Civitas Social Housing Share Discussion Threads

[dicko80] 22/2/2012 13:13

nice 600k @ 0.51

[dicko80] 22/2/2012 12:58

Check out the tungsten price change when China moved to restrict supply in March 2010 - it has doubled. There is no substitute and is critical for military applications. Price gained 35% in 2011 and expected to continue.

The key part of this article for me is the following comment: "When a metal is mined predominantly in one place, it makes it more prone to supply shocks. All it takes is a change of policy from that country, and supply levels drop. This is what we saw with rare earths and are now seeing with tungsten."

The British Geographic Society has a list within the article, which ranks metals in order of how prone they are to this sort of supply disruption. The author highlighted some of the metals on BGS's risk list - the strategic metals predominantly produced in China. Tungsten is 4th highest and ranks above "rare earths" for risk of supply disruption.

Other key paragraphs from the article given China's moves, the BGS charts, and what happened with rare earths suggest that tungsten prices and stocks could go vertical due to the supply shock:

"If China restricts the exports of these metals, as it did with rare earth elements, it would trigger a scramble for these commodities, and prices would soar. This would then lead to soaring prices of mining companies with deposits outside of China containing those metals."

"The hurdle these metals face is that they don't have the charisma of gold or the acceptance of iron ore or coal. So it can be a tough to get the market to pay attention. But you could have said the same thing about rare earths a few years ago. Only a few investors knew about rare earths. Then when the price of the rare earths started soaring all of a sudden the idea hit 'tipping point' and leaped into mainstream awareness. The share price of every company with an ounce of rare earths suddenly went vertical."

[dicko80] 22/2/2012 12:48

Hello hello :-))

[dicko80] 22/2/2012 12:41

looks like I'm the only one left :-)

[dicko80] 21/2/2012 09:43

0.50p

taken :-)

[dicko80] 21/2/2012 09:21

online limits suggest a move north

sell 1.15m
buy 0.5m

News can't be that far away either ;-)

[dicko80] 21/2/2012 09:09

another tick up

[dicko80] 21/2/2012 09:03

sudden increase in buying activity

[tomboyb] 20/2/2012 09:50

Morning -

1mill available online -

750k - 0.457p -

1mill at 0.49p -

[bobbyshilling] 19/2/2012 19:22

It is not a lot of bish, because when the grades come through from the drilling results - that is when it will matter and could change the numbers dramatically either way and the value of this company. No offence taken.

[bozzawozza] 19/2/2012 19:04

Ok but that still makes a lot of bish and an even better reason to be investing here. No offence intended tho.

[bobbyshilling] 19/2/2012 18:30

bozzawozza, re: your post above, tungsten is NOT $485 per ton.

Tungsten is priced as Ammonium Para Tungstate (APT).
APT is priced as Metric Tonne Units (MTU). 1MTU = 10Kg

If you have seen a price quoted as $485 per ton that equates to $48,500/tonne.

Regards, bs.

[bozzawozza] 18/2/2012 21:53

Bobbyshilling,according to the Metal pages tungsten is $485 per ton, not a huge difference, unless of course we are talking in millions of tons. Rgds

[bozzawozza] 18/2/2012 21:49

Picked up this link from the THR board and pasted it here with the kind permission of its original finder. Its not about this company or in fact THR but is more about the general economics and impending strategic importance of Tungsten to the west and more importantly China. Any thoughts are welcome but it gives me reason to continue building up a holding in early tungsten miners.

[domtheone] 17/2/2012 18:32

Tiiiiiiiiiiimmmmmmmmmmmmmmmbbbbbbbbbbbbbbberrrrrrrrrrr.

[n3tleylucas] 16/2/2012 14:41

I did some sums ... guesses ... on development costs, funding methods, production tonnage capacity/ouput, costs, revenues, profits, dilution, debt interest, valuation etc ... no one seems interested in me Malaga post though ... so I'll keep schtum ... gl guys ...

[mike_f] 16/2/2012 11:15

:D I look forward to hearing your thoughts. Be lucky

[dicko80] 16/2/2012 11:11

agreed tom...

first drill hole must be @ TD now

[dicko80] 16/2/2012 11:08

Stop spamming my board Mike :P

this PVR & TXO @ the mo..

thanks will take a look