Ormonde Mining Share Discussion Threads

[iain222] 25/7/2019 15:15

Steelwatch, thanks for that.
Am I correct in thinking that in Europe they are selling product at $28 to $29per kg, which is the equivalent of $280 to $290 per mtu ?

[steelwatch] 25/7/2019 11:40

Mid week update:

[steelwatch] 22/7/2019 11:24

Tungsten APT European US$210-225/mtu vs US$210-225/mtu

[cyberbub] 18/7/2019 12:34

Thanks that works now

[cyberbub] 18/7/2019 09:41

Bushead can you repost using capital Ts in the 'http'?

[bushead] 18/7/2019 09:26

hxxps://investingnews.com/daily/resource-investing/critical-metals-investing/tungsten-investing/potential-tungsten-shortage-imminent-roskill/

[bushead] 18/7/2019 09:24

Did you see the Roskill article?

[cyberbub] 18/7/2019 09:07

That's a possibility Bushead IMO. I can't see any other reason for a strong rise when the APT price is in the toilet, for now at least.What price do we think the project (including ORM's stake)might be sold for today? I would hope not less than 6p? Even with APT low, there must be an expectation that it will rise substantially over the next 12 months.

[bushead] 18/7/2019 08:46

Can only feel, someone is building a stake with a view to takeover

[iain222] 17/7/2019 08:58

Up again this morning, no trades as yet, must be a large delayed buy in the system.

[rileyma] 16/7/2019 18:51

Some big trades reported late,,,👍

[admiral jellicoe] 16/7/2019 16:14

Nudging up gradually, nice to see a bit of volume too! Bring it on!

[steelwatch] 15/7/2019 17:29

Tungsten: Project development continues apace, despite price slowdown
The start of July saw several announcements from tungsten developers across the globe, pointing to the strong fundamentals for tungsten supply and demand, in spite of the slowdown and drift in prices since the start of the year.

Roskill view:
Tungsten market conditions have been more challenging in 20‌19, following a robust period of growth in 20‌17 and 20‌18, as a result of falling Chinese automotive production – impacting demand for key tungsten-containing tools – plus uncertainty around the US-China trade dispute and concern over Chinese tungsten stockpiles from the failed Fanya exchange. Longer term prospects for the sector are strong, however, with key end-use markets all poised to increase consumption. With tungsten supply from existing tungsten mines set to fall back over the next decade, Roskill forecasts that at least 10 new large-scale tungsten mines will be required over this period in order to meet demand.

[rileyma] 15/7/2019 11:49

Interesting comparison to 2016 falls,,,

[rileyma] 15/7/2019 10:55

Ouch

Least there taking steps to counter act the price falls

[steelwatch] 15/7/2019 10:47

Tungsten APT European US$210-225/mtu vs US$230-242/mtu – APT prices falls further to $210-225/mtu

China is reported to be cutting back on mine production due to uneconomic production at current price levels indicating a level of economic discipline not often seen in communist nations. Production is being mothballed in an effort to arrest further falls in the tungsten price.

Ormonde Mining* is currently commissioning the Barruecopardo tungsten mine in Spain with an update in May highlighting throughput rates of 190t per hour achieved on fresh ore.

Good concentrate grades of >74%WO3 are seen from the processing of low-grade feedstock from the northern starter pit.

*SP Angel acts as broker to Ormonde Mining

[steelwatch] 12/7/2019 09:49

jamie - if you can see the header above, (desktop view on phone, not mobile version), click the EURONEXT QUOTE link at the top.

Currently: Best Bid 0.032 v Best Ask 0.0335

[jamie crawford] 12/7/2019 09:00

Sorry I meant the sell at .03

[jamie crawford] 12/7/2019 08:57

Can anyone tell me on IG trading it's showing ormonde at 53 cent but the sell is 3.2 and the buy is 1.03

[dolores123] 10/7/2019 08:19

From Discover on Google https://phys.org/news/2019-07-tungsten-interstellar-shielding.html. sounds interesting!

[jbe81] 09/7/2019 08:36

Cant get a quote to buy any

[steelwatch] 08/7/2019 16:51

Bottom line of the above article suggests "signals being sent from China are that environmental protections are here to stay"
so should help the APT price when demand picks up hopefully.

[admiral jellicoe] 08/7/2019 16:50

Nice to see a bit more volume too.