Member Info for GETINTHERE

60 tons of tungsten up to the RNS date, a further 20 tons on 1-12-20 = 80 tons in 2 months hence 120 tons in 3 months but a move to 5/24 for December, and the fact that they have been and continue to adopt continuous improvement methodology, to me means circa 130 tons, as for the 55 tons of tin, that’s simply based upon the fact that in Q3 tin was roughly 42% of the tungsten production.

If anything I think I’ve underestimated.

We will see who is closest at the end of January when the figures are published.

Yes hopefully ;-)

Dreamy

It is what it is, and Grant Thornton will sign off on it, in fact I suspect that they already have.

I’m lucky I don’t need the money I’ve invested anytime soon so I can afford to wait, if I recall correctly you may need to pull some money out so I suppose that this is a real pain for you given that it has depressed / is likely to depress the SP further.

I’m not disappointed in you, I understand your viewpoint, but I don’t agree with it, that’s life mate.

GUG

Only a deramper would see that comment in a negative light.

No one believes your comments your wasting your time.

70 and 25 tons eh !

Given what was produced in the first two months your comments / guesses are ridiculous.

Have a nice day.

Dreamy

There was no legal right to extend the warrants just maybe a moral one.

I am well aware of how capitalism works, and I have no doubt that if you were a warrant holder you would be happy with the extension, but it’s understandable that as you are not then you are a little peeved about it.

Personally I’m a bit more pragmatic I will simply be happy if all of those warrants get exercised before the end of next year as that will mean that the SP is an awful lot higher and the company has not only survived but is prospering.

“Further to the 26 November 2020 update on La Parrilla, tungsten and tin production rates are continuing to build and the Company will announce the Q4 2020 production update in January 2021.”

Based on production continuing to build, my 130 and 55 guesses may be underestimated ;-)

Dreamy

I’m sorry but I don’t think that you have correctly recalled what actually happened in April and May 2019.

There were at that time a lot of outstanding warrants at from memory about 0.42p, MM asked holders of those warrants to exercise them early, which many people did, that gave the company cash when they needed it, in return they were given the 0.6p 31-12-2020 warrants.

Since then, as we all know we have had operational problems and most importantly a pandemic, and as a result the current SP is only a quarter of what those warrant holders paid for their original warrants.

We all take a risk when investing, my average is abysmal when compared to the current SP and clearly I would prefer if the SP were a lot higher, but I accept the fact that it was my decision to invest, my decision to hold when the SP was above my average and it’s my decision to continue holding now.

If I was a warrant holder I would have expected an extension and if we are above 0.6p by the end of next year then most people invested here will be in profit, no doubt including you.

Q4 guesses

GUG 70 and 25
SFLY 90 and 40
OMR 120 and 60
K3 125 and 55
ME 130 and 55

Correction - it should have read 31-12-2021 in my post not 31-12-2020 !

The extension of the dates on the warrants is not surprising when you consider the fact that had the investors involved not put up money originally, the company may not have survived.

It is what it is, if you were one of those holding warrants you would want and expect them to extend them, if like me you don’t hold warrants then it will ultimately increase the amount of shares in issue but if they all get issued at 0.6p by 31-12-2020 then the company will have become profitable and our holdings will have increased substantially.

Just a test post as my first post today didn’t appear until I posted my second and my third post is not showing up on my screen at the moment!

OMR / Kev

OMR - I think that Richard understandably was just really fed up with the way things had (and so far have continued to) panned out with WRES mate, I’m sure that it was nothing personal just frustration, anyway what’s your guess mate ?

Kev - my guesses are simply based upon the information that we have all seen, we’ve been told that we produced more in the first two months of Q4 than in the whole of Q3 and we’ve been told that they expected to move to 5/24 before the end of the year and that there would only be a very short shut down at Christmas, I’m hoping production may be a little bit better than my guess but my pragmatic side doubts it, as I think we are still working hard at getting everything working at an optimal level but that it will take time to achieve it, unless you let me know otherwise I’ll presume from your comments that your guess is the same as mine ;-)

My guess:-

Tungsten 130 tons
Tin 55 tons

No one on this board knows what our actual production so far in quarter 4 has been, or what the total amount for the quarter will be, but, just for fun why don’t those that wish to post what they think the production figures will be, I’ve stated that I believe we will get 120 tons of tungsten if we’ve been on 4/24 but possibly a bit more if we have moved to 5/24 in December so I will kick things off with a guess of 130 tons of tungsten and 55 tons of tin.

