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rns
0.224
Ramnik, The reason it is quiet is because people have taken their positions waiting for the main news to unfold. I expect we will hear imminently on the Kitumba transaction as the deadline on the seller (Interprid) to pay property transfer tax is 18th May, otherwise the approval of the Mining Ministry is revoked unless there is an extension granted to the deadline. The strategic review has been given 6 months to complete. Those selling and buying now are small time punters chasing their next trade as the big holders are all locked and loaded.
Additional studies will be conducted to determine how water management costs may be reduced and how inflow rates for mining beyond Pit 5 can be best predicted in order to assess what portion of the balance of the current reserves can be economically mined.� These studies will be completed ahead of any decisions being made. Orion Loan Repayments Further to the Company's confirmation on 3 April 2018 that it had rescheduled debt repayments that were due on 31 March 2018, Weatherly confirms that remains unlikely to generate sufficient surplus cash to meet all loan repayments when due, particularly in the near term, and continues to be involved in negotiations with Orion to agree a long-term restructuring of the Company's secured debt facilities, which includes instigating the strategic review announced by the Company today.�
All the large holders are revealed.Now we wait!!
Last week this share was very actively traded with heave buying & selling volumes & quick up & down fluctuations. I wonder why it has gone so quiet today!!!!!
With 50% spread it is difficult to decide whether to buy or not!!!
Spread was hugh though some 25%, so one again stifled trading. MMs are playing this whilst there is uncertainty, and obviously making a mint!
Robust when zinc was $2000/tonne.What do you think it will be if Zinc increases its price to around$4000/tonne.Oh the fact that it is above 3000$ means what exactly?
52 week high $7200 a 5% increase and we are above that price.A 10% increase and we are above $7500.A15% increase and we have breached $8000/tonne.I am in and expecting a very interesting read when the strategic review is written. C1 costs are sub 5500 so a potential surplus of $2500+/tonne 17000 tonnes and revenue is $42M+/ annum!!!
like all others AIM shares .any good news than the price will start to rise if no news it will stay here
Jess I have my thoughts but what are your thoughts? How long have you been invested and why did you invest in Weatherly.Did you do much research prior to investing.
Jess - you'll hear all kinds of nonsense - 2p, 3p. to the moon and beyond. Pay no attention. But I feel quietly confident that this company isn't going down the Swanee in the immediate future. Good luck to you, with this and all your investments.
The RNS and holdings details today, what are you thoughts on share price and what can we expect it to be?
Akramms.My thought exactly as thst purchase will be 0.5% of the company
12.7k at 0.27??????
4.7m BUY Looks like large holders still buying
Good luck. Wonder if there any more announcements today
So around 50% of holdings announced now and no announcements from the executive.Interesting to see large holders increasing their holdings also. Price of copper on the rise today now 3.13$/lb. Remember Berg Aukus was deemed robust when the price of zinc was 2000$ Zinc is now above 3000$. Wouldnt risk buying more than 1M mind as still high risk here IMO.No prizes for guessing how many I Have!!!
Great news
.26-.3
More holding
.25-.30 hold your golden ticket,high grade copper...
2(-30