"Wolf is actively reviewing organic and step out growth...

"Wolf is actively reviewing organic and step out growth opportunities"
That was in the last UK Investor Roadshow Presentation only last month!


At the moment I’m looking outside the box, to see were WLF could get some growth opportunities in the near future. Now below is only a theory that I have been working on, I might be wrong on all of this, but I can’t see WLF doing it any other way, time will tell if I’m right or wrong on the matter. (I'm hoping its not far off the mark)

Which growth opportunities and or companies could WLF have in mind in the near future beyond 2020?....(it's only 54 months away)


We know that WLF, is trying to extend the mine life, by steepening the walls of the mine, WLF could also go deeper within the mine itself, Ore body is open at depth, which could also mean, that WLF mine has the potential for underground mining.  WLF have also applied for 7 day operation for the mine site, which IMO I believe they will get the permit for it, as long as there hasn't been any problems of sorts at the mine site.  If the company can achieve the above, we could have a mine life of between 10-15+ years I believe.

I'm sure that the company is looking beyond 2020 for supply of tungsten world wide, I know I would, if I was in the business!   

I have been researching just this, below are 3 companies that WLF might have an interest in IMO. All three companies estimated capex are under $72 million, also the markets cap of them are $72m, $38m and $13.7m, which could be within WLF future plan of growth opportunities. There are other companies that can produce more tungsten then this group, but the estimated capex are well over $100 million, two of them are well north of $150 million, I can’t see WLF going for this group, as it would cost too much to finance the projects. But on the other hand, IMO I could see WLF making a play for one of the three companies below, all three could produce tungsten of between 2000-3000 tonnes per year, which in turn, means WLF could one day cold produce between 5000-6000 tonnes of tungsten in the future, if they happen to buy one of the these three companies.

The companies below, as far as I know, don't yet have finance for there tungsten mine, as we all know, ATM its very hard for companies to get finance to get projects up and running.

Again this is only a theory of mine, that I have been thinking of, the company might have other plans for future growth for its business. Whatever happens beyond 2020, I will be there looking on with interest.  


Now below are the companies that WLF might have a look at, for future growth opportunities.


Ormonde Mining.

Oremonde is an AIM & ESM listed mineral resource company, which is developing mining projects and carrying out exploration in Spain. Ormonde's key activities: The Barruecopardo Tungsten Project - Ormonde aims to develop this world class tungsten project during 2014. Once in full production it will deliver ~12% of current non-Chinese world tungsten concentrate supply.

Barruecopardo will have a nine-year open pit life and produce an average of 227,000 metric ton units (mtu) per annum of tungsten trioxide concentrate, the project is at the low end of capital intensity and operating cost for the industry, the large resource offers scope for extending the mine life and provides valuation upside.  The total resource at the site stand at 27.39 million tonnes at 0.26% WO3 yet the planned open pit only captures a mere 40% of the total resource.

Ormonde Mining have no finance yet for there tungsten mine.


Ormonde Mining have been Approach from Almonty Industries, see link below.

http://ormondemining.com/uf/press releases/Almonty Approach 11-3-2015.pdf

http://www.*.co.uk/companies/news/7...flagship-spanish-tungsten-project-74584.html#

http://www.ormondemining.com/



Vital Metals


Vital Metals which is on the ASX (VML) its market cap $13.7m, tungsten target production of 3000 tonnes per year, current sp is 3.2 cents, market cap 9.75 million.  VML is focused on the development of the Watershed scheelite project located in Queensland, DFS has confirmed a 2.5Mtpa operation will deliver high-quality tungsten concentrate over an initial mine life of approximately 10 years.  Project is fully permitted with all Mining Leases, Environmental Authority and Indigenous Land Use Agreement in place, as far as I know, no finance for the tungsten mine.

http://vitalmetals.com.au/



Carbine Tungsten


Carbine Tungsten is on the ASX, (CNQ) has a market cap $38 million, its sp is 12.5 cents, tungsten target production of 2000 tonnes.  Today's announcement from the company is very good for the company.

Carbine Tungsten Ltd Board Agrees Loan and Offtake Conditions with Mitsubishi Corporation RtM Japan Ltd.

Link below.
http://www.carbinetungsten.com.au/announcements/funding-update


The company may also have a look at Plymouth Minerals, which Humphrey Hale is a Non-Executive Director of, don't forget, he has history with WLF as we all know!

Good luck to all













C
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