Share Name Share Symbol Market Type Share ISIN Share Description
Ormonde Mining LSE:ORM London Ordinary Share IE0006627891 ORD EUR0.025
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.525p 1.50p 1.55p 1.525p 1.525p 1.525p 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.4 1.8 0.3 4.1 7.18

Ormonde Mining Share Discussion Threads

Showing 6451 to 6475 of 6475 messages
Chat Pages: 259  258  257  256  255  254  253  252  251  250  249  248  Older
DateSubjectAuthorDiscuss
05/12/2016
19:45
Interesting article about India's state run mining company NMDC trying to purchase tungsten assets outside of the country. Focus is on mines in production or projects where BFS are completed. infracircle.vccircle.com/nmdc-looking-acquire-tungsten-assets-abroad
12vic
01/12/2016
10:25
Sorry forgot to say not a holder in Almonty just follow them through the tungsten sector as a result of my interest in Orm and the previous takeover attempt from early 2015.
12vic
01/12/2016
09:18
Thanks for posting steelwatch, very interesting , the offtakers must tend to a future rise in the market given their commitment above current pricing. Remains to be seen who has the better deal here, Almonty have at least achieved some operational security albeit at potential loss of greater profit. Big indicator is that the offtakers see value in the product above the current market spot - so looks like room for movement going forward.
12vic
30/11/2016
11:23
http://www.businesswire.com/news/home/20161129005894/en/Almonty-Announces-Entered-1-Year-Fixed-Price-Contracts
steelwatch
30/11/2016
11:05
See Almonty had trading suspended yesterday and now are up 25%. Not sure what the news is there ?
12vic
25/11/2016
12:48
There is a lot of crazy things happening in the markets and politically across the world these times. An awful lot does not seem to make sense anymore! Companies whose share price defy gravity based on future growth are doing well, other companies who are profitable, their share price is on the floor etc. All mixed up etc! All forecasters seem to have cloudy crystal balls, from Brexit to Trump and whatever next. I was reading a interesting article by the CEO of some oil company, can't remember who it was or where the link is, but it gave me a bit of hope. A brief abstract here World demand for crude oil has continued to slowly increase by about 1% - 1.5% per year despite all the uncertainty. Daily crude oil usage is around 96 or 97 million barrels / day. Existing oil fields / reservoirs which are currently in production tend to decrease at around 3% / year. So all things being equal.... there is a gap of 4% to 4.5% / year. Given enough time the gap continues to get bigger. Very few major oil projects came on stream in 2015, and even less in 2016. Hence demand for tungsten (drilling bits and tools etc) is down. (on that topic Seeking Alpha had a article of Weatherford, basically saying they are 4 billion in the red and technically insolvent). However given enough time, the gap of 4.5% will continue to eat into the global excess of crude over the next couple of years, until a major crunch occurs. Boom or bust economics for crude, which we never seem to be able to get right. It is entirely possible that Ormonde starting to produce in late 2017 / early 2018 could be coming on stream at a very good time (possible). On the other hand, the FT (25th-11-2016)has a article about Japan restarting some Nuclear plants, which will depress the importation of hydrocarbons, which could reduce the gap. It's still very uncertain, but the crunch in crude is coming, only a matter of when. On the other hand, banks have lost a lot of money with oil exploration companies / drilling companies / oil field service companies etc, so even if there is a shortage of crude, various companies may not be able to get the finance to start drilling new prospects. It's too easy to overthink it. However I am optimistic, that Ormonde will do o.k. for the first few years of W production, but then should change into a roaring success later on when demand really kicks off. All barring a global recession or W.W.III etc.
admiral jellicoe
25/11/2016
11:13
Hopefully we are now within 12 months of production commencement and with a rising tungsten price and no funding problems the share price should also rise in 2017.
dolores123
25/11/2016
10:34
Terropol you are right, but if I find the chance to get back in below my average 1.6p then the struggle will resume. BTW a small bit of Tungsten commentary 24/11 "Tungsten - APT European prices $198-203/mtu vs $198-203/mtu unch last week – boringly unchanged. Price will have to start rising sometime soon if Trump goes for growth."
