Wolf Minerals Share Discussion Threads

[andy] 29/4/2016 13:49

duplicate, sorry

[andy] 29/4/2016 13:47

dudishes,

if you still have the full article why not post it here?

If that is really going on the mine came after the housing so anyone knowing the law of nuisance will know how that would work out if it goes to court.

It's hard to see the people effected just taking disruption to their lives lying down, surely their voices will grow louder in time?

very sorry to hear they were s arrogant at the meeting, doesn't augur well having bad community relations.

Very disappointed to read that, after willing this company to succeed since the inception of the project.

Does anyone know how many houses/people are impacted?

[andy] 29/4/2016 13:47

dudishes,

if you still have the full article why not post it here?

If that is really going on the mine came after the housing so anyone knowing the law of nuisance will know how that would work out if it goes to court.

It's hard to see the people effected just taking disruption to their lives lying down, surely their voices will grow louder in time?

very sorry to hear they were s arrogant at the meeting, doesn't augur well having bad community relations.

Very disappointed to read that, after willing this company to succeed since the inception of the project.

Does anyone know how many houses/people are impacted?

[katie priceless] 29/4/2016 13:45

FirstFT is our new essential daily email briefing of the best stories from across the web
When oil prices were high, they made older, less fuel-efficient aircraft more expensive to run and therefore encouraged airlines to upgrade their fleets. As a result, secured lending against new aircraft sales surged. Capital markets now fund almost 40 per cent of the $122bn aircraft finance market, according to Boeing, up from a negligible amount before the financial crisis.
This has been a boon to aircraft leasing companies, which make money by buying planes and then leasing them to airlines to operate. They issued debt, which was snapped up by yield-hungry investors who offered these companies ever-cheaper borrowing terms over the past five years. This cheap financing for their product proved a similar boon to aircraft manufacturers: Boeing’s order backlog has almost doubled since 2011.
Equity investors also started to get excited. Hedge fund manager David Einhorn declared that shares of AerCap, an aircraft leasing company, were a bargain at the 2015 Grant’s Investment Conference.
However, the collapse in oil prices means the party may be coming to an end. Older, second-hand planes are now more cost effective to run, relative to newer more efficient aircraft — meaning demand for new stock should start to fall. Last year, Delta Air Lines said it was witnessing an “aircraft bubble”, noting that it had sourced a used 777 aircraft for just $7.7m in December, compared with a factory fresh price of more than $250m.
All of this is cause for concern for holders of the leasing companies’ debt, and shares. While secured, the leasing debt is only as secure as the creditworthiness of the airlines that use the planes, and the second-hand value of those planes. Shares in emerging market airlines, the main buyers of new planes, have tanked over the past year. But leasing companies’s debt is still trading at par value. One aspect of this relationship will have to budge soon.
Chart: Emerging airline stocks underperform
[e-mail]

[katie priceless] 29/4/2016 13:34

Some of the main areas where Wolfmet tungsten alloy can be useful on an aircraft include:

• Propellers - the alloy can be added to propeller and rotor blades on aeroplanes and helicopters in order to act as a counterweight that will help to prevent them from spinning too fast.

• Anti-flutter/flight control - every aircraft has many components, and some of these need to be counterweighted to ensure the flight runs smoothly. In particular, external components such as rudders, flaps, ailerons and elevators must have this extra weight to prevent fluttering and other factors that could disrupt the flight.

• Ballast - commonly used in test flights, tungsten alloy can be used to simulate the weight of baggage and passengers to help designers form an accurate impression of how the plane will perform on a regular flight.

• Anti-vibration - the extra weight provided by tungsten alloy helps reduce vibration in the main body of the aircraft, ensuring greater comfort for passengers. It can also be used to tackle vibrations in individual components such as control sticks to make them easier to use.

Why tungsten? Tungsten alloy offers advantages over competing metals such as lead. Its increased density makes it by far the best option in cases where a lot of weight is required to fill a small space, as is sometimes the case with aircraft ballast.

[katie priceless] 27/4/2016 09:24

hxxps://t.co/fAggYrRnHo

[ride the wave 1] 26/4/2016 23:41

READ THIS

Proactive investors 21/4/16 Wolfe minerals digs in deep for tungsten revival

Google it !!!

[ride the wave 1] 26/4/2016 20:16

This is under the radar big time . Wlfe has started a new uptrend and recently created a new higher low on the chart . We should create a new higher high as well very shortly . The time to buy is when the bbs are dead and when no one seems interested . Wlfe are going to be running production at full power in around ten weeks time and the price of tungsten is rising on a daily /weekly basis so Wlfe are very well positioned to take full advantage , considering they will be producing 5% of global Tungsten (25% of western world production) .

The biggest shareholder just ploughed in £25m above the current share price so they have enough cash .

