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EXCLUSIVE: Alastair Smith, Avacta Group CEO gives an Operational Update


Wolf Minerals Share Chat (WLFE)



Share Price: 2.15Bid: 2.00Ask: 2.30Change: 0.00 (0.00%)No Movement on Wolf Minerals
Spread: 0.30Spread as %: 15.00%Open: 2.15High: 2.15Low: 2.00Yesterday’s Close: 2.15


Share Discussion for Wolf Minerals


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Blitz01
Posts: 27
Opinion:No Opinion
Price:2.15
RE: Bad Chat
Today 11:23
Wouldn't there be shipments to WBH on top of the GTP US shipments or have Wolf stopped sending to Austria completely ?
 
richam
Posts: 222
Opinion:No Opinion
Price:2.15
RE: Bad Chat
Today 00:00
With "revenues" I mean revenues on an apple-to-apple basis, i.e. adjusted for the concentrate that was "given away" or "missing" during Q2.
richam
Posts: 222
Opinion:No Opinion
Price:2.15
RE: Bad Chat
Wed 23:57
Devon,

currently shipments to GTP during Q3 account for 368 tonnes including the last one arriving 17/09/2018 (38.875,5kg). At least this is what I gathered from public sources.

I'd love to learn how you arrived at 440t? And why would it be 500+ for the first time? Q2 was 584 tonnes and Q4 was 583 tonnes (GTP deliveries data as collected by US customs and published by Panjiva as well as others).

All shipments during the last 6 weeks were for 2 containers only. No matter how hard I "keep watching", shipments keep lagging. I expect a further 4 shipments before the end of the quarter. Should these continue to be 2 container shipments, we would end up at around 524t for the quarter.

Gents, life's not a picnic. As I understand it, this is an investor forum, not a cheerleader forum. I report numbers as they are being published. I certainly won't make up better numbers to please the feel-good gang. I expect revenues to decline vs. the preceding quarter due to roughly similar tonnage but lower prices and that doesn't bode well for the October deadline IMO.
Mr.B
Posts: 2,077
Premium Chat Member
Opinion:No Opinion
Price:2.15
RE: Who
Wed 12:11
It’s all I could afford :)
MadDave
Posts: 67
Opinion:No Opinion
Price:2.20
Who
Mon 10:20
bought 2 shares for 4p?
Richardkaz
Posts: 2,732
Opinion:No Opinion
Price:2.20
Bulent
Fri 21:28
blitz the guy is a nasty piece of work don't waste your energy on him.
Richardkaz
Posts: 2,732
Opinion:No Opinion
Price:2.20
Bulent
Fri 20:26
Nice one Bulent you've really shown your true colours. oh dear! Using the C word, have a word with yourself.
Bulent74
Posts: 803
Opinion:No Opinion
Price:2.20
RE: Devonmaid
Fri 15:34
Your question is baseless Ajok.... first bring to the table why in October you think the company will need more funding? I am not saying it will not but at least give us your reasons? If you think it’s a failure then sell up at a loss and move over to Wres where you can at least be Guaranteed a loss!
Ajok
Posts: 613
Opinion:No Opinion
Price:2.20
Devonmaid
Fri 10:46
I’m with you 55k down really want this to succeed,But after a couple years of mining it’s not happening .And I can’t see how there going to turn it round,Who is going to throw more money at this in October to keep it going.
Devonwolf
Posts: 146
Opinion:No Opinion
Price:2.20
Bad Chat
13 Sep '18
Yes Devonmaid and Hope 69, everyone has had enough of the negative, abusive comments from the few which I am sure put off the many from posting. The only way is to ignore them.

I am also a long term local investor and want the mine to reach its potential, but the last 30 months have been nothing but pain, and there could be more to come until the debt situation is resolved in October, or production increases.

Richam if you are still about - On the production point I make shipments from July to 10th September approx 440 tonnes to GTP, and with possibly 3 shipments still to come before the end of this September quarter we may get to 500+ tonnes for the first time. Any thoughts on this.

