We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Wolf Minerals | WLFE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.40 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.40 | 1.40 |
| Top Posts |
|---|
Posted at 14/11/2019 06:03 by scarlettsmith694 To get the dividend yield on ftse 100 dividends there are lot's of best dividend stocks ftse 100 availble in uk stock market and for that the price and dividend analysis of ftse 100 companies can be helpful for investment perspective |
Posted at 08/10/2019 12:30 by scarlettsmith694 Dividend Yield is calculated as the ratio that measures cash dividends to the market value per share. By analyzing the dividend high yield shares...Further information you can search for any uk stock market news and research website.. |
Posted at 10/10/2018 17:42 by dudishes G'day,WLFE, it was my one and only emotional investment, EVER! Hope the talented guys can either, get the gilt out or get jobs elsewhere. Surprised me that Germans (govt woerker loan) not intervened? Debt maybe too hard to handle. Moving on! cheers |
Posted at 20/8/2018 07:02 by skinny Funding Update - Satisfaction of Conditions PrecedentSpecialty metals producer, Wolf Minerals (ASX: WLF, AIM: WLFE) (Wolf or the Company) is pleased to advise that, further to the Company's announcements dated 30 July and 1 August 2018, all of the conditions precedent to the standstill arrangements and amended and restated agreements with the Company's existing senior lenders and Resource Capital Fund VI L.P. (RCF VI) have been satisfied. As part of the process for satisfying the conditions precedent, the Company has been granted a waiver of ASX Listing Rule 10.1. The waiver allows Wolf, subject to certain conditions, to grant RCF VI security for the amended bridge facility without shareholder approval. Details of the waiver and the conditions are provided below. more..... |
Posted at 26/7/2018 09:32 by skinny Hmmmm :-Specialty metals producer, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf or the Company) wishes to advise investors that the ASX has granted the Company a trading halt in its shares pending an announcement on its financing arrangements. The trading halt will remain in place until the opening of trade the ASX on Monday 30 July 2018, or earlier if an announcement is made to the market. The Company's shares will continue to trade on AIM during this period. |
Posted at 27/10/2017 16:18 by skinny Specialty metals producer, Wolf Minerals (ASX: WLF, AIM: WLFE) (Wolf or the Company) is pleased to provide an update on the Company's financing arrangements to support short term working capital as it progresses towards long term self-sustaining operations at the Drakelands open pit mine (Drakelands).Highlights · Existing Bridge Facility increased from £45 million to £55 million. · Operating turnaround plan is delivering improved plant performance. · Tungsten price increases to US$280 per mtu. The Company is pleased to announce that it has reached agreement with Resource Capital Fund VI L.P. (RCF VI) to amend the existing bridge facility in place with RCF VI (as announced on 24 October 2016 and 28 June 2017) (the Bridge Facility) pursuant to which RCF VI has agreed to provide the Company with an additional £10 million. The funds advanced under the Bridge Facility to date have been used to progress the operating turnaround plan, including improved performance in: · the Primary DMS circuit, with all phases now complete. · the refinery, with first phase delivering an increase in throughput and availability. The final phase is scheduled for November. · the gravity fines circuit to improve recoveries and the grade of pre-concentrate presented to the refinery, scheduled for November. · maintenance activities, including implementation of a new system with associated process and work flow improvements. The operating turnaround plan remains on schedule as the Company builds towards commercial production and design performance. In addition to the ongoing improvements in operating performance, the price of tungsten has continued to increase from US$269 in August 2017 to US$280 per mtu in October 2017. The tungsten market remains in tight supply of raw material whilst demand for finished goods is improving, indicating continued price support at these levels. The Company will continue to review its long term capital requirements as the operating turnaround plan progresses and further value adding opportunities and cost reduction initiatives are investigated. Wolf Interim Managing Director, Richard Lucas, commented: "The operating turnaround plan is delivering improved processing plant performance and is also building knowledge and experience across the business. When combined with improving tungsten market conditions, this provides an exciting outlook for 2018. The Company acknowledges RCF VI's continued support, which is testament to their confidence in Drakelands and the future success of Wolf." more..... |
