Share Name Share Symbol Market Type Share ISIN Share Description
Ormonde Mining LSE:ORM London Ordinary Share IE00BF0MZF04 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.85p 3.70p 4.00p 3.95p 3.75p 3.85p 55,901 14:00:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.7 -0.0 -0.0 - 18.13

Ormonde Mining Share Discussion Threads

Showing 7251 to 7273 of 7275 messages
Chat Pages: 291  290  289  288  287  286  285  284  283  282  281  280  Older
DateSubjectAuthorDiscuss
20/6/2018
09:38
Looking for the climb to 5p to begin.
dolores123
19/6/2018
23:39
Hi Terropol, I have watched these for years, probably 5, only now am I interested in buying.
celeritas
19/6/2018
23:21
Hi Celeritas, Been in those for some years, must be pay day soon. My 2nd largest holding.
terropol
19/6/2018
15:45
Nice time to start buying a few of these. I waited for results expecting a fall as it seems to be the name of the game for most stocks these days. I'm amazed these haven't been bought a lot more but like others are probably under the radar.
celeritas
19/6/2018
15:44
All positive IMO. Orm are exactly where they said they would be. Not many start ups can say that...initial commissioning of certain installations in July-Aug.( July is just over a week away), commissioning of process plant 3 months away with production starting 6 months away. Increasing build up of production levels just after that(probably 7 day week), Apt continuing to rise, several parties interested in La Zarza etc etc. the glass is not half full it is nearly spilling over the top. :-) . Happy Baz.
bazaoil
19/6/2018
15:13
I can see this rising over the next few weeks and months as significant further progress is made.
dolores123
19/6/2018
14:32
I agree it is positive news. The project is on schedule, which is a big thing for a first time start up. In addition it shows the judgement of the management to be in touch with reality, as distinct from those managers who extend and pretend again and again.Ormonde is doing exactly what they said they would, this gives shareholders a big boost of confidence in the company.
admiral jellicoe
19/6/2018
12:30
DAVY VIEW The 2017 results contain little by the way of relevant fiscal information at this stage as the mine is still being built. However, the report does show a couple of things. The project is on time and budget and tungsten prices have recovered strongly over the last year. Taken together, this is a positive outlook for the stock.
steelwatch
19/6/2018
11:10
Ormonde Mining* (ORM LN) 3.9p, Mkt Cap £18.4m – 2017 results and progress report from Barruecopardo Ormonde Mining reports a reduced loss of €0.1m for 2017 comapred to the €2.3m loss recorded in 2016 which reflected a €2m write off of intangible assets. Administrative expenses were also lower in 2017 at €0.76m (2016 (€0.86m). Cash balances at the year end amounted to €0.51m During the year, focus has centred on the development of the Barruecopardo tungsten mine in Spain which is reported to be “in line with the capital budget and development schedule.” The company expects to commence initial commissioning of part of the plant in july/August with process plant commissioning expected around the end of September with “initial production expected to commence towards the end of 2018 followed by a gradual build-up of production levels over the early months of 2019.” During 2017 work during the early part of the year, coinciding with a period of muted ammonium paratungstate (APT) prices, “construction activity at Barruecopardo was reduced to a steady, measured rate” and focussed on construction of access roads and water dams required to store process water from the old pit. In the second part of 2017 as APT prices recovered from US$230/mtu to US$300/mtu by the end of the year, development accelerated with construction of the civil works and preparations for the installation of the process plant equipment which has been taking place during the first half of 2018. Since the year end, APT prices have continued to improve to the current, mid-June, levels of US$352/mtu. The company acknowledges the support both of the local community and of the Regional Government of Castilla y Leon in progressing the project. Conclusion: Ormonde Mining has made significant, though largely unnoticed, progress on the Barruecopardo tungsten mine development where commissioning of the plant is planned to start in late September with initial production in late 2018 followed by a ramp-up during the first part of 2019. We look forward to further news as commissioning approaches. *SP Angel acts as Broker to Ormonde Mining
cpap man
19/6/2018
10:46
There's been no real interest in La Zarza for a long time. The statement that there are now interested parties can only be a good thing and now would be a great time to move it on. I'd prefer a cash sale but a cash and equity deal would be better than nothing.Let someone else worry about the fundraising etc. I agree with Roy it's better to be entirely focussed on Barruecopardo + the surrounding Tungsten deposits. All said and done La Zarza is still an asset and if there is a reasonable opportunity to monetise through a disposal then move it on. Today's RNS shows the main project is very much on track and budget so all good in my view.
12vic
19/6/2018
10:09
We are a tiny company with a world class asset. After ten hard years or more, we are finally ready for extract and profit. We have 3 able bodied who are needed to work flat out zones can start making PROFITS and lots of them. Sell La Zarza asap , make big profits as there are loads more LA ZArzas out there.
roykeane2
19/6/2018
09:55
There was a interesting article in the FT recently about mining. Existing mines are having to go deeper, demand for certain materials such as copper and cobalt ( electric vehicles) is rising.However under Basel III rules banks / financial institutions are finding it very difficult to fund mining companies. Something to do with debt / equity etc.Hence China has entered the market and is providing a funding model. It's possible management at Ormonde realise this. So even though La Zarza May be a excellent prospect, if the funds cannot be raised without great difficulty then perhaps it's best to divest and put the money other uses?
admiral jellicoe
19/6/2018
09:51
CYBERBUB, they would take in a partner on a share basis or sell it.
terropol
19/6/2018
09:45
The last thing they need is a distraction. With Tungsten over 350 and us going into production would prefer focus on a seven day extraction scheme .onwards and upwards
roykeane2
19/6/2018
09:10
Why would they be trying to flog La Zarza when they are expecting a significant income stream shortly, which could pay for developing it?
cyberbub
19/6/2018
08:51
This is a good extra bit.... We continue to seek the divestment of our La Zarza interests. Against a background of overall renewed investment interest in copper and the lack of available advanced projects, this process has attracted interest from several parties and we continue to advance discussions with potential investors.
terropol
19/6/2018
07:58
Big part of the commentary was just cut and paste from the results!
rafieh
19/6/2018
07:51
Why does Mike come out with such dull commentary in the company's most exciting chapter. ??? Commodity price breaking previous records and now over twice where it was when we got guaranteed finance!!!!
roykeane2
19/6/2018
07:44
Good progress but a little later than I think some of us had hoped?
cyberbub
19/6/2018
07:28
On target and full steam ahead!!
dolores123
19/6/2018
07:09
Final results out!
mip55
18/6/2018
21:23
cyberbub, I saw that trade for 350k, it was delayed a few hours. I think it was a buy, as the price ticked up at the same time it was printed.
iain222
18/6/2018
16:56
Hopefully final results and update this week. My guess would be Thursday. If they can guide that all is on or ahead of schedule and within/ below budget and that there will be a minimal drawdown on the debt facility that would be great.
gosoftly7
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