Tungsten West Share Discussion Threads

[millennialinvestor] 21/4/2022 11:20

Good old wolfe, I do feel that any investors that got in early have already lost confidence in the management. Now they are shutting up shop for a few months to re-evaluate and blaming it on the situation in ukraine.

I'm sure they won't be pausing their salaries lol

I shall not be touching this until it starts pumping out tungsten

[pipeline1] 21/4/2022 11:09

You have to wonder if the mine is really viable. The fact Wolf burnt through £200m and then sold it for £3m. Feels like deja vu this time round. The management team always wins though as they pay themselves great salaries out of investors' money whether the mines succeeds or fails.

[millennialinvestor] 21/4/2022 10:53

Tungsten has always been very energy intensive to mine and refine...

Not sure how this was oversighted or not expected? Energy prises rose months ago.

Cost of renewable energy installation has risen drastically too... waiting for sub 30p mid summer.

[pipeline1] 21/4/2022 10:52

WTF?!! They only "broke ground" (to great fanfare) a month ago and they're knocking it on the head? You have to question the management team taking investors' money to no-doubt pay themselves high salaries and then at the last minute throw this curve ball out there. I am surprised the share price hasn't cratered more.

Energy prices have been high since Sept-21, they can't keep blaming Ukraine.

[gopher] 21/4/2022 09:26

Watch and wait imoSurprised that they have been thrown off course by this. Are they saying they don't have a profitable project at higher energy prices?

[zero the hero] 21/4/2022 09:11

Ouchy, well at least this has forced them to invest in Solar plus Battery which is good for the future. There should not be any planning concerns with this as to the immediate South of the mine a Solar farm already exists.

[jamesiebabie] 22/3/2022 06:39

hxxps://soundcloud.com/user-596578261/vsa-capital-morning-miner-210322

[jamesiebabie] 07/3/2022 16:18

Getting its mojo back.

[jamesiebabie] 04/3/2022 08:39

A good start.

[jamesiebabie] 03/3/2022 17:16

Tin will remain at elevated levels for a few years.

[goodgrief] 03/3/2022 15:21

Nice recovery considering tungsten is both a critical and a conflict metal. Good to see it above the IPO price.

[zero the hero] 03/3/2022 07:14

RNS reads well

[jamesiebabie] 21/2/2022 11:12

Little by little this future producer is waking up.

[spectoacc] 03/2/2022 10:58

No, but when you read the documents, see how many freebie/cheap/dirt cheap options and warrants were granted. Couldn't quite believe what I was reading.

[castleford tiger] 03/2/2022 10:55

these were issued at 60p at IPO ?

IF SO 20% below that are these underrvalued?

what were the prospects for the business.

Anyone got copies of the documents?

thanks in advance
tiger