Member Info for GETINTHERE

Mifflin

Whilst there is nothing wrong with caution, I would point out that in June we produced 55.6 tons in 17 days with only a maximum of 5 of those 17 days being possibly worked on the high grade ore, so given that in April and May our production was on average 2 tons per day, working on low / medium grade ore, it is reasonable to presume that the first 12 days in June were also averaging 2 tons per day, which = 24 tons, meaning that we produced 31.6 tons, which is 6.32 tons per day, for the five days when we were working on the high grade ore.

July has 22 working days and my estimate of 110 tons is based upon an average of 5 tons per day, which takes into account that we will be putting through a mixture of low / medium/ high grade ore, not just high grade.

So, I believe that 110 tons is achievable, don’t forget that the full production target is 225 tons of tungsten plus in the FID 10% so 22.5 tons of tin per month, that’s 247.5 tons, so 110 tons combined is less than half of what the company itself expects after we are fully ramped up, which they have again recently said will be at the end of this year / early next year.

Anyway our guesses are just a bit of fun, they mean nothing and wether we over or underestimate it’s not going to affect the way the SP performs, that is down to sentiment.

Tungsten is more than 5% higher than the Shard report average price that was used and tin is more than 50% yes more than fifty percent above the Shard forecast price per ton ;-)

If we get a good increase in production coupled with continued high metal prices we will finally start to see the long awaited recovery in our SP, come on WRES, now is the time to show us what the plant can do ;-)

CORRECTION

Updated

Instantexpert 147 tons
Safetyman 139
78rpm 132
Mullins 125
Nicetomichu 122.5
Troajan 120
Frogman 118
2cvguy 114
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85
Wasp 75

With 14 entries so far the average is 113.89 tons

Updated

Instantexpert 147 tons
Safetyman 139
78rpm 132
Mullins 125
Nicetomichu 122.5
Troajan 120
Frogman 118
2cvguy 114
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85
Wasp 75

With 13 entries so far the average is 113.23 tons

Updated

Instantexpert 147 tons
Safetyman 139
78rpm 132
Mullins 125
Nicetomichu 122.5
Troajan 120
Frogman 118
2cvguy 114
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85

Updated

Instantexpert 147 tons
78rpm 132
Mullins 125
Nicetomichu 122.5
Troajan 120
Frogman 118
2cvguy 114
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85

Updated

Instantexpert 147 tons
78rpm 132
Mullins 125
Troajan 120
Frogman 118
2cvguy 114
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85

2cvguy

You should have called yourself 2avguy ;-)

I will add you onto the list of guesses.

With ten runners so far declared the average amount of combined production that is expected is 114 tons - I would be happy with that ;-)

Updated

Instantexpert 147 tons
78rpm 132
Mullins 125
Troajan 120
Frogman 118
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85

Updated

Instantexpert 147 tons
78rpm 132
Mullins 125
Troajan 120
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85

Stevebt

I’ve been an investor here for the best part of ten years, I’ve always believed that WRES will succeed, I can’t deny that I wish that I had held back more of my money until these silly prices, but then again I had no idea that the various issues that have befallen us would occur, (if I had a crystal ball I would be the richest man on earth) the situation now is very simple, we will either ramp up to our full expected production levels over the next 6 -9 months or we will fail.

My money, and a lot of it, is on us succeeding, tin is at a really high price, tungsten prices are increasing and are forecast to increase further, the plant has now been fixed and is operating well, the mine has been emptied of water and we are mining in the high grade ore areas, and to my mind there is no way that the board would decide to provide us with an update on la parilla in August unless they firmly believe that the update will be a very good update, the next production figures aren’t due until October, so there’s only one reason to provide an interim update, and that’s because it’s expected to be good and therefore help us to start on the path to refinancing and a recovery in the share price.

Time will tell, as will my bank balance ;-)

Updated

Instantexpert 147 tons (that would be a good break)
78rpm 132
Troajan 120
Getinthere 110
Stevebt 108
Tonlin 100
Sleeven 95
Mifflin 85

Updated
Instantexpert 147 tons (that would be a good break)
78rpm 132
Troajan 120
Getinthere 110
Tonlin 100
Sleeven 95
Mifflin 85

Updated

78rpm 132 tons
Troajan 120
Getinthere 110
Tonlin 100
Sleeven 95
Mifflin 85 - sorry for previous misspelling ;-)

Updated

78rpm 132 tons
Troajan 120
Getinthere 110
Tonlin 100
Sleeven 95
Mufflin 85

Updated

78rpm 132 tons
Troajan 120
Getinthere 110
Sleeven 95
Mufflin 85

Given our appalling inability to guess previous production figures, I was a little reluctant to start off a guessing game for this months figures, however I figured that we now have far better recent information to go on, and at the end of the day it’s just a bit of fun (well it will be if the figures are for once reasonably good) so, and this is for combined tin and tungsten tonnages :-

Troajan 120
Getinthere 110

Any more for any more ?

Troajan

25 tons per week, 5 tons per day, so as July has 22 working days that’s 110 tons for the month mate, but I would love for that to be an underestimate ;-)

I hope that you all have a great day.

It would seem that WRES is sitting in the doldrums whilst awaiting the next RNS and the important update on our production, no trades yesterday at all, I don't remember that happening in all of the many years that I’ve been a shareholder here.

A significant improvement in our production levels will see an uplift in the SP, and I’m sure that all investors are hoping that at long last that’s what we are finally going to get ;-)