Ormonde Mining Share Discussion Threads

[admiral jellicoe] 10/8/2018 18:05

The best link I have is http://www.ise.ie/Market-Data-Announcements/Companies/Equity-Details/?equity=2015110I hope that helps, but I don't have any info WRT individual trades.

[cyberbub] 10/8/2018 17:47

Admiral can you provide a link to the trades? Thx.

[admiral jellicoe] 10/8/2018 15:04

Shares getting bought at 6.9c in de Iseq, 68k so far today! Nibbling going on perhaps!

[cyberbub] 10/8/2018 07:59

An arbitrage opportunity?

[bazaoil] 09/8/2018 14:39

Funny things going on with Orm on the iseq index at present.
A buy at 7c ( albeit only 8500 shares). Bid at .048 and ask at .06 ?

[cyberbub] 08/8/2018 08:58

Don't jinx it Dolores :-o

[dolores123] 08/8/2018 08:45

Market cap less than £18m. This must be a sure fire treble waiting to happen over the next few months imo.

[dolores123] 07/8/2018 08:31

The main pointers here are 1 tungsten price over 3002 we are fully funded3 mine construction on target and Ormonde's photo gallery demonstrates excellent progress4 the current low share price and therefore market cap makes this a strong buy imo with a forward likely share price target of somewhere in the band of 8 to 12p5 tungsten production and therefore cash flow "imminent "Do your own maths as they say!

[gosoftly7] 07/8/2018 08:19

Hi Paul,

The chart in the header shows commissioning in Sept, Oct and Nov with production in Dec. This chart hasn't changed in a long time. In the recent update (extremely boring and uninformative) we were told that everything was on budget and on time. If we get production in August that would be a huge surprise, and obviously very good news.

However I would expect commissioning to start late in September. Hopefully before the AGM (rather than just after the AGM.

[paulwinter10] 06/8/2018 18:14

Hello, I hope to see some of you at the AGM! I will bring my wife if she will come! I am looking forward to any news on production over the next few weeks. kind regards, Paul Winter.

[roykeane2] 06/8/2018 17:58

Paul, everything ready to go in Q3 with production before year end. However this year AGM is sept 27 at 11am in Crown PLaza Blanchardstown Dublin , five mins off the M50. I expect great excitement this time around !!!!!still amazed stock not over 6 as they will be oroducing

[paulwinter10] 06/8/2018 17:13

Hello, I am a small shareholder who regularly attends the Annual General Meetings in Dublin. Please let me know any news about production! I was told that in August, production would start! Kind regards, Paul Winter

[steelwatch] 06/8/2018 11:32

Tungsten APT European US$320-325/mtu vs US$323-330/mtu

[cyberbub] 03/8/2018 21:32

How can they be sells at that price??

[bazaoil] 03/8/2018 15:02

Sales up to 5c on iseq today.

[rileyma] 02/8/2018 11:32

This was updated yesterday

[dolores123] 01/8/2018 12:47

Heading back to the 4s again with a bit of luck. The July website photos of the mine development were most impressive.

[dolores123] 30/7/2018 14:19

10p share price. Bring it On!!

[cyberbub] 30/7/2018 12:28

My understanding of the basic financial figures here is:* AISC $180* 260,000 mtu production on daytime shifts (could be increased with 24hr working)* ORM gets 30% 'free carry' of the gross profitsIf so that implies that on daytime shifts ORM will get at least $11M at current APT prices = £8M. Minus modest G&A and taxes (with no doubt large tax losses to use up) suggests about £5M+ post tax. On a modest multiple of 10 that's a £50M valuation and a 10p share price.With commissioning starting in a few weeks, as long as the APT proce doesn't decline significantly, we shoild be much higher soon.NAI DYOR etc

[rileyma] 30/7/2018 11:35

Hhhhmmmm
Still bodes well,be nice to see it stabilise
Commissioning potentially starting 5 weeks today 🤞🤞🤞🤞

[steelwatch] 30/7/2018 11:06

Tungsten APT European US$323-330/mtu vs US$333-341/mtu

[bazaoil] 26/7/2018 12:02

The current decline in APT was to be expected with many smelting factories in China re-starting work again , it being the traditional low season and worries of US trade sanctions etc. The decline will be relatively short lived in my opinion. After the inspections etc factories have increased pressures financially and cannot afford to let the price drop too much. Also a new round of Chinese protection inspections are soon to be implemented. The Iran/US conflict may also see oil prises rise giving rise to the US Shale drilling industry and , hopefully not, military intervention....all of which are tungsten users.In summary i feel , IMO, that the increased Tungsten prices have longetivity and Ormondes timing could not be better in this industry. Baz.

[carlo sartori] 25/7/2018 18:50

Thanks Steelwatch, whether the price is up or down it is great to get your regular price updates.

Carlo.

[cyberbub] 24/7/2018 14:53

Please keep up the price updates steelwatch, very useful