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Safety,can't remember what I said ,think it was 240 .....tommorow then for news
I don’t expect good results. The proactive interview did not indicate that, so for me it’s more about production moving towards design levels. Anything above 100 tons is OK for me. News on grant and government loans would be welcome. The bit in the interview where MM says about trucks and tin implies at least two trucks of tin which implies more trucks at 20 tons, so 100+ is reasonable. 200 is happy days.
Gmed
In my opinion Ok results with good details and forward thinking information will see a quick jump in the SP mate, as you rightly say what happens after that is dependent on numerous possibilities in terms of for example the grant, refinancing, Regua start up, Regua production rates, and, date I say it, the gold licence and then the drilling, the agreement on the lay of the gold in the ground, the amount of gold discovered from the drilling etc, etc, etc.
GIT
Yes, of course I agree with you that sp movement of any share is based on many, many things, of which the actual operations of the company are but one. But what I meant was the immediate reaction to the rns. What happens to the sp a few days later is anyone's guess, regardless of the content of the rns. But as you say, time will tell. (Doesn't it always?)
Gmed
The results are important but in my honest opinion what happens to the SP afterwards will not be simply based on those results.
If we get results that are for arguments sake close to the 150 and 30 tons that I have suggested, what then matters is what if any other forward thinking information we get, so in my opinion if we just get the bland results of 150 and 30 with no indication of what was produced in which months and most importantly wether we are now improving our production each week, then I fear we will at best see the SP stay at or close to the current price, however, if, we get those production figures and are told that, again for arguments sake, we produced 20 tons of tungsten in April, 40 tons in May, and 90 tons in June which was increasing through the month and culminated in 40 tons in the last week of June, and that, that 40 tons per week had been sustained in the beginning of July, then I believe we could see an increase in the SP.
Time will tell - not long to wait now
As dreamy has now gone for a 3 the revised figures are:-
7x3 and 3x4 that’s 33 from 10 guesses and an average of 3.3
To get around the problem of various personal definitions of exactly what each number means, we should say what we think the concrete result of the numbers will be. So will the sp rise, fall, or stay the same on release of the rns? After all, that's the real measure of whether the production numbers are considered good or bad.
I say rise.
Based on your numbers, I go with 3) as I think it would be closer to that than what I guess would be a 2)
1x2, 5x3 and 3x4 = an average of 3.22
Good morning all. Obviously Safety isn't awake yet or he'd be offering Pi 3.14159265359. As for me, I'll go for a 3 please.
Ok, if I can't hedge my bet, I'll stick my neck out and say 4 for the quarter. But that's a 4 considering the circumstances.
Everyone has there own views on what an excellent, good, ok, poor, or disastrous set of results will be.
For me ok is 150 tungsten and 30 tin
You decide for yourself and vote accordingly or don’t, whichever you prefer mate, it’s just a bit of fun nothing more
Btw, how would you grade 5,4,3,2,1 in tonnage figures, your method is very subjective, one persons 100 tons may be poor whilst another’s is ok. So your scaling is fundamentally flawed. So please put some tonnage number against each to give a bit more relevance for the competition.
Dreamy / gmed
Please choose a number I’m not doing fractions for peoples views
Well think it’s better to take me at 2.5....
For the quarter as a whole, a 3. But what's much more important are the numbers for June, which I hope are reported separately. If they are, i would expect a 4 for the one month.
I’ve taken dreamy as his expecting figure of 2 so :-
We have 1x2, 5x3, and 2x4 which is an average of 3.125 or slightly better than ok
I wonder if we will find out later today, maybe, but Thursday is actually the middle of the month but a day or two either side is obviously possible
Given that in proactive interview he did last week he said that we had done nothing fancy in the June quarter I would hope for 3) but on prior experience expect a 2) as I learnt to lower expectations with Wres and until they actually deliver decent results I don’t think it unreasonable, after all these years of missed targets, to take this view.
Having said that, given the last quarter’s were conveniently extended to April 17th, it wouldn’t surprise me if the figures were manipulated to show a different outcome (as I said in a prior message, we Need to be on the look out for double counting, and as we don’t know the figures for production and shipment from April 1st-17th there is no way for us to know for sure the true production and shipment numbers for Q2, unless they run the numbers explicitly from April 18th to 30th June or do the numbers again to July 17th but state it is from April 18th. As has been shown time and again Auditors sign offs aren’t worth the paper they are written on, hence me saying am hoping for 3, expecting 2 and being suspicious of 4.
We will come good, but at an excruciatingly slow pace (once again I know that some will argue it was a rapid pace but there have been some major mistakes like say the aluminum fiasco, which whilst it may have been the vendor’s fault, still put us back a year and the buck always has to stop at the CEO’s desk. It is clear I am sick of the shares, and when I hit the price for the sp that I want I will gradually withdraw (figure it will have difficulty selling 1.5% of the company in one go).
L200 - who has gone to bed as he has to get up early will undoubtedly be a 1 - bless him - its a nice balance!
So that’s 5x3 and 2x4 so still a bit above ok
3 GIT ...
I am thinking a 4 - because if I was running the plant I would put out a low tonnage on start up, having stashed away a little reserve in a couple of old cargo containers on site in order to top up the numbers when required, as we all know it is all about it building production figures.
Cookie
Please choose either 3 or 4
3-4 I think ,hoping he surprises us this time
So far we have :-
3x3 and 1x4 an average of 3.25, or, a little better than ok