Ormonde Mining Share Discussion Threads

[dolores123] 08/5/2018 20:45

Hi Cyber, could be a generalisation but in the media section of Orms web site it said on 2nd August 2017 that only one year away from production. The official company line being in the 3rd quarter of 2018.

[cyberbub] 08/5/2018 15:07

Dolores is there anything specific which leads you to suggest early August for mine opening?

[cyberbub] 08/5/2018 15:06

Great find rileyma! I especially like this bit:"Asimismo, sobre la apertura de la mina de wolframio, Nicol señaló que en estos momentos están con la "fase de construcción, los trabajos van a muy buen ritmo y muy pronto la mina volverá a producir wolframio, como se hacía hace casi 40 años. En la construcción hay 140 personas, la mayoría es personal de empresas contratadas, pero hay unas 40 personas que son de Barruecopardo y de los pueblos de la zona. En la fase de producción habrá unos 110 puestos de trabajo", concluyó."Although you can never be sure from public pronouncements, it sounds like things are going well down 't mine, hopefully...I would want to see a formal progress update in the next few weeks though. It's been too long.

[12vic] 08/5/2018 10:39

Thanks Steelwatch

[dolores123] 08/5/2018 09:21

Hope to see a significant increase in the share price as we approach completion of the new mine and commencement of production scheduled by the company for the 3rd quarter of this year. Quite possibly early August .

[steelwatch] 07/5/2018 18:03

Tungsten European free market APT, $/mtu: $328.00-335.00 per mtu from $327.00-336.00

[steelwatch] 07/5/2018 17:57

Machine translation

Drafting Tuesday, may 1, 2018
136ª EDITION OF THE LIVESTOCK EXHIBITION

The Feria de San Felipe recognizes Saloro his effort for the opening of the mine

Hundreds of people are faithful to this traditional appointment with the livestock shows and products of the land, this year with a score of exhibitors

The CEO of the company Saloro, Stephen Nicol, received this Mayday Medal of the municipality of Barruecopardo as a sign of gratitude for the effort to launch the reopening of the tungsten mine in this town , a distinction that for Nicol "is a pride and honour receive the Medal of the municipality on behalf of Saloro", commented to LAS ARRIBES per day.

Also, on the opening of the tungsten mine, Nicol said that currently they are with the "phase of construction, the works are very good pace and soon the mine will return to produce tungsten, as it was nearly 40 years ago. There are 140 people in the building, most contractors staff, but there is some 40 people who are Barruecopardo and the villages in the area. In the phase of production will be approximately 110 jobs", he concluded.



Steve pictured during a tape cutting

[bazaoil] 03/5/2018 10:13

Chinese APT rising too.

[mip55] 01/5/2018 09:18

50,000 at 2.85 at 0900 is a top up!

[roykeane2] 30/4/2018 08:32

Nice recovery, wondering if a scarce commodity like tungsten will be used by EU in this tarriff spat with USA?? Great ti see frantic activity in the site following years of tumbleweed being the only thing moving

[bazaoil] 27/4/2018 22:22

European APT up to $327-336 per mtu .

[cyberbub] 27/4/2018 14:41

One pair looks like a possible rollover.I know for a fact that the 150k marked as a sell is in fact a buy :-)GLA

[12vic] 27/4/2018 13:02

Trades look interesting, guessing the 3 lots at 250,000 are probably buys. Anyone else see it that way ?

[cyberbub] 26/4/2018 15:27

If Noble go under the demand for tungsten doesn't vanish....

[dolores123] 26/4/2018 10:52

I'm sure that's the case 12v.

[12vic] 26/4/2018 10:08

I agree it is probably time for an update. The pictures posted on the website do give us an indication of how things are going but it would be helpful to get more regular explanations in terms of progress. Having said that unless price sensitive it wouldn't necessarily have to be done by RNS, but I do see how this would help to keep pushing the public image of the company.
Like all investors I tend to feel something is up when things go quite for a bit, this was particularly relevant when they had previous malicious law suits relating to the ownership of the mine and access to the land. On both these occasions and others the company came through, although at the time concern was raised due to the period it took to receive the news.
I've now settled into the position that if we're not being told anything then all's going well and business as usual, as reflected in the vast progress we see on the galleries.

[steelwatch] 25/4/2018 17:13

cyber - last year they put out a Barruecopardo update early June followed by the Final Results on 20 June. Meanwhile, we may get some more pictures on the website before then. You could try dropping a line, but would be more likely to get somewhere by phoning.

Personally, I am happy to wait until the company is ready to open up.

[cyberbub] 25/4/2018 16:56

Anyone fancy dropping the company a line? 5 months without an update is not very impressive.

[bazaoil] 25/4/2018 15:48

Totally agree cyber

[cyberbub] 25/4/2018 15:12

We could do with a proper official update RNS

[12vic] 25/4/2018 09:45

I hope so. Good to see the first trade go through at 3.07 .