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You may be right on that one L200.
Is Regua needed to make up for a underperforming La Parilla.
We won’t no that until Parilla is on a 7 day week pattern
Sorry, 7 million on 8th Oct
How many million did he borrow from black rock and was that in December..and he needs another 500k jan 11?
The company that Just keeps on Borrowing !!!
Over 5 years he said.
58.7 % recovery. What figure was used in the fid please. Anyone know.
120 to 600 a quarter is still some distance to go. I patiently await the quarter we hit 600.
Let’s be over generous. Let’s say this quarter is 60mt tungsten on a mix 3/4 day week. Double the tonnage for 7 day week. That’s 120mt a quarter. How do we go from 120mt to 600mt a quarter. I get 7 day week will give a better performance without stop/start lost time but even taking that into account we’re miles away.
All I see is 7 day week at 90% utilisation giving us 100mt a month. Half of what we need. Looking like Regua material needed to make up the shortfall. Not as planned. Still a big worry.
Encouraging yes, but if we’re at 90% utilisation and now 4 day a week and this quarter is looking like 80/90 mt tungsten. At 7 day week operation this doesn’t extrapolate to 600 mt a quarter. We’re still running at a 1/3 of our target. Or is that my bad maths. Just seems we’re a long way off target..
Yep. Start to get Regua going again Q1 and the from April 2021 all systems go and hopefully a monthly profit starts..
6 mins in...
MM said in last interview we will get an update during this quarter before we get full results in Jan...
Troajan, your still accumulating. When do think they will get to a monthly cash positive position.
2024...
Gold might be on its way...
2021 the year for Wres..
If we’re making progress. Think MM said we’re now starting to reap the benefits of plant upgrades. Why 7 million. Large number if we’re now getting to break even production?
Doesn’t fill me with confidence. It’s just more debt to keep going. Every rns is for more debt more dilution..
Boythorpe your full of crap.
Yes debt and dilution will go up over the next 6 months but the encouraging thing so will production. Breakeven in the new year mm said. Profitable my guess by maybe April so yes its bad but it can't get any worse. They seem to have all problems identified and a plan to rectify. Things can oy get better month by month.