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Wolf Minerals Ltd.....a worldclass mine on our doorstep for a change (WLFE)     

required field - 27 Jan 2012 16:52

New kid on the block, tungsten on the rise and all this in devon....what devon ?.....yes : devon...by jove....!.


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CC - 10 Oct 2018 11:37 - 221 of 229

Suspended pending clarification of financial position.

Which could mean anything

skinny - 10 Oct 2018 11:48 - 222 of 229

Another gem of an investment! :-(

CC - 10 Oct 2018 12:03 - 223 of 229

Sorry to hear Skinny.

I read the accounts yesterday. Ramp up in production looked too slow to me but I'll be surprised if they go under.

Probably more convertible loans/warrants?

skinny - 10 Oct 2018 12:06 - 224 of 229

My two forays into home grown mines are these and SXX - I hold quite a lot of the latter.

Time will tell and yes, probably more paper!

skinny - 10 Oct 2018 12:55 - 225 of 229

Funding position update

Specialty metals producer, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf or the Company) refers to its announcement on 9 October 2018.

The Company has been unable to satisfactorily conclude its discussions with its key financial stakeholders and therefore is not in a position to meet its short term working capital requirements in order to continue operations at its Drakelands open pit mine. Consequently, the Company's wholly owned subsidiary, Wolf Minerals (UK) Limited, has ceased trading effective immediately.

The Board of the Company has resolved that Martin Jones and Ryan Eagle of Ferrier Hodgson be appointed as voluntary administrators of the Company.

At the request of the Company, Wolf's depository interests have been suspended from trading on AIM.

The Company's shares remain suspended from trading on ASX.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

VICTIM - 10 Oct 2018 12:55 - 226 of 229

RNS Administration , gutting .

cynic - 10 Oct 2018 13:26 - 227 of 229

sorry, but why would you be surprised?

VICTIM - 10 Oct 2018 13:29 - 228 of 229

Only gutting for the shareholders really .

required field - 10 Oct 2018 19:35 - 229 of 229

God almighty : another one....got out months ago....not good....
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