Ormonde Mining Share Discussion Threads

[bazaoil] 12/3/2018 13:30

Just had a look again at the sept drone fly over and the January one. Some great progress in just 4 months. I am looking forward to the next one or an updated RNS especially with the current APT price.

[steelwatch] 12/3/2018 12:07

SP Angel hasn't caught up yet:

[12vic] 12/3/2018 09:49

Thanks Steelwatch. Can see it on the chart now. So this puts us back on parity with last years high. Interesting to see if APT can continue to make gains. Looks like the Chinese are sticking to their guns on the environmental side and mine closures.

[steelwatch] 10/3/2018 21:54

Posted on the LSE board:

Catchingpigeons
Posts: 589
Off Topic
Opinion:
No Opinion
Price:
2.25
Metal bulletin prices 9/3
Fri 21:04
“Tungsten European free market APT, $/mtu: $325.00-330.00 per mtu from $322.00-330.00 Ferro-tungsten basis 75% W Rotterdam duty unpaid, $/kg: $41.75-43.00 per kg from $42.50-43.30 Ferro-vanadium basis 78% min, free delivered duty...”
Tungsten price holding up well ...happy days

[steelwatch] 09/3/2018 18:52

...and very tightly held it is to be sure 8-)

[cyberbub] 09/3/2018 18:35

This share is Illiquid City, Oklahoma!

[dolores123] 06/3/2018 16:04

Sorry below mid. Doh!

[dolores123] 06/3/2018 16:02

Looks like a 300k buy at mid price.

[dolores123] 06/3/2018 14:22

Seven it just seems to be marked down on low volume and of no great concern.

[12vic] 06/3/2018 14:16

Good news on the tungsten price. Every dollar rise represents another $260,000-360,000 a year for Saloro dependent on production rate.
Again like everyone else I'm expecting the share price to firmly rise between now and commissioning .... but the real rocket flies when they can first report actual production figures that match or better predictions. Hopefully they do this in a price environment similar to today.

[sleveen] 06/3/2018 14:15

Any theories as to why the share price has fallen recently?

[dolores123] 06/3/2018 08:57

Another update from the company would be useful especially if they can put a date on completion of the mine which might be as early as August. The share price is lagging behind events and behind the increasing tungsten price.

[steelwatch] 05/3/2018 11:48

Tungsten APT European US$322-330/mtu vs US$319-326/mtu

[cyberbub] 04/3/2018 20:48

The RSI is rock bottom here now... let's hope that a few investors start nibbling again... *if* the tungsten price holds up in the coming few months, it's hard to see ORM's share price being below 5p by the summer IMO...NAI

[cyberbub] 27/2/2018 13:58

That could account for how I was able to buy 154k yesterday at 2.3p mid price... I did wonder whether there was another hidden sell just lower than that... seems like I was right...

[dolores123] 27/2/2018 13:28

It's showing some 259000 at 2.28

[steelwatch] 26/2/2018 12:04

Tungsten APT European US$319-326/mtu v US$319-325/mtu

[cyberbub] 26/2/2018 11:50

I think all of the trades today must be buys at 2.3p, as the 154k is my buy at 2.3p (mid price)...Perhaps there is a further final sell in the system?

[gosoftly7] 20/2/2018 15:11

Looking at Hummingbird the share price started to climb in May and broke up decisively in Aug. First production was in Dec. If we follow the same pattern,and we get an RNS in March saying all on track and expected first production in Oct/ Nov then we may start to climb and then spike June.

[12vic] 20/2/2018 14:58

Bazaoil - if you've been buying over the last 2 years you've done very well and have demonstrated good timing :)

I understand exactly the points you are making and why you asked the question.

[vish65] 20/2/2018 11:19

Bazaoil - clearly the share has been in an overbought situation for over a month and is now rebalancing hence the fall. When you buy a share you don't just jump all over it but select your timing to get as favourable entry price as possible