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% 1.325p 1.25p 1.40p 1.325p 1.325p 1.325p 250,000.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.4 1.8 0.3 3.6 6.24

Ormonde Mining Share Discussion Threads

Showing 6526 to 6548 of 6550 messages
Chat Pages: 262  261  260  259  258  257  256  255  254  253  252  251  Older
DateSubjectAuthorDiscuss
19/4/2017
18:39
A couple of big buys today raised the bid price again. Looks like sentiment is changing for the good.
dolores123
13/4/2017
11:52
a couple more buys!!
dolores123
12/4/2017
23:04
I am still here.... Have been for several years...
terropol
12/4/2017
16:10
http://investingnews.com/daily/resource-investing/critical-metals-investing/tungsten-investing/introduction-to-tungsten-investing
steelwatch
12/4/2017
12:25
As the tungsten price rises this year (hopefully) and we approach commissioning of the "world class" tungsten mine it wont take much buying volume to double or even treble the share price from its current lows.
dolores123
11/4/2017
18:06
Tungsten - APT European prices $205-215/mtu vs $208-216/mtu
steelwatch
11/4/2017
07:54
Could be a good time to buy before the tungsten price rises further??
dolores123
10/4/2017
08:46
Buyers on board today.
dolores123
07/4/2017
22:54
I see that I bought in 2009, at about 7p. This is no time to cut and run.
deanforester
07/4/2017
16:16
The MMs seem to be now marking the share price down if anybody sells even a small holding. They are in effect saying "dont sell".
dolores123
07/4/2017
14:52
Micnoc I remember buying some for around 10 cents. I do believe that there has been at least one issue since then, maybe couple. I'm not sure I'll be seeing a return on these in the near future.
skirbell
07/4/2017
13:15
There is a lot of crazy stuff happening in the markets, just one example, Tesla sold 79K vehicles against Fords 2.3 million. Yet Tesla has a higher market capitalisation than Ford!Ormonde is on the wrong side of the market sentiment at the moment.Hopefully that will change if prices rise and we start producing.
admiral jellicoe
07/4/2017
12:44
ORM market cap now only £6m!! Ignoring its gold and copper assets the market is valuing ORM's 30% interest at only £6m. So 100% is valued at only £20m at present. I dont know the value of the tungsten in the ground but using previous company info I think the anticipated annual profits were well more than £20m per year albeit when the tungsten price was assumed somewhat higher than today but you can see the potential. The market cap has become hugely disconnected from the potential profits and yet the company is fully funded upto commissioning of the tungsten mine next year. One to tuck away - as they say?
dolores123
06/4/2017
19:05
Well it's encouraging to see that there is at least two or three others that see a potential return at some stage! @Skirbell do you know if ormonde issued more shares since 2005? I checked the stock on yahoo and saw the share price was around the 10 cent mark back then. I'm just wondering if they had 473m shares back then as well or was there a dilution? I also spotted on yahoo that they had a one year price estimation of 6 cent for orm!
micnoc2015
06/4/2017
19:05
Well it's encouraging to see that there is at least two or three others that see a potential return at some stage! @Skirbell do you know if ormonde issued more shares since 2005? I checked the stock on yahoo and saw the share price was around the 10 cent mark back then. I'm just wondering if they had 473m shares back then as well or was there a dilution? I also spotted on yahoo that they had a one year price estimation of 6 cent for orm!
micnoc2015
06/4/2017
10:08
I'm still here too, I read the posts, but can't add much to what's being said.
granto2
06/4/2017
09:57
micnoc Thanks for pointing out the first ore blasting ! Still here and still slowly accumulating. Tungsten users (product producers) are starting to see increased demand.In time this must filter through to the miners. I follow Hardide HDD to judge the after market ( but not invested and not pushing the share ) HDD supplies Tungsten coated products to oil and aviation industry. Sales to Oil and Gas sector have doubled against last years trading update. The trading update is available in RNS today and reads positive for Tungsten market demand. Regarding Orm specifically , I wonder if some are concerned that have followed Wolfe and Hermerdon and are put off by the problems they have experienced in early production. Orm is a very different company in mining plan , working environment and funding but still within the same specific mining sector and maybe suffers as a result. The push back to 2018 still leaves a time scale for the share price to develop pre production , hopefully with the Tungsten Price which I'd like to see around the 250 - 260 market. I regularly email the management ( who always reply ) and have asked if there is a key Tungsten price for the project. Understandable they do not give specific numbers. But I am certain that there is likely to be positive ( ie downward ) evaluation of the currently published operating and capital costs, given that these are now several years out of date. In terms of the price drop, my own view is to hold and probably accumulate. Last year we had to deal with some uncertainty around compulsory purchase and land access but the company is now beyond this, now the issue is simply about timing and when best to aim for production. Until we get the go ahead on major equipment purchases, confirmation of operating contracts etc the I think the market reads the project as temporarily on hold and therefore muted at this point.
12vic
06/4/2017
09:29
2 to 6 years? I bought in to ORM in 2005. They've been in the bottom drawer ever since.... Not one of my finer purchases
skirbell
06/4/2017
07:38
Unfortunately - YES!! As you say the share price is down, probably now at bottom but with the tungsten price showing signs of increasing also off the bottom and with commissioning of the mine about 12 months away I can only hope the share price also slowly increases.
dolores123
05/4/2017
22:37
With the continued progress of the project (pictures on ormonde's website of first ore blast in April 2017) and the rise in price of tungsten. Is it about time this share started to move positively in the other direction? I reckoned the market cap of orm should be around the 30m mark putting the share price at 6 cent. As has been discussed here before investing in orm is a play on tungsten price but I can't see why the share price continues to slip. Is there anybody still active on here that has been invested for the past 2-6 years?
micnoc2015
03/4/2017
16:56
I recall that the illustrations from the company some time back was based on apt of 250. But 350 preferred!!
dolores123
03/4/2017
16:32
granto - they don't say in the latest Mar 2017 presentation, but after Total Capex of €53.6m, then Total Opex is currently $113.9 (€103.5) per metric tonne unit, including G&A. Obviously, payback time is the main consideration, but it appears the operation would achieve payback at the current price over an extended period.
steelwatch
03/4/2017
16:04
steelwatch, what price do we need ?
granto2
Chat Pages: 262  261  260  259  258  257  256  255  254  253  252  251  Older
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