Johnsevtwo
21 Aug 2017
Historic moments ! WTI being bought at a penny ! NOT AS BADLY PLACED AS BANNER 550% WILL DO FOR ME- BUT PLEASE HURRY UP AS I AM 88 ON WEDNESDAY---ON TOP OF EVERYTHING ELSE MY SHIFT KEY HAS STUCK.
banner20
21 Aug 2017
GLA holders! After 5 years in the wilderness, there seems to be some life in this old dog yet! Only 1,200 % to go and I'll be back at my average of 12p! but I do seriously remember when this went from around 2p to 14 p in about 2 weeks!
Spight
18 Aug 2017
Copper [link] my post
helium1
18 Aug 2017
Re: Question Sorry forgot link to August 2017 presentation...getting nearer that E wheel chair!!H1[link]
helium1
18 Aug 2017
Question Being asleep with this bottom draw share...my bad....has anyone more up to date noticed any difference (additions/changes etc) with the August 2017 presentation.?I notice that with the two mines in Namibia under care & maintenance that a Capex of 10m is required for a C1 2$/lb basis....If and only if they can control the C1 costs on their central ops and Cu price is reasonably at current levels and above will they then consider re-opening the mines in Namibia (basically getting central ops under good control).Any thoughts?Current price spot 2.941 +0.003 +0.10%09
43 GMT - Real-time CFD Data. Currency in USD All the bestH1
helium1
17 Aug 2017
Re: Current price the time it gets somewhere near my break even after costs it will have to be 5.5pMaybe I should be looking at electric wheelchairs rather than E cars!!....but anything that helps it go in the right direction is great.Cu spot just eased off a touch...lets hope it finds a moderate level (circu 2.88 - 2.92) and keeps the gains...then see if this continues above 3All the bestH1
kbxc
17 Aug 2017
Re: Current price I agree the movement in cu is impacting this. However I think there is something else at play. Given that a good deal of the next years production is hedged at 6k the current price isn't the only factor. Looking at the trades of the last few days someone is buying big. So fellow punters hold on there and you might just see some value returned. If Craig can get the c1 cost to near 4K and open central ops again we could see real movement.
Johnsevtwo
16 Aug 2017
Current price Many moons ago these were 15p. How many electric cars do I need to buy to get them back there ? Estimates will do,!
helium1
16 Aug 2017
Current Price Well current price is on the move up 2.952 +0.069 +2.39%14:15:23 GMT - Real-time CFD Data. Currency in USD Been here for years...just checking in on a bottom draw share...hope it continues...unfortunately not able to av down...H1
vik the ram
16 Aug 2017
Re: Continued increase in activity Electric cars are for the future but, with the price chart for copper in a pronounced uptrend from around $4,500 to a two-year high of $6,400, chart following investors will be jumping in to add to Chinese demand, the largest influence by far. If the price reaches £7,000, we may start getting less pessimistic statements from the company and, if the price recovers to the 2013 level north of $8,000, there will be light at the end of the tunnel
amalthaea
16 Aug 2017
Re: Continued increase in activity Johnsevtwo,WTI is highly geared to the copper price. If copper braks $3, this could easily get into single figures. Look at the copper price chart back to 2013 and you can see the potential, especially with everyone wanting to make electric cars. Multibagger in the making.
dhymeri
15 Aug 2017
Re: Continued increase in activity There's life in the old dog yet! Basically this is priced to go belly up, but it looks like its fortunes are on the turn, particularly due to the coppper price due to continue its upward trajectory.
Johnsevtwo
14 Aug 2017
Continued increase in activity Does anyone know of the reason for this, other than the higher Copper price of the last few weeks.
Innsightful
02 Aug 2017
Re: Rise today Blimey.... Just thought I'd check in and looking a bit more positive...Keep the costs under control Craig.Inns
kbxc
28 Jul 2017
In the longer term Those of us - are there any others left? - that have been around a while will not be surprised by the rollacoaster announcements of 2016-17 fiscal year. Today another disappointment with C1 costs getting silly. Indeed, the BFS looks like total Webster fiction from C1 to $ exchange rates. However, I do still have confidence in Craig and it is a real shame that external factors have impacted his record so badly this year. I am not the only one to have faith. Orion today have loaned the company another £10M. This is a big positive for the longer term. While there are massive hills to climb I can't help thinking that today's figures are pulling all the bad news into 2017. The pattern of stacking etc. also seems to indicate this prudent move. So I still hold faith in WTI as a longer term 4-5 year investment and I am sure Orion do too. Copper today is nearing $6500 ton. If Craig can get those C1 costs under control and start central operations again the debt can be managed and the picture will start to look very different. Copper is also a finite resource and the world is going electric engine and battery mad both of which need good qualities of copper. So my view is still positive for the future and I will top up where prudent to do so.
