Member Info for GETINTHERE

Dreamy / Troajan,

I believe that WRES will succeed, I believe that MM, like everyone else in this world, has good and bad traits, he found the tungsten, forged alliances with his fellow directors, set up the company, got the funding and without him WRES would not be exist, (of course there’s are those who have sold at a loss who may well wish that it had never existed ! ) but, he is his own worst enemy when it comes to communication, time and time again he has said things in terms of timescales that have then been missed, he was the one who said that the last quarter results would be out in mid July, no one forced him to say that, but he did, then of course he held off publishing them until he was able to announce the finance from the applications he had made.

The nasties want WRES to fail, but what you two, I, and many other true investors here have in common is that we all want and believe that WRES will succeed.

Nmh19

Enjoy your holiday mate (hopefully you won’t have to quarantine when you get back) and let’s hope that by the time you do get back that we have had some good news here ;)

Hi troajan

I take it that your computer problems have been resolved mate.

Let’s hope that WRES have sorted out what’s wrong with the kit at la parilla !

Nmh19

How did you know my name was Simon ;)

Seriously, She’s 100 and her Alzheimer’s is getting worse every week if not every day, it’s a Blimmin horrible condition for anyone to have and i wouldn’t wish it on anyone.

Back from fixing mums gate, it only took me 20 mins but I bet I must have sweated off half a gallon, absolutely dripping off me ! Still her gardens safe and secure again now.

Also the SP has gone up a tad more while I was out, yippee ;)

OMR

I mowed my lawn at 8am to avoid the sun, but now I have to go and fix my mum’s back gate in 35 degrees !

La parilla production has to be increasing by now mate, there more used to the heat there than we are !

Hi Franny

I hope you are keeping well mate.

Good morning OMR

Getting Regua up and running ASAP would be great mate.

Safety / Kev

This is all about getting the Blimmin kit working properly, the jorc is not likely to be wrong, and both of you, along with others who went on the site visit, have seen the tungsten in large veins with your naked eyes, so as I say once they get the Blimmin kit sorted out we will start to see much stronger production results, and Once we do the SP will react accordingly.

Onwards and upwards from these lowly levels !

Drango

If you check back through the RNS’s you will see that METSO were awarded the crusher contract after prolonged negotiations.

OMR

That’s part of the reason why the SP is so low mate, no information has been provided by WRES, regarding exactly what the issue / issues are, and no information has been provided regarding METSo’s liability or otherwise, so, the market has presumed the worst I.E. that WRES will have to foot the bill, and the market has also presumed that recoveries of tungsten will not significantly increase for sometime.

Clearly if all of the above worst case scenarios are correct, the SP will not be improving anytime soon, but, if we can significantly improve production and get that information out there, then the SP could and would rise significantly.

Time will tell mate.

Like most people I wish I had a crystal ball, I would not be sitting on a 73% paper loss ;)

Whilst we all recognise that we are not where we would like to be at this time, the fact is that we may be down but we are not out.

The kit is being worked on and once functioning properly will be pumping out tungsten and tin.

We owe a lot of money, but once up and running properly we will be making a lot of money.

Golfpro

I have spoken to two long term holders who have decided to sell up, and I’m aware of at least two more who have done the same, as I said earlier today, no one knows if WRES will succeed or fail, my money remains on them succeeding.

For what it’s worth I know that several other long term holders are not only continuing to hold but are buying more mate.

Having invested 20% of my net wealth, I am at my limit, so I am just going to wait and see.

Golfpro

I presume you mean isn’t- not is !

Dreamy

I’m hoping quite a lot, but probably About £1.40 mate ;)

Dreamy

I agree that we need to hear from MM, but I don’t think we will until he has something good to tell us, and I don’t think we are at that point yet, so I’m not holding my breath.

Dreamy

It is of course possible that black rock wanted their interest in cash either for May or for this month when as I previously pointed out it is due again, and if that’s the case then he had no choice but to draw down on the atlas facility, however, it is also entirely possible that the money is for exactly what he says in the RNS, I.e. to sort out the kit at la parilla and to push forward with getting Regua up and running, with its higher grade of ore.

I think it’s more likely that what he said in the RNS is true, lying in an RNS is a serious matter and as one of our resident moaners keeps saying, MM is very careful with his words in his RNS’s.

As I said before time will tell, I’m sitting on a 73% paper loss, but I still believe that WRES will come good, the jorc is not likely to have been wrong, so it’s the Blimmin kit that’s the issue and they have and continue to, work on sorting it out.

And the SP has held up quite well.

The fact is that neither those saying that WRES will fail, nor those of us who believe that it will come good and make us substantial profits, actually know, time will tell.

Cookie

Exactly, fix the plant, get Regua up and running, and then let’s see if we have a profitable company or not.

Jaffaman/dreamy

I agree the JORC being that far out is not likely at all, so it’s just down to sorting out the kit and hopefully the two new guys can do that very quickly.