Wti Oil Etc Discussion Threads

[johnwise] 11/2/2015 14:59

Iranian researchers from Orumieh University produced a new type of nanocoating to increase the corrosion resistance of copper.

[wiloughby2] 10/2/2015 08:09

Thanks for the article on electro winning Daniel . Well worth reading. W

[jdwag] 09/2/2015 20:11

Thanks, that's a great article. I'm very hopeful of company making news this week now (I'm being optimistic lol).

JD

[rhotoid] 09/2/2015 19:10

thanks danieldruff2

I'm glad someone knows the process

[danieldruff2] 09/2/2015 19:06

First copper will depend on when it is harvested which is not 100% predictable on the first cycle.

See the explanation of SX-EW plants on the CAML website for a good idea of the processes involved. In CAML's case they are leaching a tailings dump.

[soulsauce] 09/2/2015 12:58

Thanks JD interestring.

[jdwag] 09/2/2015 12:19

Posted on LSE by Cacher:

hxxp://t.co/Pee1oKs63K

JD

[mally6] 09/2/2015 09:19

polo can buy probably have been on open market.be silly to pay double.still very confident here not selling until next update due anytime.

[danieldruff2] 09/2/2015 08:51

Polo will look pathetic if they do nothing more with their WTI investment. They should have pushed for a merger between the two companies. With Polo's cash balance, they could have closed Central Ops or invested the working capital needed to take it to 7000t/yr. They would have had enough cash to pay off loans through periods of low copper prices. They would eventually have enough capital from the mines to take their own projects forward. They would be a 25000t/yr copper producer - are they really going to continue as they are, valued by the market at less than their cash pile?

Anyway with regret I sold out of my position here towards the end of last week. The negatives have only grown this year and I am struggling to see WTI making any profit this year, and that's before payment of loans. To assume otherwise requires heroic optimism. If Polo do indeed jump in and take the prize I might buy a few shares in them. Good luck to those who remain - hope you get that first copper RNS spike later in the month.

[johnwise] 09/2/2015 08:46

First batch of 4,400 copper swaps dealt

SHANGHAI Clearing House launched 6th February the central counterparty clearing business for copper-premium swap trading, which saw the first batch of 4,400 copper contracts traded.

[dhymeri] 09/2/2015 08:39

Kinda expected really. Not necessarily a bad thing.

[leedskier] 09/2/2015 07:45

With less dilution of its shareholder base.

[failedqs] 09/2/2015 07:42

Polo not exercising remaining options - as a polo shareholder I'm relieved, where does this leave Weatherly??

[finess] 06/2/2015 17:30

I think the price of copper is factored in already Anto on an up.

[johnwise] 06/2/2015 14:31

SHFE copper price highest in 2 weeks despite increased inventory -

[johnwise] 05/2/2015 21:44

Copper higher amid oil price rise

[gasman10] 05/2/2015 19:17

Copper up again

[ashbox] 05/2/2015 14:18

Proactive investors article pre-dates the January central ops update/debacle.

[johnwise] 05/2/2015 13:06

Watch this space for the next RNS "Big gains to be made here."

"Over 80,000 tonnes of ore has been stacked and first copper is forecast to be produced in February 2015".

[zendik] 05/2/2015 12:58

Volume very low. Dont buy unless that increases. Take note of JKX for example.

This will be back down soon.

[bckttsim] 05/2/2015 12:30

Upward movement at last.Watch this space .Big gains to be made here. IMO.

[johnwise] 05/2/2015 11:24

City firm finnCap has initiated coverage of Namibia-focused copper play Weatherly International (LON:WTI) with a price target of 8.3p.

[panicinair] 05/2/2015 11:09

JDwag says:

"As Boffin says, it all depends on your investment appetite for risk. I like what I see here, and as such have taken a position here at an average of 1.45p. FWIW I am not blinkered to the obvious challenges here, I simply believe they are there to be tackled and the business restructured to the benefits of the shareholders (50% of whom are Institutions of one kind of another).

Also, I also don’t think there will be any rally in Cu Prices in H1 2015 either, like oil, I believe the abundant supply of Cu has to be ‘worked’ out of over time as high cost producers and mines are taken out of operation allowing the Cu Price to stabilise in H2 2015 at $3lb (I wonder how many Cu Companies and Mines are now losing money? Lots I bet!). I also believe that when the CEO in the RNS of 21 Jan he says ‘At current production levels and copper prices Central Operations are unsustainable and the Board will review the situation going forward’ I think that means that cost cutting measures are en-route in Q1 2015 (i.e. this Quarter). These measures would have been difficult before, however, I tend to lean to the side that says that Tschudi will allow these cost cutting measures to be absorbed better.

The current climate means this business has to get ‘lean’ simple as that! With that cash on the books ($10.5m at end of Q4 2015, 60% of cash to MCAP Ratio), clearly content Institutions taking a ‘long position’ with Tschudi in mind and Tschudi generating revenue 3 months or so ahead of schedule I think this is a compelling buy. If the BoD instigate a cost cutting programme in Q1 2015 (I bet their Institution shareholders are calling for it as we speak) I think this becomes an even better buy. JD

[michaelsadvfn] 05/2/2015 11:01

Anyone for copper grades of 28.4%?

That's not 28.4g/t...it's 28.4% Cu !!! ....and 7g/t Au to boot !!!

Drilling results expected any day now from the recent Red Bore drilling programme.