Member Info for GETINTHERE

Let’s hope bobs a winner - like pearls a singer !

Nmh19

Well I’m happy I sold my EUA at a small profit yesterday and used some of the cash to buy that 250,000 Wres tip up, EUA are down today and WRES are up - what’s not to like.

I’ve got loads of green boxes !

No doubt they are deramping again and no doubt going on and on about things that should have happened in the past but which everyone knows did not due to things changing, strange that, the fact that things change, and that the situation now is what matters, not what did or did not happen in the past !

I’m not expecting an RNS until mid month if it was on the 16th that would coincide with the 7 year anniversary of when WRES hit 1.85p

2020 the year of the WRES

2020 - the year of the WRES

January - figures for the October 19 - December 19 quarter we should see figures of at least 25 tons and hopefully be told the run rate we are achieving from our 24 hour 6 days a week working, if this is at or above 50 tons per month the SP will reflect this and should be circa 0.5p - 1p

April - figures for the January 20 - March 20 quarter, we should be and hopefully will have been producing at an average of 100 tons per month at this point and if we are then the SP will reflect this circa 1p - 1.5p

July - figures for the April 20 - June 20 quarter, at this point we will hopefully be producing 200 tons per month, and if we are the SP will be many multiples of today’s price 1.5p plus and considerably higher if we have news that production has begun at regua.

Many of us have held shares in WRES for a very long time because we have always believed that The business case is a very good one, we will this year find out if we have been correct (which I have no doubt that we have been) WRES has the potential to make many of us a lot of money, life changing amounts of money, the SP will reflect reality and reality for WRES is dependant upon :-

1. Production figures
2. The price of tungsten
3. The price of tin
4. Refinancing the loan
5. Regua production figures

This really is the year of the WRES - our year

I’m expecting low production for the October- December quarter maybe 25-30 tons given we were only running 8 hours a day from very late November and commissioning before that, and that we will have had Christmas which will have reduced the output from the short time we were running 24/6, BUT, I’m expecting to average 100 tons per month for the January - March quarter then ramping up each month with us hitting 200 tons per month by July.

Cookie

I’ve been here for over 7 years mate, my average is not great, when you look at the current SP, but the potential here is massive and it will only take an announcement stating that our 24 hour operation is producing 100 tons plus per month and the blue touch paper will be well and truly lit.

Nmh19

Buying WRES now at these prices with all the news that is due, seems to me to be an eminently sensible thing to do, I wish I had a lower average, but, providing we can produce at the expected levels I have no doubt that those invested here will all achieve multiples of the current SP.

Just topped up to a round 37 million with a buy of 250,000 at 0.302

HBob

What are the current prices in China and Rotterdam mate ?

Troajan

Not boring at all, all the stars are coming into alignment at the same time mate.

Troajan / HBob

Trump was always going to do a deal, it’s a vote winner.

The US / China trade deal is very likely to set off the next major upward trend in commodities, in fact if you look at the PGM’s it has already started and gold is forecast to move up massively this year.

This is the year of the WRES, our time is now here if tungsten and tin stay as they are WRES will do well, but if, as is widely forecast, both metals rise even by just 25% WRES will make a fortune.

2020 - the year of the WRES

January - figures for the October 19 - December 19 quarter we should see figures of at least 25 tons and hopefully be told the run rate we are achieving from our 24 hour 6 days a week working, if this is at or above 50 tons per month the SP will reflect this and should be circa 0.5p - 1p

April - figures for the January 20 - March 20 quarter, we should be and hopefully will have been producing at an average of 100 tons per month at this point and if we are then the SP will reflect this circa 1p - 1.5p

July - figures for the April 20 - June 20 quarter, at this point we will hopefully be producing 200 tons per month, and if we are the SP will be many multiples of today’s price 1.5p plus and considerably higher if we have news that production has begun at regua.

Many of us have held shares in WRES for a very long time because we have always believed that The business case is a very good one, we will this year find out if we have been correct (which I have no doubt that we have been) WRES has the potential to make many of us a lot of money, life changing amounts of money, the SP will reflect reality and reality for WRES is dependant upon :-

1. Production figures
2. The price of tungsten
3. The price of tin
4. Refinancing the loan
5. Regua production figures

This really is the year of the WRES - our year

IF, we get the 2700 tons per year from la parilla and we get the 1300 tons per year from regua the combined 4000 tons per year would give us 40 million ebitda presuming our costs are $94 per mtu, tungsten is $245 per mtu and we get 80% of the apt price.

A PE of 5 gives us $200 million as a market cap, and a PE of 7.5 gives us $300 million as a market cap.

Good ere init - or at least it Blimmin well will be if we achieve the above !

Nmh19

Most versions of the mining cycle show that, the original high that is achieved, when the resource is found and proven, is exceeded by the high that is reached once full production is achieved, this is why I have previously opined that whilst we should without doubt see an uplift once production and sales for October- December 19 and then January - March 20 are announced, that the really big uplift is more likely to be achieved in June or July when full production is forecast and hopefully will be announced.

Time will tell mate.

I wish you all the best for 2020 and beyond.

SO:-

Happy new year to all long suffering holders.

Let’s hope that 2020 brings us health, wealth, and happiness.

Nmh19

I have a feeling we will get news on the 16th of January mate, if we do it will be exactly on the 7th year anniversary of when WRES share hit their high of 1.85p - I remember it well as I had bought at 0.425 the day before.

Time will tell !

Hi Safety

Sorry to hear about your loss mate, it’s been years since I’ve had a pet of any description, but I remember vividly just how horrible it is when your cat, dog, or whatever passes away or becomes so ill that the kindest thing to do is to have it put down.

368 weekends for me - so far !

Kalan / Kayacurl

I have the devil filtered (in all versions) but I presume from your comments that the evil one is at it again !

One day, soon with a bit of luck, he will get the message that no one takes any notice of him and he will clear off.

He is sad and I do feel sorry for him but his constant negativity and repetitive posts are simply too much, he needs to get a life, maybe if he got out more, and met some people in the real world, he might become a little happier, we can but hope so, for his sake.

Kayacurl

I’m expecting low production for the October- December quarter maybe 25-30 tons given we were only running 8 hours a day from very late November and commissioning before that, and that we will have had Christmas which will have reduced the output from the short time we were running 24/6, BUT, I’m expecting to average 100 tons per month for the January - March quarter then ramping up each month with us hitting 200 tons per month by July.

If the above happens we can all meet up in the pub and sing we’re in the money on the karaoke !