Davy Valuation21 Jun 2018 11:19
I too am a refugee from II and and was happy to learn of this board. I am a long term investor in ORM and now at breakeven. I attend the AGMs and have, as a result, a high regard for the Board.
Extract from Job Langbroek's analysis 20/11/2017 Page 9, Figure 7, pence/share relative to price and FX cross rate:
Tungsten FX rate
$/MTU 1.10 1.18 1.25 1.3
225 4.3 3.4 2.5 1.8
250 6.1 5.3 4.5 4.0
275 7.8 7.0 6.3 5.8
300 9.5 8.7 8.0 7.5
325 11.3 10 4 9.7 9.3
350 13.0 12.2 11.5 11.0
375 14.8 14.0 13.3 12.7
400 16.6 15.8 15.0 14.5