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WTI Wti Oil Etc

16.6875
0.2725 (1.66%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Wti Oil Etc LSE:WTI London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.2725 1.66% 16.6875 16.67 16.705 - 0 16:35:23

Wti Oil Etc Discussion Threads

Showing 14951 to 14975 of 16275 messages
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DateSubjectAuthorDiscuss
30/11/2016
15:11
copper now up 1.41%
xcap
30/11/2016
11:08
Its has down 7%.
blueball
29/11/2016
12:13
Suprised this hasn't moved
nasnas1
29/11/2016
11:41
All abut the price of copper
and for now it is looking good

billthebank
29/11/2016
10:18
CHIEF EXECUTIVE OFFICER'S REPORT

Operational Review para 5.

The quarter to March 2016 demonstrated what Tschudi can do - we produced copper at rates 4% higher than nameplate, and at C1 costs below US$ 3500 per tonne.

leedskier
29/11/2016
09:43
Good summary, but we need to know what the C1 costs are going to be. Hopefully they can get them below 3800/t. With the current us/rand exchange I think it's very achievable
shapido
29/11/2016
09:13
Copper price recovered to last weeks levels c 2.6 yet this seems to react back
keya5000
28/11/2016
20:45
Fair summary but think that we are due a rerate to reflect the potential here.
nasnas1
28/11/2016
20:15
I would think with production of that level they would be worth more than £50-100m.

Double that would be fairer.

keya5000
28/11/2016
20:12
A note of caution.
No need to nit pick the figures they are approx for illustration.
WTI owes Orion over $100mill, about $8 mill due by feb 2017 and thereafter scheduled repayments of nearly $7 mill per quarter in 13 payments from feb 2017 to feb 2020.To meet that schedule they need to produce and sell around 4000 tons per quarter at >$5500. In light of recent price action that looks more likely than it has done for some time but it depends on hitting production targets and prices staying at or above current levels or some intelligent hedging at current levels.
The plus side is that Orion have been reasonable over rescheduling debt -obviously as they own a quarter of the company and have a $100 mill liability there is no point in them bankrupting the company, so there is no likelihood of imminent collapse. If recently announced plans are successful and the recovery in copper prices hold then 3 YEARS from now WTI will be earning >$25mill per annum and be debt free, with a share price of 5-10 times the current one but you may have to wait .

casapinos
28/11/2016
19:17
So what discount should have applied for the current debt. 50/60/70/80/90% at 97% discount surely this is a bagger. ...
nasnas1
28/11/2016
19:00
good comparison is CAML with £247m mcap

similar production figures - no debt and lower C1 costs, but still a £240m mcap gap?

xcap
28/11/2016
17:56
Million just appeared! !! Is it just me or is someone sweeping stock? ?????
nasnas1
28/11/2016
17:44
I think the story is compelling. ..very surprised if this isn't 2p before the weeks out
nasnas1
28/11/2016
17:27
All for £11m mcap albeit with a bit of debt.
keya5000
28/11/2016
17:23
At just $5500 a tonne that is $1,138,500,000 in revenue. Of course there are the other projects too.
leedskier
28/11/2016
17:16
This link provides the answer.

As of December 2015, the mine is estimated to contain reserves of 24.4Mt of ore grading at 0.85% Cu containing 207,000t of copper.

leedskier
28/11/2016
17:07
BTB, is not a case of give them a shovel/pick and a stick of dynamite?
keya5000
28/11/2016
17:05
BTW guys anyone know how much of a resource we have at tschudi?
billthebank
28/11/2016
16:58
Plus if the price of copper stabilises then we should be mining 20k tonnes per annum rather than 17k tonnes Small downside is repaying our borrowings which has been a little sticky with the price of copper being so low of late Having said that they have reduced their costs significantly so a huuuuge well done to the company in this respect. Other downside may be the amount the company intends to spend in training up the indigenous population on the art of mining? Not cheap but cannot remember the costs. Must re check the last RNS.
billthebank
28/11/2016
16:52
Tschudi nameplate production rates of 1,417 tonnes per month (tpm) have been re-attained during October, two months earlier than forecast.
leedskier
28/11/2016
16:51
Think so mate, looking good is it not.
keya5000
28/11/2016
16:35
Just want to check if I am correct right here guys.So we sell 700t to Orion @ 5k/t. Leaving us with around 900t to sell @ current rates.Is this right
shapido
28/11/2016
15:27
Copper holding at c 2.7 also.


This should be heading upwards.

Just a tad off radar I suspect.

keya5000
28/11/2016
15:25
Amazingly cheap when you look at the assets.
someuwin
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