Wolf Minerals - WLFE Stream Log

War is great for tunsten prices, that why the times that hemerdon has been operational are WW1 and WW2

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I hope not many people use t for investment advice- what it does is allows people who have never heard of it to do some research and realise this is a great opportunity

The other is New Age Exploration (ASX), at Redmoor, although they are many years off, as they have put off any work on it while they concentrate their resources on the Lochinaevar Coking Coal project, on the Scottish Border.

Ideally we ned a rising tungsten price to offset the strengthening pound. The bottom line is the companies cost base is sterling and their income is US $

I do find it amazing, people sinking their money into mining projects without understanding the industry!

No for several reasons: - Firstly the NPV is the return on the development cost, which is approx £100m. The capital cost is being funded largely by equity as opposed to debt, which will remove a large proportion of the interest charges in the earlier NPV calculations, thus increasing the NPV substantially. Secondly the NPV is based on the cureent reserve base, with the company already planning to extend the mine life by increasing the pit area and going underground, all of which requires little work to the main capital expenditure - the mill, so there is potentially significant value to bee added there and that is before the company acquires other projects. Remember RioTinto started with one mine......

Theres nothing to stop anyone buying on the ASX, there are a number of brokers that offer the service.

By the EGM, I reckon it will 22pps.

Judging by some of the comments on here over the last couple of days, some people don't seem to understand what they were getting themselves into. This was always going to happen and should be a surprise to nobody.