to which profits are highly geared. If cost of production is £0-99 per unit and you get £1 you have a penny profit per unit. If the price goes up 10% to £1-10 you have an 11p profit. Consequently the share price is in turn is geared to the ore price. The decision as to whether to continue holding depends on what you think the ore price will do. The management are probably in no better position to predict this than we as shareholders are.
Re: Radio four feature Spin.... it may be the 2nd biggest mine but if no-one is buying the stuff in the ground....etc.etc...
Re: time now tell Also down over 60%, like you I live in Devon & supporting a local company , it would be good to get some feedback from Wolf as to how they see the market and the future mid term .
Re: time now tell I'm not sure the general manager would be able to help. Surly the drop is just down to the market conditions? There has been a rapid decline in commodity prices and I don't think any mining company is doing well with it's share price. I'm down 50% but just plan to wait it out along with my other mining stocks. I think in the kind of market we are in at the moment you're better off just not looking at the share price too regularly until things calm down a bit.
Re: Radio four feature Decisions decisions do I top up with more !!,....hhhmmmmm
Re: Radio four feature One would think that being nominated as the second largest tungsten mine in the world would have a positive effect on the share price. Who am I to question the vagaries of the market !
Radio four feature Good airing on Radio 4The second largest Tungsten producer in the World wow
Radio four feature A lengthy feature on Wolf this PM time approx 17:50Regards
China scales back production It looks as though China is scaling back production hence 5% lift in price today?
Re: can someone please let us know whats hap... this might help you to make an informed judgement on the tungsten price needed for this operation to be viable.[link]
can someone please let us know whats happening here Falls of over 50% since the mine has opened What is going on Wolf please tell us whats going on we are the mine owners
Re: Re: no.read the DFS