senn1965
05 Mar 2018
OJ Opening soon tastes good Massive tour around coming imho copper level has helped Senn
noelesor
21 Feb 2018
CAF Sorry. They are buying 65% and will then have 90% 0F CAF.
noelesor
21 Feb 2018
Caf Insightful- are you sure you sold CAFat a profit. They only made losses and they are not listed on the AIM market. I have a recent message from Weatherly's Co Sec to say there is no dealing in them except privately but Weatherly is in the process of taking over CAF with a 60% holding. They might bid for the other 40% but have not decided yet
Innsightful
12 Feb 2018
Trades It has been a bit volatile recently but very positive to see the large volume of trading activity over the past 3 weeks compared to the static days. There's certainly much more interest in WTI and its plans for the future.Inns
Innsightful
08 Feb 2018
Re: 3.5p by Friday.. Wonder what sparked this dip?? Cu has dropped to $6,850 so that didn't help in the short term.Shall amend prediction to 3.5p by Friday 16th..... I've been in WTI too long to worry about the short term.
JRz
08 Feb 2018
Re: 3.5p by Friday.. See Spight's message (21st Jan 18)
banner20
08 Feb 2018
Re: 3.5p by Friday.. What results?To be fair it actually went above 3.5p on Wednesday......it just didn't stay there!
JRz
08 Feb 2018
Re: 3.5p by Friday.. Do you still think 3.5p by Friday despite the drop today? I guess results are due.
Innsightful
06 Feb 2018
3.5p by Friday.. Very positive news stream from WTI....
Innsightful
05 Feb 2018
Re: CAF Shares I ended up selling mine and did pretty well. Funny how Berg Aukas is now back with WTI and looks a very good price. With CU over $7K, this is looking very good value when you consider the addition of Kitomba very shortly. Inns
trickler
05 Feb 2018
CAF Shares Does anyone know what has happened to the CAF shares we were given by WTI some years ago?tclr
Spight
05 Feb 2018
iii Have not released. The RNS
Spight
05 Feb 2018
Re: Any one there have you read Rns 05/02/2018 8:53amUK Regulatory (RNS & others)TIDMWTIRNS Number : 8920DWeatherly International PLC05 February 20185 February 2018This announcement includes release of insider informationWeatherly International plc (AIM:WTI)("Weatherly" or "the Company"
Agreement to purchase additional 65% of Berg AukasWeatherly is pleased to announce that it has entered into a binding agreement to increase its ownership of China Africa Resources Namibia Limited (CARN) from 25% to 90%. CARN is a private Namibian company which owns 100% of the high-grade Berg Aukas underground zinc-lead-vanadium project near Grootfontein.CARN share purchaseCARN was previously held 100% by China Africa Resources plc (CAR), formerly listed on AIM, and now known as Pembridge Resources, listed on the standard list of the LSE.In December 2016, 100% of the shares in CARN were distributed via a dividend to existing shareholders of CAR. The two largest shareholders of CAR at that stage were Weatherly with 25% and Hong Kong East China Non-Ferrous Mineral Resources Co Ltd (ECE) with 65%.As a result, Weatherly owns 25% of CARN, ECE owns 65% of CARN, and the remaining 10% of CARN is held by the remaining minority shareholders of CAR at the time of the dividend.Weatherly and ECE have now entered into a binding agreement whereby Weatherly will purchase all of ECE's shares in CARN for cash consideration of US$600,000 in order to increase Weatherly's ownership of CARN to 90%. The transaction is subject to regulatory approval in Namibia, following which the full consideration will be paid to ECE immediately. The Company expects to fund the transaction through operating cash flow but in the event that it cannot, Weatherly has obtained a waiver from Orion Mine Finance to use part of the uncommitted US$10m loan announced on 28 July 2017 to fund the transaction.Berg Aukas ProjectIn 2014, CAR published a PFS for Berg Aukas which indicated the following key parameters.-- JORC-compliant Mineral Resource Estimate of 1.23Mt @ 15.47% Zn, 3.84% Pb and 0.33% V(2) O(5) (Indicated classification) using a cut-off grade of 3.0% Zn-- JORC-compliant Ore Reserve Estimate of 1.7Mt @ 11.16% Zn, 2.76% Pb and 0.23% V(2) O(5) (Probable classification) at a 5% Zn equivalent cut-off -- Post-Tax NPV10 of US$29m -- Post-Tax IRR of 25%The 2014 PFS was based on assumed prices of US$2,000/tonne for zinc and lead. The vanadium is present in the mineral descloisite which has a limited market and the PFS assumed no credit was received for the vanadium content.Prices for all three of these commodities have improved markedly since that time, and Weatherly has initiated an update of the PFS to examine the impact of these improved prices and updated capital and operating cost estimates on the Project's key financial metrics.Further announcements on the progress of the share purchase and the PFS update will be made in due course.The Company and its subsidiaries are unlikely to generate sufficient surplus cash to meet all loan repayments when due, particularly in the near term. The Company continues to positively engage with Orion on the subject.For further information please contact:
Spight
05 Feb 2018
Any one there have you read Rns Yehaaaaaaaa
Innsightful
02 Feb 2018
Re: 2p next week Get in there!!!