Posted at 29/9/2017 08:37 by sleveen Without modifying our opinion, we draw attention to Note 1 in the financial report which highlights that the consolidated entity incurred a net loss after tax of $(74,536,641) during the year ended 30 June 2017 (2016: $(63,094,075)). In addition, the consolidated entity has a working capital deficit of $(72,958,414) as at 30 June 2017 (2016: $(14,020,440)). These conditions, along with other matters as set forth in Note 1, indicate the existence of a material uncertainty that may cast significant doubt about the company and consolidated entity's ability to continue as a going concern and therefore, the company and consolidated entity may be unable to realise its assets and discharge its liabilities in the normal course of business.I still believe this to be a very high risk investment. Beware Net current liabilities £63m. WLFE need refinancing and quickly. |
Posted at 17/8/2017 07:11 by skinny Specialty metals producer, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company"), provides the following update on operations at its Drakelands open pit mine ("Drakelands") at the Company's Hemerdon tungsten and tin project in Devon, southwest England.In the June Quarterly Report released on 28 July 2017, the Company announced the implementation of a detailed operating turnaround plan designed to achieve a sustainable production platform by the December quarter. In recent months, the Company has progressed the operating turnaround plan with a particular focus on: · improving processing plant reliability in the crushing circuit; · improving performance of the refinery to enhance production levels; and · reducing noise emissions from the processing plant including low frequency noise ("LFN"). The improvements are being implemented whilst the Company has voluntarily shutdown the vibrating screens in the processing plant on weekends. Wolf has continued to develop technical solutions with its lead construction contractor, GR Engineering Services Limited ("GRES"), to expedite a comprehensive LFN solution whilst meeting operational requirements during this important period of production improvements. The Company has assessed the costs of ongoing LFN rectifications and has decided to notify GRES of its intention to recover these costs from the £7.5 million Performance Bond under the construction contract. The Company is confident that the Performance Bond will be sufficient to cover the costs of implementing the technical solutions required to deliver a successful LFN outcome. Richard Lucas, Interim Managing Director, said: "We are encouraged by the progress being made on the operating turnaround plan at this early stage, with further improvements planned for the coming months to achieve a sustainable production platform before the end of the year. We are also encouraged by an improving tungsten price which supports the opportunity for Drakelands to be an important part of the global supply chain for such a critical industrial metal. Managing our operations successfully also requires us to maintain strong relationships with our local communities, which includes further reductions in low frequency noise emissions. Therefore, after extended discussions with our lead construction contractor, GRES, we have decided to notify them of our intention to call upon the Performance Bond to ensure an LFN solution is achieved as quickly as possible." ENDS |
Posted at 28/7/2017 07:46 by skinny For the Three Months Ended 30 June 2017Specialty metals producer, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf or the Company) provides the following update on progress at its Drakelands open pit mine (Drakelands) at the Company's Hemerdon tungsten and tin project in Devon, southwest England, for the three month period to 30 June 2017 (the Quarter). Highlights ü Processing plant operating turnaround plan developed and starting to deliver improvements in production. ü Resource Capital Fund VI L.P. bridge loan additional £10 million extension approved. ü Drakeland's ISO 14001 environment management standard accreditation retained for the third successive year. ü Tungsten price improved by ~5.9% in the Quarter. ü Interim CFO appointed. ü Interim MD and leadership team now based in UK at site. more..... |
Posted at 28/4/2017 07:41 by sleveen The current W production will be costing more than WLFE receive in revenue.Have a look at the cash outflow forecast: projected A$15m production outflow for current quarter. WLFE really do need a new funding source: Debt facility A£49m, drawn A$37.5m,which gives headroom of A$11.5m but cash outflow for the current quarter is projected at A$26.5m. That's A$15m financial black hole to plug. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