The APT price has steadily dropped from the $350 per mtu at the start of July to around $285 per mtu now (20%) so will impact on Wolf income, but if production does increase by say 10 - 15% this would compensate for the price drop.
Blitz01
Posts: 27
Opinion:No Opinion
Price:2.20
RE: Hope
13 Sep '18
36 years of life left ? Who told you that Devon, or is that just you're optimism showing mate :-)
telemarker
Posts: 346
Opinion:No Opinion
Price:2.20
Ormonde update
13 Sep '18
Commissioning of the process plant is now due to commence at the start of December (compared to previous guidance of end-September). The current commissioning plan sees first production of tungsten from the beginning of February 2019.

https://polaris.brighterir.com/public/ormonde_mining/news/rns/story/rgd85vr
devonmaid
Posts: 119
Opinion:No Opinion
Price:2.25
Hope
13 Sep '18
Thank you Hope69, I have been invested here for many years and as a local to Devon I really wan this to succeed. Currently sitting on an £80K loss but still think that with 36 years of mine life ahead I may still make a profit one day. Madness? Maybe, but if you don't have hope for better times ahead then why stay?
TheWolfofGL3
Posts: 44
Opinion:Strong Buy
Price:2.25
RE: Why this bad chat ??????????
13 Sep '18
This is more like the information that I wish to read. Plus obviously relevant factual data. As Hope69 has stated this was always going to have a long timeline to fruition, admittedly I thought we would see more positive figures by now, however patience will see profit. Thank you again Hope69 as your comment comes from the heart of the community which is our eyes on what is really happening.
Hope69
Posts: 4
Opinion:No Opinion
Price:2.25
Why this bad chat ??????????
12 Sep '18
I actually cant understand why all the bad chat are still going on from so called investors ???? Genuine investors, workers and local community actually want to see this mine succeed it is in all our interest. Please gentleman lets take a long hard look at actually what you put down on this Chat line . This is from a very annoyed local investor who wants it to bloody succeed. This mine was always going to be a long term viable project but like everything can have issues along the way !!!!!!!!!!!!!!!!!!!
Ajok
Posts: 613
Opinion:No Opinion
Price:2.25
Deramper
12 Sep '18
Also I’m only stating the obvious the mine is a lame duck, Nothing would please me more for it to turnaround.But the crunch will come in October if they can refinance.
Ajok
Posts: 613
Opinion:No Opinion
Price:2.25
Bulent
12 Sep '18
Thought you had sold out ,Why are you still hanging around like a bad smell do Us a favour and p....s off.
Ajok
Posts: 613
Opinion:No Opinion
Price:2.30
Gold
11 Sep '18
Need to find gold diamonds then not sure it would be enough to pull this lame duck round.
devonmaid
Posts: 119
Opinion:No Opinion
Price:2.40
Gold find in WA
10 Sep '18
Let us hope that finding 90Kg lumps of gold in a mine is catching. Gold fever is probably the only thing that will boost SP here in the next few months. Not as mad as you may think because one of the worlds first gold-rushes was not that far from Drakelands many years ago.
Ajok
Posts: 613
Opinion:No Opinion
Price:2.50
Doomed
7 Sep '18
We live in hope .
eggchaser
Posts: 544
Opinion:No Opinion
Price:2.50
RE: Doomed
7 Sep '18
Not invested here, I am substantially in WRES, but I do have relatives and friends in the South Devon & Plymouth area who tell me from the local news that most of the issues are the geology (clay), regular flooding and location and proximity to residential housing areas that are affecting the mines functioning and ongoing viability. Feel sorry for anyone who looks like they may lose out, hopefully won't come to that for investors and the employees sakes. GLA and hope things work out.
Ajok
Posts: 613
Opinion:No Opinion
Price:2.50
Doomed
6 Sep '18
It’s been doomed for a long time Looks like I’m going to lose 60k ,What a mess can’t see this ever being viable.Maybe if someone took it on who knows what there doing . The mines there the tungsten is in the ground,The plant isn’t performing as expected might as well throw the kitchen sink at it replace parts of plant.
Tonno1944
Posts: 3
Opinion:No Opinion
Price:2.50
RE: price of APT?
6 Sep '18
yes
Bulent74
Posts: 803
Opinion:No Opinion
Price:2.50
RE: price of APT?
6 Sep '18
Are you invested ?
Tonno1944
Posts: 3
Opinion:No Opinion
Price:2.50
price of APT?
6 Sep '18
Any views on what the effect of the decline in the APT price is going to have on the WLFE recovery plan? Will it drop further, or has it bottomed? I just don't know the answer to any of these questions!




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