12vic
22/11/2016
20:11
12vic , in this game discipline is very very important. That is the only way to survive in this jungle....
terropol
22/11/2016
13:43
Agreed!I'd be in for a lot more myself only that I got some personal debts which require clearing over the next 12 months.I mentioned this months ago, and I succeeded in clearing some debt, only to be told it's not enough, I've got to clear more. I feel like I'm being bullied at times, being told what to do especially with the share price being attractive as it is and I cannot increase my holdings so as to leverage down.2017 will tell a lot for ORM and Tungsten. But I'm still in and optimistic for ORMs future!Tally ho!
admiral jellicoe
22/11/2016
12:27
A few more for me here today... Tungsten should start moving soon...copper and other metals on a good run up. 2017 should be the busy year for the company building the mine. Shares will not be available at this low level for to long. Now is the time to get in!
terropol
17/11/2016
08:17
If you like a bit of science. Recent Tungsten based innovation in nano electronics. www.engineering.com/ElectronicsDesign/ElectronicsDesignArticles/ArticleID/13703/New-Monolayer-Material-Could-Unlock-Nano-Scale-Electronics.aspx
12vic
16/11/2016
11:38
some larger buys today just over 2p , would be nice to see the spread tighten.
12vic
12/11/2016
19:52
Hi Kennocool I posted this in August: "Looking away from Barruecopardo again : Very interesting updates from Aurum Mining in their final results. Looks like they may be looking to diversify away from the mining sector. Whereas this might be seen as a concern actually there may be some positives for Ormonde. Progress has been slow at both joint venture locations primarily due to lack of cash ( recent market sentiment). If Aurum do diversify it may allow Ormonde to increase their 43.5% stake the Pino de Oro project and 48.6% interest in the Peralonso and Cabeza projects. Both projects were recently independently evaluated, unlike Zarza which Ormonde want to divest, management still seem keen to push the JV projects forward. The initial earn in for Aurum was 500,000, not sure if this spend was completed but possibly a chance to take back control at reasonable price." Ironically Aurum have now raised some funds, but I suspect given the amount of effort they have put into changing their business focus the mining projects are now truly on the back burner.Ormonde retain an interest as part of their wider Spanish ambitions but must focus on Barruecopardo, likely that the Aurum JV will remain dormant until we have established Tungsten production. There is an outside chance there might be some reverse stake building and that Orm try to increase their project share by funding further work on the sites. But I can't see the company wishing to spend out on other prospects until our key project is proven and cash generative.
12vic
11/11/2016
22:23
Has anybody got an opinion on Ormondes partner in their gold exploration projects (Aurum) new direction? From what I can gather they are moving into the area of cyber security, which is slightly unusual for a mining company. Their share price has increased significantly in the past two months. If they gain traction with their new venture what will happen with their mining interests? Is this good, bad or indifferent for Orm?
kennocoolmike
11/11/2016
19:36
http://investingnews.com/daily/resource-investing/critical-metals-investing/tungsten-investing/top-tungsten-producing-countries-china-russia-canada/?mqsc=E3857377
steelwatch
11/11/2016
09:29
Tungsten price rising!!
dolores123
10/11/2016
15:57
dolores steelwatch is right. I cannot stand the adverts.
hazl
10/11/2016
15:44
Thanks 12vic.
dolores123
10/11/2016
13:57
Will be sorry to see you go Dolores. Keep holding and the reward should come.
12vic
09/11/2016
13:29
Dolores - download and install adblock plus. Works a treat! https://adblockplus.org/ Adblock Plus is a free extension that allows you to - among other things - block annoying ads, disable tracking and block domains known to spread malware. Available for Android, Chrome, Firefox, Internet Explorer, Maxthon, Opera, Safari and Yandex, Adblock Plus uses filters that you choose to block all unwanted elements.
steelwatch
09/11/2016
13:12
PS I am shortly leaving ADVFN as I am fed up with their adverts slowing the system down but remain a holder of 1.8m+ Orm shares and look forward to a share price recovery in the not too distant future. Best Wishes to all on here. Dolores.
dolores123
09/11/2016
13:03
The company's web site now says that it is a "near term tungsten producer --- with exciting GOLD portfolio". It is also well funded by its deal with Oaktree!
dolores123
08/11/2016
20:58
Well that's all very reassuring!
kennocoolmike
08/11/2016
11:38
I agree, and at times the resource sector has probably produced some of the worst examples of this type of practice. In Ormonde my original investment was part motivated because it had survived through a period when so many small companies in the sector folded, " misplaced " money or disappeared in a myriad of unexplained deals.
12vic
Chat Pages: 259  258  257  256  255  254  253  252  251  250  249  248  Older
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