Wti Oil Etc Discussion Threads

[soulsauce] 28/5/2015 18:59

There will be plenty of time to buy under 1.5p by the looks of it even IF the next production update shows some improvement, you might as well wait til then rather than buy now and another mediocre report take us below 1p.

[pedro57] 28/5/2015 18:39

At what point to people think one should be buying WTI? Recent share price underperformance seems harsh now where recapitalization has taken place and we have a number of institutional investors buying shares almost 80% higher than one can pick them up in the market? Will WTI provide an update on operations once capital increase is done on 9 June?

[soulsauce] 26/5/2015 09:42

commodities taken a hit lots of shares taking a bath today sigh!!

[longsight] 26/5/2015 09:08

Still better price than your highly ramped favourite ACTA

[mattjos] 26/5/2015 08:54

Soon be selling for 50% discount to the proposed placing price

[mattjos] 22/5/2015 21:29

Dodgy people? Weatherly have been lumbered with one of the worst for years. It will take a long, long time for the new CEO to establish any sort of credibility. His first few reports, even if bullish, will simply be viewed with the scepticism associated with anything that Webster said.I would rather Webster's dismissal was announced as such in plain English and that he was gone for ever, rather than this hanging on as a consultant but, he will know where all the skeletons are & there are likely to be plenty so, I imagine he threatened to squeal and this was the compromise.Can't see much in the way of direction here until the new guy has got his first two Q'ly updates under his belt, supported by the impact on the cash situation. As for the equity issuance at tuppence .. Why would you? Tonnes of stock available for a helluva lot less than that.

[longsight] 22/5/2015 11:06

compare & contrast TPL [trading at a premium to the conversion price] involved in oil & gas in dodgy places / people

[leedskier] 20/5/2015 09:03

The market is trying to train wreck the placing. Seen it all before.

[888icb] 20/5/2015 08:23

WTI up this morning as circular goes out about the placing of 111 million shares at 2p. You can buy at 1.4p today.

[zangdook] 19/5/2015 16:30

TN

augustusgloop is one of the multiple names used by the troll previously known as Elban. If he says something stupid about you my suggestion is to ignore it and filter him.

[basquinth] 14/5/2015 13:38

Tiger Noble.
Don't listen to them. I don't think you're gullible. I think you're being very conservative in your projections. Don't forget to add on the wages and hair dressing expenses that we wont be paying Rod to the profits column.

[dhymeri] 14/5/2015 13:24

TigerNoble, you've just outlined the best case scenario there. You obviously haven't been in WTI very long as you'd realise that is highly unlikely to occur! It would require the planets to align..

[reallyrich] 14/5/2015 13:06

No, he is saying you are gullible!! read what he said again

[tiger noble] 14/5/2015 12:41

Haha. You saying I'm Nigerian ?

[augustusgloop] 14/5/2015 12:35

Tiger,

I am making a list of gullible suckers to sell to some of my Nigerian friends
Can I have your name and phone number please.

[tiger noble] 14/5/2015 12:18

Weatherly set to produce 10,000 tonnes of copper cathode this financial year. At a cost of approx $4300/$4400 and a sale. Price of $6400 they will make approx $2000 per tonne profit.$20,000,000 (£13 million) profit for this year for a company with a mcap of £14m. Each subsequent year will be 17,000 tonnes at at least $2000 profit per tonne. $34million per annum.This could be easily valued at 10 times the current price. Approx 14p per share

[mattjos] 12/5/2015 19:32

There were questions raised as to the accuracy of the Tsudi samples and leach times at the time they were first published, as I recall.It may be telling were these first samples made public and compared to the actual result experienced this year to date.It surely begs the question as to who determines what is drilled and where in producing these BFS reports. Is the process truly independent?Copper is trading higher than that used in the projections and the local currency a lot lower yet, still it is not wiping it's face.Is the whole process actually trustworthy?

[jdwag] 12/5/2015 18:05

Investments do and will occasionally not work out. That's investing.

What you seem to be suggesting here is that Orion have embarked on a grand and elaborate rouse to offer buying circa 25% of a company at a healthy 20% or so above the closing price at suspension only to be getting the knives sharpened behind the scenes?

Logiman and Legal&General appear to have been sucked in by this too (what mugs they must be).

Here's an idea, maybe all of these three have such faith in Tschudi working that they have decided to up their stake to make good money as and when Tschudi pays off? Sorry for taking things at face value and that the Orional problem was merely caused by a Soil Sample screw up by their so called and highly paid 'Competent Persons'?

As for your Rod Webster comments, you sound like s JFK conspiracy theorist.

JD

[longsight] 12/5/2015 17:54

Noone ever said C Ops wd be great - you fa about this share - you are generalising. VGM was strictly for idiots.

C Ops has gone bust at least 2 times before - it is marginal.

[augustusgloop] 12/5/2015 17:37

Its never that straight forward

The Chinese bought a stake in VGM at about 60p - everyone was enthused - surely they had done all their due diligence.

They finally got it all at about 3.7p a share

And it wasn't the Chinese that were at fault - it was the lying management.

Are there hidden problems here?

The market appears to think so.

Maybe Tschudi is a dud -- the same people that were saying that Central Ops was going to be great are the ones giving the cost forecasts at Tschudi

[longsight] 12/5/2015 17:19

Why are logiman also subscribing at 2p? I guess they are also hoping to get shafted by Orion?

[longsight] 12/5/2015 17:14

Mattjos - still waiting for your analysis on ACTA - I take your views with a pinch of salt - you have an over active imagination.

Why wd Orion subscribe for 172m shares at a premium? If they wanted to shaft the WTI shareholders then they are not making much of a job of it.

[leedskier] 12/5/2015 17:06

L&G would not have topped up just to average down. Funds rarely do that. They must believe Orion are playing with a straight bat.