Member Info for GETINTHERE

It’s sad, so sad, it’s a sad, sad, situation, and sorry seems to be the hardest word ;-)

Once we get some good figures even less people will bother to read the constant negativity.

I’m looking forward to the next RNS ;-)

Troajan

MM has always stated that his aim is to make WRES into a mid tier miner with a market cap of circa 250 - 300 million, and whilst this will clearly not happen until we are running T3.5 and producing from Regua, it is achievable within 5 years providing that we hit our production targets and that the tin and tungsten prices remain at current levels or better still improve :-)

Yes it’s amazing what can happen when investors post rather than the non invested individuals, mind you I’ve seen three green boxes this morning so one or more of them are still at it, but when they are ignored they have little influence on the board.

Let’s hope that the August RNS provides information on a significant improvement.

Tonlin

It’s just the Portuguese being unbelievably slow mate we submitted everything we needed to months ago

Mullins

We all hope so but I’ve erred on the side of caution and just used the average that we’ve achieved so far this year, if our contained metal is higher then our income will be greater mate

Mullins

For simplicity I used 85 tons of tungsten and 25 tons for tin as week mate.

We are producing concentrate, I’ve used the contained metal average of the first two quarters of 35% for tin and 63% for tungsten mate.

Mullins

Fag packet calculation $1,200,000 for the tungsten and $400,000 for the tin in July, circa $1,600,000 based upon 110 tons combined mate.

MIB

I sincerely hope that you are wrong because my average is much higher than yours, and I know of many other investors who have averages higher than mine.

Time will tell.

Stevebt

If WRES are, as is forecast by the CEO, likely to be hitting the full production figures by the end of the year, then I can see myself in profit by the time that we get the Q1 2022 results, (for the very few who don’t understand, that’s the March 2022 quarter) circa 2nd / 3rd week of April.

The rumours of WRES’s demise are greatly exaggerated (by just a few) ;-)

If it’s the same individual I suspect that they yet again have nothing of value to add to the board.

Interestingly a couple of his previous posts that I know were reported, have been removed, if he is making further comments that are in breach of the LSE rules then hopefully he will get banned.

In the meantime we await the next RNS with baited breath, I will be happy with 110 tons for July and 335 tons for Q3 as it will show further improvement and will take us closer to the possibility of refinancing ;-)

I opined the other day that as we had produced 55.6 tons in 17 working days in June, and that the average production for April and May had been 2 tons per day, that with only 5 of the 17 June days having been in the high grade ore that if we had produced 2 tons per day for 12 days that we must have produced on average 6.32 tons per day for the 5 days of Working in the high grade ore.

I then said that if that were they case then in the 22 working days in July we should produce 139 tons, all of which is logical and reasonable, however, what I had not considered was the possibility that for the 5 days they only fed high grade ore through, whereas going forward they may well have to feed a mixture of low, medium and high grade ore through the plant and depending upon the percentage of each grade we may get less than the 139 tons I had hoped for In July and the 410 tons I had hoped for in Q3.

So, I have recalculated and if we get 5 tons per day as an average that would give us 110 tons in July and 325 tons for Q3 - these figures would put us on target to achieving the 880 - 1000 tons for the year.

My guesstimate / forecast for July’s production is therefore 110 tons ;-)

From April and May are coming through on LSE as cancelled trades ?

It’s blimmin weird !

;-)

Sammy

I entirely agree mate, we are waiting on the Portuguese authorities to issue the final license, we’ve been waiting a while now so let’s hope that it’s forthcoming soon, because as you say that would increase our production significantly.

And on top of Regua, albeit not for quite a while, we will eventually get the gold mine up and running ;-)

Sleeven

I also posted this mate, and again I believe my calculations are correct, if they are correct and we do produce at these rates we will hit our targets :-

If my analysis of today’s RNS is correct and for the 5 days at the end of June we were producing 6.32 tons per day then in July which has 22 working days we will produce 139.04 tons and in Q3 we will produce over the 65 working days 410.8 tons - and that’s without any further improvements.

I really believe that we are now finally on our way mate ;-)

Sleeven

I posted this Thursday mate and if you check out my maths I think it’s correct :-

Having taken a further look we produced a total of 130.2 tons for the quarter minus the 55.6 tons in June = 74.6 tons from 1st April until the mine was closed for the 10 days in May, that means that in April and May when we were working on low - medium grade ore we were producing 2 tons per day.

In June we only worked 17 days, and as you pointed out only a maximum of 5 of those days was on the higher grade ore, so, if we presume that in the first 12 days of June we were still producing at 2 tons per day = 24 tons then on the tensing 5 days working on the high grade ore we produced 31.6 tons and that = 6.32 tons per day.

If the above is correct and we are now producing at 6.32 tons per day then that’s 31.6 tons per 5 day week - and that’s a marked improvement ;-)

Have a great weekend ;-)

Our time will come, it may take a little while longer but it will happen.

You have the patience of a saint mate !

I just cannot be bothered with him which is why I have had him filtered for so long, but when I’m told he has made incorrect and insulting comments about me I feel the need to set the record straight.

Onwards and upwards, WRES is on its way to coming good, once we have had a few months of increasing production we will be able to start negotiations regarding refinancing our debt and once the debt is refinanced our road to profitability will be a short one.

Has he accepted that Q3 is the September quarter that ends in September and is called the September quarter by the CEO of the company in today’s video ?

And has he been man enough to admit that he’s wrong ?

Has he been man enough to apologise ?

My guess is he has just continued to deride the company and any positive comments about the company - if so, he is proving what by far the majority of posters on here, think of him - it’s sad, he’s sad.

Anyway, onwards and upwards the next RNS is promised for August and we will find out then just how we are doing, which according to Michael in today’s interview is pretty well.