Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
GIT, appreciate the response, obviously been aware of wres for some time, actually in and out some time back.
It is presently high up on my watch list....very high indeed....done plenty homework, just looking for that kicker or possibly thinking she may be a continual steady riser from this price.
If she drops some, will definitely pull the trigger ....
Low global demand for tungsten is likely to persist, with consumption falling by 19-20pc on the year as a result of consumer destocking, a global economic slowdown and geopolitical turmoil.
But tungsten demand could experience a recovery in the second half of 2020, as consumers replenish depleted inventories amid expectation of modest industry growth, delegates heard today at the International Tungsten Industry Association meeting in Stresa, Italy.
This year was a period of heavy destocking by consumers who had increased inventories sharply last year because of a perceived tightness in supply, Oliver Kinzel, director of sales EMEA for H.C. Starck, said.
Kinzel expects overall consumption to decline by 19pc to 15,400t of tungsten this year, down from last year's consumption level of 19,000t.
But the assumption is that inventory levels could be low by the end of this year, raising demand in 2020, he said.
Global Tungsten & Powders' (GTP) vice-president of government affairs and industry liaison, Stacy Garrity, painted a similar picture for the tungsten industry in 2019 and 2020.
With exports and domestic consumption falling, along with a strong currency, a worsening economic outlook and escalation of the US-China trade dispute, tungsten consumption is expected to drop by 20pc in 2019 to 104,815t, she said.
This decline in demand dragged on ammonium paratungstate (APT) spot prices across the international markets. APT fell to a 2.5-year low "but seems to have bottomed out", Garrity said, adding that there could be improvement in 2020.
The price for 88.5pc APT in Europe slid to $170-190/mtu in early September, under Argus data. It is the lowest range since the assessment of $170-180/mtu on 4 April 2016.
Since early September, prices have rebounded to $215-230/mtu in mid-October after the Fanya Metal Exchange's APT stocks were sold at above domestic Chinese prices to China Molybdenum, which improved the market outlook.
But lingering risks remain. "Pressure on economic development due to global trade issues is likely to remain, moving into 2020, with the impact of geopolitical instability difficult to predict," Kinzel said.
On holiday will be monitoring bids Monday morning...3...30...300..3000....which gear is she in how many gears has she got.....I know she moved out of reverse and is in 2nd....1 or 3rd come Monday.....oh and one only has Tuesday basically thereafter to make a call....forget about all the fundamentals....this baby has moved without JW....how many traders are rubbing their hands.....hunting season about to open....biggest lesson on Aim for me...when do you pull the trigger and with what charge....do you aim or one cannot miss....like I said last week...some just keep on missingout.
Sentiment returns over the weekend...watch this baby fly before the exchange closes before Christmas
When he kicks off in 2020...about mid Jan....definitely not diss bids....interesting and entertaining..." I topped up...it's a no brainer "...
All the 2019 favourites are warming up....some wise folk out there...even the moz electric one...mooi...bien...sweet.
don't tell me you wear take me home and f... me shoes...
there's only a few hotties at the party....harpoon the fat chick and save the whales
The Pizza tastes different though, early or late....some folk just keep on missing out.
3:50 pm rns
One has the opportunity ( 2nd time round) to make easy money once she starts to move.....how easy = get in early or later with higher risk.....no research needed here anymore......or stay away....or come and play......if ever there was a punt, even a little stake which requires a weekly peek....mmmmm let's play.
guess who shorted bids
12.50 p ...@ 10 am...50 k.....8 p gone and dusted
exclusive mind blowing graffiti, pop art , Banksy visuals only viewed via the bids network, .....have you seen xxx mate.....where, when, how......bingo....simple ....a birdy whispered for me to keep my eyes and ears open.....similar to this time last year, when I was first informed about bids......
28 p end of Jan 2020
yep....thought I deleted it....no problems ...should give an indication how relaxed I am....will fasten seat belt shortly....I believe it will be required BIG TIME
take off at the beginning of each year....purchasing either side of Christmas is usually a good time, many are at their lows, stacks of investors cash in their chips only to start buying again mid January. I was thinking yesterday that Bids was a gift from Santa.....one or two sets of good news,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
takeoff mid January....historically, GGP, 88E, SOLG, N4P, SCAN, .....BIDS ? ........jw jumps back on board ?....yesterdays morning 100k, todays 50k........somethings brewing....2 / 3 bags early in 2020 will just be what the doc orders....my moneys on bids.
Bids delivers the winning post for 2019, there have been some classics I must say, will stay tuned till year end, yet my moneys on this one, DYOR. ...worth a punt.
Starts here tomorrow....and at bargain prices...no !
Top 5 of the year....going to keep my eye on this bb.....sweet.