Member Info for GETINTHERE

Rodrod

A great sentiment mate and one that I wholly agree with.

Merry Christmas to you.

And it’s not even 10am !!!!!!!

Oh well it just goes to show how they have nothing else in their lives I suppose.

As it’s Christmas and despite one of them wishing me and others a miserable Christmas !!!!!! I will nonetheless state that I feel sorry for him / them, it must be awful particularly at this time of the year being so lonely.

Merry Christmas, I’m off to my mums now to make sure she’s ok.

Beware of the new gang that may turn up here to stop you from making the wrong investment decision in their eyes....
They are very good at their game of deceit, they have been schooled in the art from the artful dodger himself.
They post long and thought-provoking statements that do have a molecule of truth in them so that the gullible
believe them. They talk the good talk containing the minuscule truth that may have existed months ago before
the company Turned the Corner to get you to believe in the story, as the story progresses its
theme is then spun around to provide the negative spin they wish to impart on you to make you doubt
your own logic in buying into this stock. they make the story so believable, 1plus point-2 negative points and they are paid to perform this trick to get you to part with your valuable shares, either by their employer
of they are in a shorting pack working together. you have been duly warned of their tricks, they are definitely not here for your welfare.
Think hard first, and hold onto those shares

And I’m still seeing green boxes.

Don’t these clowns have anything better to do !

Razel

Multiply your investment in WRES by more than 200 and you still won’t be close to how much I have invested here mate.

BUT, do your own research, I am more than aware that I could be wrong and that anything could happen, the difference is that if it does go wrong I will be peed off but it won’t change my lifestyle.

Safety

I’m in the pub myself, so not sure how good my maths is but I agree mate.

Onwards and upwards and who gives a flying fig for the derampers and trolls

Razel

I think Wres is a good bet, and I am 40% down here at the moment, BUT, only you can decide where to put your money, it’s your choice and you should not be influenced by others.

Do your own research and decide.

Safety / mogwhy

As long as the APT price stays at or above the FID level I will be happy.

Of course the higher it goes the more profit we make and the higher our SP.

I’m looking forward to the first set of figures for the October- December quarter, but even more importantly the January - March quarter as those figures will prove our production capabilities.

Merry Christmas to all decent posters on here.

Those that I don’t consider decent know who they are, and include anyone who has wished anyone else s miserable Christmas, as that’s just nasty and devilish.

Troajan

I’m sure that MM said that a truck / lorry load would be 20 bags at 1000kg a bag so 20 tons mate

Nmh19

Merry Christmas to you mate.

Mogwhy

I used a lower figure for APT because I don’t won’t to be wrongfully accused of ramping again mate !

It’s better to underestimate and over deliver

Nmh19

Not sure what your post meant mate ?

Troajan

1000kg = 100 mtu x $180 = $18,000 per bag mate

Dreamy

Whilst it is still possible that MM might buy at 0.5p, given that he has managed to negotiate $5 million extra from Blackrock without any dilution, we don’t need his money and if he does but it will further dilute the shares, so, if I was him I wouldn’t do it, because it’s quite likely that some shareholders would moan at him about it if he did.

This is from the last RNS, it’s quite clear :-

Additional US$5m Facility Provided by Funds managed by BlackRock

La Parrilla Moves to 24h Operation

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to confirm that funds managed by the Global Credit Opportunities platform at BlackRock have agreed to increase the existing loan facility provided to W Resources by US$5 million, with no warrants attached. Loan documentation has been executed and funds will be fully drawn this week.

The funding has been put in place to ensure W Resources continues to provide for working capital requirements enabling the team to focus on driving the ramp-up of the La Parrilla tungsten and tin mine in Spain and the advancement of the Régua tungsten mine in Portugal.

We had an RNS on the 18th, so I’m not sure what other news you are expecting before Christmas.

It was made clear that we will get quarterly production figures for the October, November, December quarter which will be in January.

We know they have $5 million half of which is for la parilla to cover the ramp up period which we know is likely to take until june, the other half is for Regua.

So, no RNS is due is it ?

Ponfeigh

All versions of the devil are despicable mate, there only out for themselves.

The choice of name tells you something about the character, devil is as devil does.

Kev

Absolutely nothing stopping us, there’s no legal requirement to do a fid, there only done to attract funding, and we’ve got ours from Blackrock mate.

Mogwhy / Cookie,

I’ve been out, had to fix my mum’s heating, hence slow response.

Anyway, 4000 tpa (let’s presume from 2021 as it’s liable to be late next year before Regua is fully online) that’s 400,000 mtu, generating an income of $72,000,000 if tungsten stays at today’s prices and we get $180 per mtu, and a massive EBITDA of $32,000,000 if opex is $100 per mtu

Mogwhy

MM stated that he expects to have Regua up and running in 2020, my guess would be that he knows full well what’s going to be in the JORC and that if, as has happened, Blackrock are prepared to front up another $5 million knowing that approximately half of it is going to Regua, that they know enough about what’s in the ground and how MM plans to turn what’s in the ground into cash, otherwise they wouldn’t have lent the money mate.