Member Info for Billthebank

Latest st 250k shares.I just have a feeling someone is building a position here? Time will tell

Of 100k shares buys going through!!!

These humanisdd mice are exceeding expectations.Personally am expecting more good news flow here and 7.5p in fairly short order.10p tbis year will depend on newsflow.GLAHs

I must be blind Cant see any buys!!!!

The thing is ramnik we now just have to wait for the next announcement. IMO a valuation at under £2.5M seems crazy and none if our large holders seem to have changed their position. Perhaps the wide spread is to flush out somexstop losses? Time will tell if we have got this one right or not

Yeah seen it now. First sale I have seen.Bizarrely sold10M shares reducing holding to 20.25M then bought 500k shares all at 0.2p.Weird!!

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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!!

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!!!

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.

Akramms.My thought exactly as thst purchase will be 0.5% of the company

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!!!

I wonder if Polo may be interested in Kitumba? Wouldnt ghat put the car amongst the pigeons Actually even Berg Aukas?

Garyn.Dont be so condescending. Knowledge comes with maturity.You clearly have knowledge but do you have the wisdom to go with it Clearly not.

Anyone looked at that? When the PFS was done on this when the price of zinc and the price of lead was $2000/tonne it was evident that the project was robust. Have a look at the report. We are about to hear re the licence extension from Namibia. Lead is now $2300 and zinc a shade under $3000 So if it was robust then it certainly is now. The cost of getting the mine up and running was around $15/24M and there is a tax loss in there of $2M Talking about tax losses there must be around $15M in tax losses re Weatherly So who would want to buy Weatherly? With a large debt I can't see anyone wanting to buy the company However maybe Orion have written a lot of this loan off already so could be attracted by an offer partic as LOM has been shortened substantially in the last month. So lets take that int consideration. With the price of copper in the next 12 months say averaging at $7500 and Tschudi producing 17k tonnes and C1 costs say at a conservative $5500 the revenue available amounts to $34M so I reckon Orion would be happy to go with a five year plan and who knows what else would be acceptable to them Some are saying that Orion aren't interested in the shareholding value in WTI well that may be the case but I very much doubt it. At present the company is valued at �2M but an agreement with Orion could quickly see the c/v rise to �30M and all of a sudden maybe Orion would be a lot more interested. Can Weatherly find a jv for Kitumba? Now wouldn't that be interesting if that happened? As for Berg Aukas. All about extending the mining licence from 2019 We should hear soon! Of course we have some mothballs of our own also This share has plateaud and now we await the announcement of the strategic review. That will tell us if they have managed to maximise shareholder value as they intend to do!! Patience is a virtue.

Orion may only have Tschudi as security for the debt but Weatherly would still owe the money to Orion even if unsecured.A moot point I feel. The bottom line here is a new jv partner is needed. The price of copper needs to rise.There is another two years left in Tschudi maybe more? Berg Aukas is only going to cost us another £600k. We await the report.All will be revealed soon enough.Orion still own nearly 25% of Weatherly. It is completely illogical to have a fire sale.

Anyone way hung the USD to Namibian dollar exchange rate? Staring to move in our favour