Member Info for gotabesirius

Debt reducing rapidly.... Whilst maintaining circa 7% dividend. With 50% of revenue from copper and another 11 years copper production, given wider copper fundamentals this will end up nearer £10 at some point in the next few years...imho

One is a buy, one is a sell....

5p by end of month but 20p by end of September....imho

Need to.factor in currency fluctuations and FTSE 100 is also heavily weighted commodities, so more affected today / recently than other major markets

Morning, has everyone received their dividend? I haven't....?

Looks like workovers paid for from fcf without eating into current cash mountain. Excellent! Buy backs should put a floor in this from here onwards

Worth researching Tunsten fundamentals. 80% of global production is from China. Due to lowering grades, more stringent environmental legislation and depleted mines, they are producing Tungsten at a significant loss currently. As a result they have slashed production by circa 60% to rebalance the market and push price to a profitable level in H2. This will squeeze APT over $300, plus APT had been undermined, along with many othet commodities, by US - China trade disputes. If this is resolved in H2 we should see a double whammy affect on APT.

You are absolutely correct re PR and ill be making my thoughts known to Company, id suggest others do the same. The lack of spin from the company also suggests they aren't too worried about market sentiment towards the company, suggests to me this will be bought out...Oaktree have made no effort to hide the fact they will sell...just a matter of when, not if imho...that would certainly explain the lack of PR from ORM

I suggest you contact the company on this one....you will be pleasantly surprised... If of course you are a shareholder

They have a $10m contingency built into the mine build and roll out which I'm guessing is being used as they ramp up production...

They don't even have funding yet!

'early june'

Key for me here is trade war. If China restricts exports Tungsten price will go through the roof. US has zero domestic production, only recycling

260,000 tonnes per annum

Current APT $275

Cash costs $110 pt

LOM likely 20 years minimum

Strong Tungsten fundamentals

Chinese own 80% of global production. Note they may restrict exports due to trade war with US

Production can easily be increases to 360,000 tonnes per annum

In safe, stable jurisdiction

Orm get €1m per annum for managing operation

I could go on....

If this continues expect APT to be a major winner! China have 80% of global production and US imports 40% of their requirements mainly from China....could there ever be a better time to take Barruecopardo operational?

Excellent results. AISC down which is key!

Buys are going through NEX exchange. 4.3p paid

I've emailed LSE regarding this....maybe if you also follow

It is a valid point but these ships weight 10s of thousands of tonnes and not really comparable to a sheet of ply! That said, calm conditions will certainly make the job much easier, of which we should see several opportunities next week.

West into the Atlantic?