Spight
02 Feb 2018
RNS Yehaaaaaaaa
Innsightful
26 Jan 2018
2p next week IMVHO....
Innsightful
22 Jan 2018
Re: Not my post /Thankyou Pedro A pretty fair summary of WTI and worth the wait for longer term holders.....
Spight
21 Jan 2018
Not my post /Thankyou Pedro Should be an interesting week with the Kitumba vote and probable purchase getting closer.Lots of good posts on the the London South East bulletin including a great post copied below on a timeline of events that WTI have in store. Credit and thanks to pedro57 for the following info.[link] 17:45 Price: 1.65pedro57 73 postsRE: Strong catalyst timelineWe are looking at a very strong catalyst timeline here: 1) Intrepid Mine EGM approval of Kitumba sale (this sale is very likely to go ahead as Intrepid Mines does not have the ability to develop project and they will pay special dividend from the disposal). 2) 121 Mining conference (we should have new presentation and more detail on Kitumba). 3) Interim results in Feb-Mar showing possible profit and better than expected cash situation. 4) End of March (possible restructuring of Orion loans reflecting Tschudi performance and potential small cash payment). 5) Quarterly production update (forward hedging of currency and completion of leach pads will mean decent C1; I also suspect Tschudi expectations are being lowballed). 6) Logiman exit (in next week large Logiman seller will be done stopping the drag on share price). My expectation is that by the summer we will be at 4p level, which was key resistance level a few years ago. Next year 10p or even earlier if most important catalyst converts, quarterly production update in July with confirmation that small change in procedure and full leach pad performance C1 cost for Tschudi is somewhere between $4,000-4,500. Another key catalyst is South African budget in Feb where dire state finances cause drop in ZAR (this is what caused early 4Q17 Rand collapse).
Spight
19 Jan 2018
Re: baron BARON DAY TRADING BELOW
Spight
19 Jan 2018
baron SmallCappy#WTI Current price just over £15m. Think it highlights again just how far this could go. The potential has also been highlighted for bringing back Centrals Ops too for $10m (10,000tonnes/annum with a 10 year LOM at $2/Ib). Copper going higher would result in many multiples up
Spight
19 Jan 2018
RNS Yehaaaaaaaa [link]
kbxc
22 Dec 2017
Merry Christmas Cu +$7000 This morning Cu was $7,008 on the LME and stocks reducing. We have seen some good movement over the last week and all we need now is a steady stream of good news over 2018. Crucial will be the payment of the loans on the 31st Dec. I must admit I am struggling to see how Weatherly can come up with $20M+ but if they do it will almost certainly mean that C1 is under control. I suspect they will pay some but not all as even a C1 of $4000 with the hedges wouldn't generate enough cash. My wishes for 2018 are loans paid on time, C1 around 4K and CO opening. Then we will be talking! Happy Xmas and the very best luck for all in 2018.
banner20
21 Dec 2017
Re: WTI back to life.... Great, the LSE chat board is more active than here so its useful to have a look over there also. The outlook for copper is looking really strong. I have been invested "stuck" in WTI for several years now. My average is now just under 8p, so although we have a long way to go I'm fairly confident we'll reach that point and more. Previously around 2009 the SP went from below 2p to 14p in about 2 weeks.
Spight
21 Dec 2017
Re: Copper investing news.com/daily/resource-investing/base-metals-investing/copper-investing/copper-forecast/z
Spight
21 Dec 2017
Copper [link]
Spight
21 Dec 2017
Re: WTI back to life.... I am hereFantastic week
banner20
21 Dec 2017
WTI back to life.... Hoopefully this BB will follow suit!
kbxc
16 Dec 2017
Kitumba Hi everyone. Here are some facts on the Kitumba project from Intrepid. It is an underground mine with a low estimated C1 of $3500 ton based on Intrepid's work. BUT we all know about BFS's so maybe assume $4000. That said it is a rich deposit at over 2% so maybe ok. Their estimation is a build cost of US$433M and LOM of 13 years based on 37K TPA. I would like to think that Weatherly could make some saving here based on their experience with SXEW and the safe mining project at CO. So potentially this gives Weatherly a total CU production of 60-80K PA for the next 10 years plus. Therefore once the Orion debt is sorted we could see a very very profitable company $150-200M PA. And share price 15-25p or a strong takeover target. Not to mention the Zambian exploration licence. So those nice folks at Orion obviously see the commercial end game of owning 25%! Sit tight my friends and you just may see the water turn into wine! A £1K stake now could be worth 20x that in 2-3 years. BTW the real strong point about this is the confidence that Orion has in the team!
kbxc
12 Dec 2017
Re: RNS This is very welcome news. It clearly shows that Orion are in it for the longer term and that they have confidence in the current management that the business will thrive. Add this to getting the open pit under control and new output from central operations and we have a sustainable business. Current cu price is still based on short term thinking. We only need one interruption in supply in what are very unstable parts of the world both politically and geographically and I think $7K plus is realisable. All we need now is for the good news to come steady and often and we will fly. I see no reason why we shouldn't see 2p + with a better operational report. Many thanks to Craig and the team for making my Christmas and hopes for 2018 a little better than last year!
