There may well be wishing for a lower buy in. I cannot see it dropping much myself. We have a week before our AGM when I am sure we will learn more about the level of pressure in our little steam engine, if that info has not already materialized. Warrants holding price perhaps - are investors thinking "Do they really need that extra money from warrants?" There is very little by way of shares traded lately.
As for warrants taken up, they would not appear on the shares traded section on here/ADVFN etc as they are direct purchases. Perhaps the first we know about numbers is when a holdings RNS appears.
BMR group with Alex Borrelli at the helm , along with debt free etc , I don't follow other tungsten miners, I follow BMR ! Some will not have the same fundamentals , strategies , cash flow in place , experience and oh yes Kabwe , unique processing method , star , vanadium , so many potentials all of them etc ..... do you think some may even want a lower buy in going on their continued support (?) for BMR ?????
CoV - my thoughts are that the company puts out an RNS relating to something (my example would be WKS, Portugal, ACI and Star Zinc) which sounds really positive - but they always leave us in Limbo, without the meat on the bones and often as it they are merely 'brainstorming' ideas which do not come to fruition.
The four examples need some meat on the bones update otherwise they are forgotten in the sea swell of other updates that we get.
I know they have to report on something which may be newsworthy, however, the clock is ticking and I suspect there will be more news about other things before we know what is happening with the previous stuff.
I hope I am not sounding negative as that is the last thing I want to do, I am perhaps just frustrated.
Take care all - working in Scotland 24-25th though should have been there tomorrow but postponed. Hopefully in under a week we will have some updates, if not I would hope something comes out at AGM.
. Tungsten prices are quoted per Metric Tonne Unit of contained tungsten trioxide (WO3). One MTU contains 10 kilograms of WO3 For example - Ammonium Paratungstate ("APT") an intermediate product in the production of tungsten metal for example . Tungsten prices have surged in the past three years from around US$60.00 to the current all time highs of US$472.50 per MTU of APT.
Panasqueira is one of the largest tungsten mines in the world. It is located in Covilhã, Castelo Branco, Portugal. Perhaps you should look at where this is , what it produces and the quality .
The Ester Licence comprises 327 km2 Rns 14 Nov 2016
327 Square Kilometers = 126.255405993 Square Miles
The Ester Licence comprises 327 km2 and hosts the historic Rio de Frades (Frades) and Regoufe wolfram mines
Economically important accompany- ing metals after tungsten being the main mineral could include tin, copper, molybdenum, bismuth and gold. Complex uranium, thorium, rare earth element oxide and phosphate minerals may also be present with scheelite present .
The legacy of abandoned mines and pollution also is a problem in Portugal . The mines cover as you can a vast area and situated not far from Panasqueira.
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