DYOR

Btw , take no notice of the red ticking troll who's following me around (LOL)

Ps watch this video it's the manager director talking on proactive investors :-

[thomasthetank1] 22/4/2016 13:10

Read share price Angel's note on WOLF MINERALS, out this morning, by visiting hxxps://www.research-tree.com/company/AU000000WLF3
"Shareholders have approved the £25m standby subscription facility with its major shareholder, Resource Capital Fund (RCF). RCF will subscribe for shares at a price of 9.19p/share, representing a 21% premium to yesterday’s closing price. The subscription offer will remain open for a period six months and Wolf Minerals is expecting to draw an initial £16m imminently. The subscription potentially takes RCF’s interest in Wolf Minerals to over 55%. “The approval of the facility enables Wolf to continue the ramp up of the Drakelands mine to enable the project to reach its true potential. With the placing at a premium to the market, it is clear that Wolf Minerals continues to enjoy the support of its major shareholder, RCF. We consider that, with the closure of Canada’s major tungsten operation at Cantung, there is an opportunity for the Drakelands mine to emerge as one of the major western world tungsten producers and for Wolf Minerals to take a leading role in the world’s tungsten industry. RCF’s continuing support could be a decisive feature in delivering this outcome..."

[proactivest] 18/4/2016 16:08

Video interview with Russell Clark



Russell Clark, managing director at specialty metals producer Wolf Minerals (LON:WLFE), talks to Proactive Investors about the progress of the Drakelands tungsten mine in Devon, the first producing mine in the UK in 45 years. and plans to raise up to £25mln.

He says the Drakelands mine is "taking shape" with the processing plant gradually ramping up and which should run at full speed by the middle of the year.

Clark says he is encouraged by the rebound in tungsten prices and expects this recovery to be sustainable.

[ride the wave 1] 07/4/2016 20:26

Leg is getting re-rated and the fundamentals are rock solid . Transformational news is due this month so read through the rns and make your own mind up because it will multi bag imho

Watch this CEO interview from 3 weeks ago :-



Also if you look at the daily , weekly and monthly candlestick charts you will see that month on month it's only going one way and one way only . It's also in a golden cross 100dma above 200dma .

I've just posted all the research I have done on the BB if you are interested ?

ATVB

[tradermel] 06/4/2016 07:21

Nice appointment with a good track record

[dudishes] 05/4/2016 18:25

Noboday asked for full article so ditched it.

no position

[ride the wave 1] 03/4/2016 12:36

Off topic chaps ,

Take a look at Leg , they are in an uptrend and are about to have a year high break-out next week .The chart is awesome in every time frame and its in a golden cross 100dma above 200dma . Transformational news is due at anytime regarding a huge NHS contract (even Nick Jenkins who sold Moonpig / dragon from Dragons den ) has recently taken a stake in Virtualstock , where leg owns 7% . Leg is undervalued and could easily become 2016 best performer on Aim .

Read through the rnss and make your own minds up (put on your watch list at the very least) .

ATB and GL whatever you decide .

RTW1

[dudishes] 18/3/2016 13:53

Plympton, Plymstock & Ivybridge News dated 11 March 2016 (Copy on the way to me).

Front page:-

Villagers' concern over mine blasting by Chris Derrick.

If you recall, a young couple moved out of their home due to vibration/buzzing etc...now the whole of Sparkwell and the local Zoo are complaining about the same.
Cracks in walls and constant buzzing continue.

Apparently, Wolf called a public meeting in Sparkwell village hall 2 weeks ago to discuss the issues wrt blasting/cosmetic damage (their view) etc....

but they have hit a snag:- Mr Ben Mee, chief exec officer at Dartmoor Zoological Park was present (also in Sparkwell), experiencing the same (although previously denied by WLFE).

Mr Mee's comment:- "Found the meeting less than satisfactory, it was surprising, they came down to talk to the village, and we thought they would strike a conciliatory tone, but instead they just turned up with the message:

You've bought a home near a mine - now get used to it!

Mr Mee added "It is sad, leading figures in the village looked bewildered and crushed. The ongoing effect of the low vibrations and constant buzzing has really taken its toll. We were astounded at their lack of will to make any concessions.

Another quote: Despite reports of smashed windows, cracks appearing on the inside of homes, Wolf Minerals insist the damage is and will always be "cosmetic".

Unfortunately, the paper has been sent to our home, but we are away for a month or so.

Belay that, just spoken to my Son, guess you can read it:-

www.southhams-today.co.uk Friday, March 11, 2016 edition.

I'm seriously thinking of shorting this outfit (no takers at this time).

Rgds

[nickgrant2] 15/3/2016 20:59

what does the panel think about the uptick in tungsten price? Another spike like in early feb or the green shoots of recovery?

[tradermel] 14/3/2016 08:39

RNS released at 8.10 - financials, no real surprises, and sold just short of a Million $ of Tungsten.

[warnock1] 09/3/2016 12:57

Jesssss,

Rumour has it the Germans are going to help with a euro loan but hey ho, AIM rules ok !!

[phillis] 09/3/2016 08:17

So breached banking covenants
But no update on operations

Smells a bit unhealthy

[dudishes] 08/3/2016 19:42

warnock1 - WRES when back to ask for more dosh?

I don't trust this lot, yours even less.

Jesssss

[warnock1] 08/3/2016 07:56

WRES seems a better option at the moment, 16M start up costs and production to start at the end of the year.

[dudishes] 08/3/2016 07:12

Rang them yesterday, no comment, but lorries are transporting, but not sure what.

I'm in Plymouth July, I will check out then, just hope not too late!

cheers

[katie priceless] 04/3/2016 20:05

Well they should be known