Member Info for GETINTHERE

Henry

Rumours of WRES’s death were greatly exaggerated ;)

Dreamy

I guess from your comments that you are in the praying section.

I’m sure that you know full well that the SP will move up and down within a range until the next substantial piece of news, there hasn’t been any significant amount of shares being traded, just a few million most days, but the SP moves up and down nonetheless hovering in what would seem to be a range between 0.13 and 0.15 ish, the market makers are simply doing their job, creating a market, when there is news they will continue to create a market if the news is good the SP will go higher if it’s bad it will go lower, but I’m sure you know as well as me that the SP today will be completely irrelevant if and when we start to see the levels of production that all holders want, and expect to see.

Kev

I entirely agree, whilst I don’t want MM to borrow more from Atlas, the fact is that he can drawdown further funds if he needs to do so whilst the tungsten extraction problems are being resolved, if I thought that WRES would not survive I would have already sold up and taken my losses and I would strongly suggest that anyone who has that belief does so.

Troajan

He is keeping his eye on the board and ignoring the you know what’s mate.

Whilst we continue to wait, in order to find out if WRES will, (as most posters and holders on here believe) become profitable, let’s consider what the next RNS might contain :-

Bad news would be :-

1. A further drawdown on the atlas funds
2. Further dilution
3. No progress or very little progress on tungsten production
4. Covid problems causing a shutdown at la parilla

Good news would be :-

1. Confirmation that the plant upgrades have been completed
2. Confirmation that tungsten production has significantly increased
3. Confirmation that no further drawdown on the atlas money is expected to be required
4. Confirmation that Regua is being rapidly progressed and an expected date for the first ore arrival at la parilla

Obviously the two or three non investing constantly detracting individuals who waste their time attacking other posters and posting vitriol on here, will continue to argue that WRES will go bust, however they have no more knowledge about what the actual situation is than the rest of us, despite them stating that they “know” and there is every chance that the changes being introduced in the plant will lead to a significant and rapid improvement in tungsten production, which will in turn mean that no further drawdown is required and that overtime we can and will become profitable.

No ramp up ever goes smoothly, but that does not mean that we will not hit our production targets in the medium term.

I do not know what will happen, but I certainly will never believe anyone who states that they know, when clearly they can not and do not.

Ponfeigh

Hopefully you have managed to average down mate ?

And hopefully this quarter will see a significant increase in production ;)

It’s certainly well overdue !

Dreamy / OMR

It may have been one of the Devils brood buying back in so that they can come back on here and argue that they are a shareholder ;)

Well that’s prompted someone to buy a share !

Tin up $20 to $17580 per ton and tungsten up $3 to $213 per mtu

Dreamy

It was a rollover. ;)

Safety,

Bread pudding, battenburg, Chelsea bun, who knows, I can’t remember, as clearly whoever they were and whatever they called themselves, they were not memorable.

Troajan

I can’t remember the name either but I do remember the same traits.

It’s sad really, but hey ho, some people are just like that.

I new time would tell, I just didn’t think it would be so soon, have a nice day ;)

If it doesn’t matter why do you persist in responding, it’s almost as though you feel the need to try and be proven right, even when you know as well as I do that neither you nor I know wether the trades were or were not rollovers, as I said in my post of 20.11 last night they may or may not have been rollovers.

I’m beginning to think that you are one of those people who like to be argumentative just for the sake of it, it’s not a good trait.

Just accept that you may be right but you may be wrong, I accept that, I may be right in my view of you but also I may be wrong, time will tell ;)

Going under

You are right it doesn’t matter much but It is good to be consistent your post of 19.08 last night:-

(Sorry, let me restate that. They appear to be "Rollovers")

APPEAR - that’s correct the same as or at least similar to “would seem” to be

As for ADVFN having 3 x 10 million trades showing, I don’t know I haven’t bothered to look and as to wether LSE or ADVFN are correct, well, as you say it doesn’t really matter does it.

L200

For goodness sake take a look at the trades !

There was a 10 million sell shown and then later in the day but timed at exactly the same time there was s minus 10 million sell !

How difficult is it !

I have defended you on here before but why do you persist in posting negativity and in this case misinformation, we have enough of that none sense from the resident fool without you adding to it.

L200

The two 5 million trades may, or may not have been rollovers unless they were yours you do not know, the 10 million sell was cancelled check the figures !

10 buys totalling 14.998,850

And

1 supposed 10 million sell that was subsequently cancelled - so, NO sells today

Let’s hope that the plant is operating much better and that production has been significantly increased ;)

OMR

Good luck with it mate.

Dreamy

I have conversed with Troajan for many years, he is not a bad bloke, he is someone who understands that starting up a mine and getting the kit to work anywhere near design capacity takes a long time, something which I believe you and I also understand.

I too have struggled with trying to understand how MM’s comments on 30th of June can have been correct given the subsequent ordering of long lead time kit and the need for the Atlas cash, but having given it considerable thought I have come to the conclusion that:-

1. When he made his 30th June comments he believed that we had, very late in June, significantly increased our extraction of tungsten, but that subsequently the new management had detected that the kit as was/is was not capable of producing the 200 tons per month that are expected, therefore the need for the new long lead equipment order.

2. much of the cheap rate cash that we were awarded under the government protection was used to pay off more expensive loans

3. Given that we had already done upgrades to the kit and were ordering further long lead kit, and that our costs were still exceeding or at best only just being covered by our sales, the drawdown on the atlas money was a necessity.

4. Black rock authorised the draw down, it was a requirement of the facility that they were empowered to either agree or disagree with the draw down, given that they agreed and have someone on the board, they must believe that the company can and will achieve full production going forward.

Now I am the first to accept that I may of course be wrong, but I believe that WRES will succeed and that the third quarter figures will be significantly better than the last quarter figures.