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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ormonde Mining Plc | LSE:ORM | London | Ordinary Share | IE00BF0MZF04 | ORD EUR0.01 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.75 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
12/9/2017 16:34 | Disregard test message | mariopuk | |
12/9/2017 16:32 | Hope not. Being walked up nicely at the moment. | steelwatch | |
12/9/2017 15:15 | Anyone think Almonty will come back for this one? | celeritas | |
12/9/2017 10:36 | Wolf up 23% this morning, nice to see something positive for their shareholders. Interest in the Tungsten sector continues to build. | 12vic | |
11/9/2017 16:30 | Fatsuperman ,I see your point. Replace "export quota" in the second sentence with "export demand" and the post makes more sense. | 12vic | |
11/9/2017 15:39 | 12vic, You've got that slightly mixed up. The WTO don't want a quota set, it's the opposite. They actually ruled that China must not set and enforce export quotas. China has got around this by setting a quota based on environmental reasons. I can't pretend I understand their reasoning, but we do know that a LOT of Tungsten leaves China illegally (and therefore the government makes no tax on it) via Vietnam. This is through illegal mining and over-quota mining (effectively, under-reporting / not declaring). They are trying to police this and have been at it for some time on other metals and elements. Perhaps they have gotten around to tungsten and this is the effect. The price rise will certainly mean that previously unprofitable mines may come back online - around the world, not just China. The trouble is that we don't know how long China will continue to enforce this, if indeed that is the reason for the spike | fatsuperman | |
11/9/2017 13:17 | Thanks Steel - very good article. Lets hope this is the start of more Media coverage for Tungsten going forward. The thing about China is that its pretty much beyond any western control, so I'm not sure that an export quota from say the WTO was ever going to be effective unless it fitted with China's own policy at the time. It seems China no longer feels the drive to reach these export levels and may have been avoiding them through its export licensing system for some time. Additionally I was also a little sceptical about how seriously the environmental aspects would be enforced by the Government , but clearly this is being strongly policed. This again suggests that there are moves to reduce the number of domestic producers in China to ensure greater state control. I was thinking a point might come where when the price rose enough a whole load of Chinese Tungsten might suddenly come back to the market. In hindsight though given we are 100% up from the $160 point - surely this would have come by now? So for the time being it looks as though we may be returning to a closing market similar to that of say 10 years ago. | 12vic | |
11/9/2017 11:16 | Posted on LSE earlier: China Sends One of the West's Most Critical Materials Soaring | steelwatch | |
11/9/2017 11:05 | Tungsten APT European US$310-335/mtu vs US$285-300/mtu Apparently there has been a slight easing in China to around $315, previously $334 | steelwatch | |
09/9/2017 19:31 | Let the Good Times Roll! | admiral jellicoe | |
09/9/2017 18:47 | Other BB's showing Euro APT price rise on Friday. Unable to validate, but numbers given $310-335. | 12vic | |
07/9/2017 15:53 | Interesting how the spread has really tightened. Makes it difficult to read buys or sells, most of today's trades shown as sells but now assuming buys as price has moved up. | 12vic | |
07/9/2017 15:14 | Market cap is only a mere 12 million pounds so this must have a lot further to go!! | dolores123 | |
07/9/2017 11:27 | Thanks Steelwatch. Moving along nicely. BTW have just PM'd you. | 12vic | |
07/9/2017 10:49 | More progress pics added | steelwatch | |
06/9/2017 09:38 | Excellent thanks Vic. | dolores123 | |
06/9/2017 09:02 | China tungsten trading at $320+ , expect the European quote to start to catch up through the week. Please see article below , patience required due to quality of translation , but some good information regarding current APT price and why likely to continue to rise amongst sustained demand. Article covers tungsten concentrates and APT. news.chinatungsten.c some highlights - "The quotation for APT remains in high level. The current quotation from mainstream smelters reaches USD 324 per mtu and cash transaction price is USD 321 per tonne." - last paragraph predicts upward trend to continue. | 12vic | |
05/9/2017 13:03 | Ha! Nice one Vic. | dolores123 | |
05/9/2017 13:01 | Dolores Your not the first to combine Tungsten and Champagne. Might be a few orders here virginwines.co.uk/wi | 12vic | |
05/9/2017 11:51 | Champagne tonite I reckon. | dolores123 | |
05/9/2017 11:43 | vic - yes. | steelwatch | |
05/9/2017 11:29 | Morning Dolores Pushing up on the top list. Steelwatch have you been watching today ? | 12vic |
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