I note that Gug has posted no more than 70 tons of tungsten, but I don’t think he mentioned tin, so unless he wants to amend it, we have two guesses on tungsten and just one on tin so far.

Anymore guesses ?

Oh and I think it’s important that as I have previously told you, if you are going to repost one of my posts then you need to post all of it so that it is read in context my full original post was :-

“Yet another pathetic attempt to mislead, you know for a troll you really are a bad one, if you are going to post something that I’ve posted then post all of it so that the comments are in context what I actually posted on 27-11-20 was :-

“Anyone who states “so what” regarding the price of something that we sell as a company, needs to gain a greater understanding of how any business works.

A short lesson -

1. everything we mine and sell brings in revenue
2. The more revenue we get the more profit we make
3. Ergo - the price we sell not only tungsten, for, but also tin is really important

That is so what”

NOW let’s be clear you lied when stating that I had said we were increasing profit, and now you have tried to mislead people again by posting an extract from a previous post of mine.

You are very clearly a deramper who lies constantly, the proof of that is in your posting history.

Go and do something useful, because believe me you are wasting your time posting your lies on here, everyone can now see you for what you are, and it’s not a nice sight.

Have a nice day ;-)”

Gug

Well I don’t understand what the issue is, It’s a fact that the more revenue we get the more profit we make, the post does not say we are making profit now does it ? and many of my other posts make it very very clear that we aren’t don’t they ?

My post that you have reposted was designed to make sure that the troll that was making sill comments about, tin, understand that selling the tin gives us extra revenue, all of the nonsense that has followed is simply an attempt by trolls to misinterpret and mislead, as all of them consistently attempt to do.

The problem that all trolls have is that they are invariably pretty useless, and their attempts to mislead are found out in the end.

Additionally, to again clearly show that posts attempting to make out that I believe that we are already in profit, are purposefully misleading- my post from 9-12-2020 :-

Troajan

I’m expecting a significant rise to be reported for the 4th quarter when compared to the 3rd quarter, but I’m not expecting us to hit anywhere near full production until at the earliest mid 2021 and more likely at some point in the second half of 2021 mate.

We should be, or possibly already have, moved to 5 days a week, but they are no doubt still in the process of optimising the kit and until that is fully completed and we are working 24/7 (other than scheduled maintenance) I can’t see us hitting 200 tons or more per month mate.

We will get there but we still have a while to wait ;-)

Hi Mullins

All good here thanks mate, I continue to hold and have great expectations for next year.

I can’t be bothered to unfiltered and read the myriad of posts that are showing on my screen as green boxes, but, from the comments made by others, I simply copy in below the post that I made at 15.04 yesterday - which clearly proves that I wasn’t saying we were in profit ! Frankly to suggest I was is not only misleading but very clearly designed as a personal attack - a nasty narcissistic thing to do :-

Golfpro

I agree it is still a long way to go, but don’t forget that:-

1. I’ve based the 120 tons for the quarter on the worse case scenario of WRES only working 4 days a week, if they move to 5 days a week then the 120 tons should be exceeded ;-)

2. I’ve presumed that it will take at least the first six months of next year and possibly most of the year, for us to ramp up to a 7 day a week operation and to make continuing improvements and fine tune the operation before we are able to produce at 200 tons per month.

3. Regua is likely to come on line in the first half of next year and the higher grade ore from there will help to drive us toward profitability.

4. By my reckoning at current prices for tungsten we will need circa 120 tons per month to break even, which I believe we can achieve.

We are in no way there yet, but we are firmly on the way ;-)

Safety

Cor he’s really going for it tonight yet another green box.

Anyway goodnight mate, let’s hope the trolls sleep through tomorrow ;-)