Ormonde Mining Share Discussion Threads

[cyberbub] 07/9/2018 16:48

Nice buying at the end there!

[steelwatch] 06/9/2018 19:59

Nothing old hands don't know, but may be of interest to newcomers:

[cyberbub] 05/9/2018 18:30

Encouraging - let's see if we can break through 6p this time or not

[dolores123] 05/9/2018 13:41

SP on the rise today so far.

[steelwatch] 04/9/2018 16:57

A little more, rarely accessible:

[bazaoil] 03/9/2018 15:44

Thanks steelwatch. Looks like Chinese prices are stabilizing which should have the same knock on affect with European APT prices. I believe we will start seeing a general rise again over the coming months. Baz.

[carlo sartori] 03/9/2018 15:28

I'd be VERY HAPPY to see the APT price hold at this level for a while and hopefully reverse the downward trend in Q4? It has been retreating for a prolonged number of weeks.

As usual thanks for the updates Steelwatch

Carlo

[steelwatch] 03/9/2018 12:10

Tungsten APT European US$275-290/mtu vs US$280-300/mtu

[bushead] 31/8/2018 16:40

As most know this flies under the radar, an rns out of the blue will hopefully have a bigger impact of the SP

[steelwatch] 31/8/2018 16:09

looks like 4 buys and 1 sell on the NEX so far today:

[cyberbub] 31/8/2018 15:52

Not a single share traded today so far.... hopefully it means any profit takers above 5p have gone? Time will tell, as always...

[dolores123] 31/8/2018 12:18

The "news" for Ormonde is on the company website in the form of the latest photos of the mine development and are looking very impressive. Not quite as good as an rns that will no doubt come on commissioning and when production starts later this year.

[cyberbub] 31/8/2018 09:16

One of the downsides of ORM is that they hardly ever issue news.But I would hope that we will be getting an RNS about the start of mine commissioning very soon! :-)

[roykeane2] 29/8/2018 13:00

Vibe I got is that this will be a 7 day operation Not 5. There is likely to be double the amount of tungsten at that site than has been reported. Lastly the issues incurred by Wolfe that cost 80m to fix do not apply here as this is the easiest recovery in the mining business with the most basic of machinery design possible, si chances of a hicup are remote.

[rafieh] 29/8/2018 13:00

12vicThe long term chart does support your prediction, although it may take a couple of years to get there.

[12vic] 29/8/2018 12:36

Rafieh

Three months ago you could have traded in and out fairly easily due to the low level of interest amongst most apart from the long term holders. People are obviously jumping on board with different trading patterns creating spikes up and down , but the general pattern is still up which I guess creates the risk of not being to get back in at the right price if there is a further quick spike like we had through the 4's.
I had to sell and buy back on a 7 figure sum of these to get them into my Isa sometime ago and it was a nervy ride but managed it around break even - best financial decision I've made in a long time !
Second best being when ignored my FA who wanted me to sell these up and take profits.

Admiral is right about the price target thing , I've sat down and worked out what these are worth to me at various points and have set sums that I want to take out at certain levels. My intention is to take the money out and set to different things. This is my plan but I guess it only works if the share price continues to trend up. If for some unbelievable reason the story turns to the worst I might end up dumping, but I really don't see this happening which is why I managed to avoid selling a few whilst sorely tempted first thing yesterday. Certain these are good for somewhere in the 12-16p range within the next 6 months

[cyberbub] 29/8/2018 12:28

Rileyma, worth noting that this was based on standard working - 24hr working would give a substantial boost to those targets...

[pugugly] 29/8/2018 10:39

steelwatch - Thanks

[rileyma] 29/8/2018 10:38

Just a reminder of the share price relative to the market price wo3 per Davy's note end of last year courtesy of lse

250$ 5.3p
275 7.0p
300 8.7p
325 10.4p
350 12.2p
375 14.0p

[steelwatch] 29/8/2018 10:36

Last I know of was the company's UK broker assessment last December @ 8p




Quick c&p, so you may need to type the company name into the search box

[pugugly] 29/8/2018 10:28

Been holding these for years - very bad broker advice -
Has anyone seen/know of recent broker targets ? Thanks in advance.

[admiral jellicoe] 29/8/2018 09:11

Each to their own, however if trading volumes are maintained then once your share price target is reached it could be best to sell a % or your holding, I.e. a gradual off loading over the course of a few weeks etc.I think volatility will remain, certainly as certain price targets are passed some holders will dump rather than gradual offloading.

[rafieh] 29/8/2018 08:57

Sold yesterday at 5.72. The bid has dropped since then, but the ask looks stubbornly reluctant to give a good re-entry point.

[wanobi] 28/8/2018 18:51

couldn't agree more Dolores,, from my limited research to date this looks like an interesting long term proposition! I'd just like a chance at some more sub 5p before it finally takes off from these levels for good..... thanx & good luck with your investment, cheers W "😀 😁 😂 🤣 😃 😄 😅 😆 😉"

[dolores123] 28/8/2018 18:24

Hopefully the momentum will continue this week and drive the share price over 6p to reflect the huge mine development progress. Ormonde is on track to significant cash generation that will last for years as the mine is developed.