Tungsten West Share Discussion Threads

[danmart2] 25/11/2022 22:23

hxxps://www.eventbrite.co.uk/e/cma-gsbf-2nd-annual-critical-minerals-conference-tickets-405158037597

Is anyone attending?

[punterman] 21/11/2022 12:55

Looks like someone agrees with you. 100k just bought. Could be some upside here finally..

[danmart2] 18/11/2022 18:31

Off take deal closer?

[goodgrief] 03/11/2022 12:02

There was mention on today's VSA's 5-Minute Morning Miner that USA Department of Defence has been down to T'West as their looking to refill their tungsten stockpiles. A nice offtake agreement would put a rocket up the share price!

[rambutan2] 31/10/2022 21:44

Well, even more recent (un)welcome Government announcements have made the trading statement of 3 weeks ago rather outdated:

Mark Thompson, Executive Vice-Chairman, said:

" Recent Government policy announcements have included some welcome news for Tungsten West. The energy cap for businesses provides certainty over power costs for this winter and the reversion to a Corporation Tax rate of 19% is good news for shareholders.

The announced intention to streamline planning requirements for the installation of renewables was of particularly interest as we have an ambition to be a sustainable and ethical UK mine and this assists in the commercial case for building our own solar and wind capacity. Tungsten West is a nationally, even internationally, important mining project given China's dominance in this critical metal and the need for tungsten in the green energy transition: a planning system that supports domestic supply chains is good news for the manufacturing industry in the UK.

We also noted the announcements on investment zones. If Devon were to become one of the new investment zones then alongside the already granted free-port status for Plymouth there is a real opportunity to boost economic growth in the County, with Tungsten West at the forefront.

Mining is an inherently risky and volatile industry in which to invest, so therefore the cancellation of the planned corporation tax rise enhances the investment case in Tungsten West, de-risks the project and should lower our cost of capital. This supports our plan to proceed with creating the 250 direct jobs and an anticipated 1,500 indirect jobs through the supply chain to Hemerdon."

[danmart2] 31/10/2022 18:13

Looks life a funding raise is on the way

[zero the hero] 31/10/2022 15:30

The market really does not love this share ...down to 16.4 and the sellers don't look finished yet. Glad I have not invested here.

[goodgrief] 13/10/2022 10:33

EV angle to Tungsten. . . hTTps://themarketherald.com.au/almonty-industries-asxaii-awakening-the-tungsten-giant-right-when-the-world-needs-it-most-2022-10-11/In 2018, Cambridge University published astonishing data about lithium batteries combined with niobium tungsten oxides. The data showed that this tungsten-infused battery could charge faster, output more, and last up to 10 times longer than conventional battery tech used in electric vehicles.On top of this, these batteries are safer, too.It's placed tungsten - a metal already primed for a spike in demand amid rising geopolitical tension around the globe - on the grand stage of the EV game, and investors are beginning to put their money where this metal is.

[mally6] 13/9/2022 08:37

Looks a great turnaround company buy and hold should double up

[danmart2] 29/8/2022 21:14

Will the increase in energy costs and further predicted energy cost increases bring a halt to progress?

[zero the hero] 08/8/2022 10:38

Surprised at the share price being 8% down. Seems a reasonable update considering the circumstances and no real news that could not have been expected.

Seven Ore Sorters delivered in the UK.

Offtake agreements entered into with Wolfram Bergbaau und Hutten AG and Global Tungsten and Powders Corp to purchase tungsten concentrate.

Offtake agreement entered into with AfriMet Resources to purchase tin concentrate.

Average number of employees at 31 March 2022 increased to 58 (2021: 34)

[zero the hero] 20/7/2022 10:19

Snap UKGeorge but I dithered lol

[petersmith6] 20/7/2022 09:51

Waiting to see what happens after lunch before I decide to top up.

[ukgeorge] 20/7/2022 09:19

ahhhhhh I should have got in :(

Nice bounce

[petersmith6] 20/7/2022 09:12

Not a bad day so far.

[ukgeorge] 19/7/2022 11:03

VSA still have a quite good broker target, but that is what they are paid for.

[ukgeorge] 19/7/2022 11:02

Tempted to buy a few of these. Interesting update.

[zero the hero] 19/7/2022 07:22

There is life in the smouldering dead carcass ... No dilution for shareholders, reduced energy consumption, but reduced output. Well at least its alive.

No green energy proposals, cannot help thinking they have missed a trick there.

[millennialinvestor] 10/6/2022 08:59

Still a smoldering pit of a dead carcass... lol

[zero the hero] 10/6/2022 08:51

This company seem to be hell bent on their own demise, still no planning application in respect of green energy installations on their site. How long does it take to make a decision on how much and then raise more cash to pay for it?

[willo] 26/4/2022 11:01

This is looking very sick

[willo] 21/4/2022 12:02

The million dollar question. Can Orion successfully claim an event of default under their royalty agreement?