Member Info for OldFool13

That RNS makes for bad reading, glad I am not invested here and I hope any holder does not get too burned

I was wondering the same, but equally pleased at no pull back. Like you I feel this needs to be pushed by the Bod to pay back their investors (PI and II) that have stuck with them during this difficult period.

Shows the upward movement of Tungsten Ore nicely this https://www.vitalmetals.com.au/metal-markets/tungsten/tungsten-price/

Well I am genuinely delighted to hear you have bought back in, perfect timing. I think this purchase should reward you handsomely. An off topic question (to all here), on the negative posters. Is there any truth that people can get paid to knock shares with the intention of driving the SP down? On each of my holdings that are not doing so well there are persistent negative posters that only ever come out with negatives and I'm reasonably sure are not able to short those shares.

The share price movement has surprised me a little as we seem to be attracting sellers a little too easily. Perhaps a little bit of reflection on Tungsten prices v's SP to ground their haste! Oh and its worth looking back to company presentations in 2014 for a base for optimistic SP projections. The Tungsten price projections were woefully optimistic and prices fell to half of their projection causing the SP to follow suit. Now Ore prices have increased (plenty more to come there as China strangles supply) and when they reach the $400 / kg of the past (currently at $310-335 in EU) then the company's 2014 SP observations come into play so its worth looking at the comments made on the company's own presso's in late 2014 when the SP went down to a low of 13p .... Look for yourselves, its all there and the company are duty bound by financial rules not to give poor guidance to shareholders on SP valuation (of course we cannot hold them accountable for APT price performance!)

News, well we will see, I feel this is just playing catch up with the sustained Pre price recovery and China impetus https://www.bloomberg.com/news/articles/2017-09-10/china-sends-one-of-the-west-s-most-critical-materials-soaring?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

It will run to double figures fairly easily as it will piggy back the Tungsten price, not sure whether that will be by this weekend, but as more people read the Bloomberg news the more rapid that return will be.

Rise fuelled by Bloomberg? https://www.bloomberg.com/news/articles/2017-09-10/china-sends-one-of-the-west-s-most-critical-materials-soaring?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

Watching WLFE get to 5th on the top risers .... not much to say when it just upto PI's to realise where the SP is going - big hint .... shadowing Tungtens ore price :-)

PI's are now starting to become aware of the reality of this being considerably under-priced with Tungsten prices rising nicely and as long as production is without major problems a rise back into double figures should happen fairly swiftly. Average purchase price at 5.3 for me and I will be very pleased to not showing a paper loss sooner rather than later.

Putting heads above the parapet shows tentative confidence the worst news is over IMO

Why has every BB got an idiot that just trolls the thread? Tungder what the hell are you doing here? You post non stop negative cheap shots and bleat on about irrelevant rubbish and you fail to understand why you get poor replies. So what are you doing here, you do understand share trading is about making money from either buying or shorting shares. I actually don't mind if you are short but at least says what your angle is.

Yes BM all looks much rosier to the annoyance of the doom mongers. GRES is nothing but a side-show. Nice recovery in the SP which will slowly slide upwards now.

It has not got far to sink if Nameplate production is not reached, if it is reached there is obvious upside. It really is that simple as Ore prices slowly recover and no longer one of the negative factors that have weighed on the SP. Debt is a concern, but not if they get the production sorted.

Pretty happy with final results: Financial Highlights · Revenue up 12% to £20.3m (2016: £18.0m) of which over 60% is recurring (2016: 58%) · Adjusted EBITDA* up 22% to £4.4m (2016: £3.5m) · Operating cashflow pre exceptionals up £4.0m to £4.6m (FY16: £0.6m) § Post exceptionals at £3.9m (FY16: outflow of £1.6m) · Operating cash conversion pre exceptionals at 105% (FY16: 16%) § Post exceptionals at 86% · Total net debt reduced from £10.0m to £9.4m · Basic EPS up to 0.59p from a loss per share of (1.56p) for FY16

Well they bought Chinese crap ..... says it all really!

Sorry Devon, been away for a few days abroad, no internet. The meeting is "open to anyone who would like to come" quotes their exact words and starts at 7pm in Sparkwell Parish Hall.

Just received a invite from Wolf to a meeting on Weds 14th June at Sparkwell Parish Hall asking for opinions on LFN (Low Frequency Noise) at Drakelands. Strange leaflet that acknowledges Draklands Mine causing LFN which has caused significant disturbance. I guess this is all part of a wooley "we are listening" process that was missing when the mine first opened. I'll probably go but not really interested in listening to a bunch of bleaters all evening.

Pointless spam, what is wrong with you?

A negative poster's stance can be of a real benefit to the BB as a sanitizer to a BB's natural tendency to be positive. I do have a tendency to only see a share in a certain light and it can lead to bad holding. I do not mind a negative poster as long as it is posted with intelligence, hence why I bite at telemarker. I know zilch about shorting, so I usually keep my gob shut on this. I did make good money on TUNG against the ii shorting which was particularly satisfying though. Personally I value a bit of negativity.