Wti Oil Etc Discussion Threads

[mreasygoing] 19/3/2018 11:14

Buy the dips.

[spawny100] 19/3/2018 10:49

Nice recovery. Mugged a few this morning. Resisted temptation to sell when I did a dummy and they'd take all mine at a premium. Happy to be patient...

[mreasygoing] 19/3/2018 10:43

Copper price will drive this higher. Patience needed. Big rewards here for the patient.

[wassapper] 19/3/2018 09:45

spawny - it does not read well, but that has been in all the statements over the last couple of years. Orion have always let it roll over. We'll see. Clear progress on many fronts but they need a high copper price to keep the cash positive.

[augustusgloop] 19/3/2018 09:25

I suppose that mug-punters will think that these results are good:

Losses over the previous 3 years, averaged $400,000 per week
The rate of loss in the last 6 months is only $227,000 per week.

[gozo] 19/3/2018 09:13

Think you're contradicting yourself!

[augustusgloop] 19/3/2018 09:11

As I said, they were overvalued at 0.5p --- there will NEVER be any return to shareholders.

[spawny100] 19/3/2018 08:58

Couldn't see anything glaringly bad until I got to:

"Under the latest revision of the financing agreement over US$20m of repayments are due by 31 March 2018 and it is unlikely that the Group will generate sufficient surplus cash to meet the revised loan repayments schedule and the Group's and parent company's ability to continue as a going concern will be dependent on Orion's continued support, of which there is no certainty."

[maverick247] 19/3/2018 08:39

Copper going to go into deficit its a recovery play once debt is restructured then its about whether you are bullish copper , i am

[mattjos] 19/3/2018 08:17

Sadly reads to me that Tschudi unlikely to ever make any money unless copper price goes beyond $8k and this is why they are casting about for the next project.

[rrr] 16/3/2018 13:27

Thanks brian, that's a good read as you say. rrr

[brian1944] 16/3/2018 10:26

hxxp://www.visualcapitalist.com/the-looming-copper-supply-crunch/ hi all this is a good read

[maverick247] 09/3/2018 08:28

Nothing currently on offer

[gozo] 09/3/2018 07:41

You pushed the buy and sell buttons augustus and decided on your timing.Not WTI's fault that you bought high and sold low.

[mreasygoing] 08/3/2018 18:46

Copper was at it lows over those years, now it is in demand more than ever and demand is only going to increase in the future = higher Copper price. Why has the Troll Farm stopped mentioning the interim date ?

[augustusgloop] 08/3/2018 17:48

I don't see why anybody is buying.

Over the last 3 years Weatherly International have lost an average of $400,000 per WEEK!

[mreasygoing] 08/3/2018 17:31

Now we see why the mm's were desperate to buy large volumes today. Big order filled.

[spawny100] 08/3/2018 16:36

I've added today today - seems a popular thing to have done!

[mreasygoing] 08/3/2018 16:24

I too have been adding under 2p whilst it's been drifting. Get ready for a big move soon.

[maverick247] 08/3/2018 16:21

Haha!In other news i just added 300k !

[jimmyhoffa262] 08/3/2018 13:28

Wouldn't be surprised to see this fly soon back to 3p