Member Info for GETINTHERE

Safety

I’ve got green boxes and that plus your posts points to the chief troll posting again !

Nasty individual who says he’s invested but does nothing but knock the company and anyone who posts anything positive.

I can’t be bothered with him the figures will be out in about 5-6 weeks and they will determine exactly how well we are doing.

Troajan

I’m going to watch it on catch up mate.

Troajan

They are carrying on talking because neither bojo nor the EU want to be seen as the ones that walked away with no deal, this could go on until Christmas!

Troajan

I don’t know why you bother with the trolls mate.

Nothing they post is factual, it’s all about them constantly deramping.

We all know that they use multiple IDs and use them to both recommend their own posts and back themselves up with posts from their multiple accounts.

Frankly nothing they post will make any difference to the outcome here, production is improving and will continue to do so, it’s taken a lot longer than we expected but we are in our way ;-)

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 ;-)

Source proactive.

A further 20 tons on 1-12-2020 - Source WRES Twitter.

So, that’s 80 tons of tungsten in the first two months of the quarter, which to me would indicate that we will have produced at least 120 tons by the end of the quarter.

IF, that proves to be correct, then we are still long, long last, finally on our way to reaching the production level that is necessary to be able to start making some profit at some point in the latter part of next year.

Here’s hoping ;-)

No you were and are pedantic.

Have a nice day ;-)

Don’t be pedantic, we all know you sold out and realised a loss, whereas most long term holders are patiently waiting for WRES to come good, but are obviously sitting with a substantial paper loss.

Small steps but in the right direction, let’s hope that the numerous forecasts of increasing metal prices through next year prove to be correct ;-)

L200

As with many other things, you are wrong.

Everything is relative, some people invested here only have a few hundred pounds of shares, others have thousands, tens of thousands, I personally know several who have hundreds of thousands and one I know has more than that.

In simple terms only invest what you can afford to lose, wether that be here or in any other company.

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 s while to wait ;-)

Once we get to full production, even if the price remains at current levels, we will still be making a lot of money and the SP will reflect that ;-)

Troajan

And now tungsten ;-)

Safety

Yes tin is the highest it’s been for 16 months, which ties in with the numerous forecasts for increasing metal prices across the board next year (other than iron ore)

I will let other posters decide what they think is your motivation.

Spain is Considering trialling with volunteer companies next year, and have set aside €50 million to subsidise those volunteer companies, so, if, WRES want to volunteer to participate, they will firstly be able to plan their participation, and secondly will receive subsidies to do it !

If you are going to deramp you really need to do it better, your attempts are woefully inadequate !

Frankly I’m shocked, I realised a while ago that some of these people are lacking in the basics but how anyone can try to deramp with such a foolish comment is amazing !!!!!

Businesses run 7 days a week and use staff who work sometimes 1, 2, 3, 4, 5, or 6 days a week, the whole point of what Spain is considering trialling is to ensure a higher level of overall employment not to have every business only open 4 days a week !!!!!

Clearly the bull market that is predicted for commodities next year is absolutely brilliant for WRES who will be hitting full production at some point next year, a great path to achieving the profits and the consequential increase in market valuation that we so richly deserve ;-)

Safety

All good points mate, and now atlas have converted another 20% of their loan because they clearly believe we are on our way ;-)

I’m looking forward to the next set of quarterly results which will no doubt show significant improvement.