Member Info for goingunderground

Interest on Blackrock loan accruing at a minimum of $780,000 Per MONTH
Jan Revenue £700k?
Feb Revenue £0 (Mine closed)
March revenue ??
Recent $5.5m loan at higher rate of interest (Greater than 12%)
No way back.
Run for the hills !

Yep and they are all down on their investement
ICD are 56% down
Crux are 73% down
Spanish Investors are 93% Down.

Dilution in he last 12 months 88%
Oh how they must regret it

What a load of out of date links. 2019-20.
The 22 link is completely irrelevant.
You are just being disruptive now with your nonsense.
Go and get some help

another poiintless post. Dunkirk blocked you so no point addressing posts to him. He's (rightly) not interested

You claim negative posts. They are reality, the truth is not good. You claim misinformation, there is no misinformation, you just like to try and rubbish the truth. You are not truthful. Then to cap it off, on multiple occaisons you are intimating that the people who post the truth are "Putins" . Offensive, nasty and a measure of you.

Hard to keep up.

MCAP is now down to £3.8m (They just borrowed an additional $5.5m (£4.2m) and placed £1.5m in recent months)

20t a week will not cut it will it. Thats 1040t pa. The nameplate production is 3100t (2700t W+400t Sn)
The mine has NEVER produced more than 65t per month average.

Even at the heady heights of 1500t pa the interest alone accounts for $6240 per tonne. ($9.36m divided by 1500)
Can you see why the numbers don't stack up ? The commercials are so broken.

Troajan mentions the "last dip" before the next production numbers. Comical indeed. WE know that Jan Production was 40t, February, the mine was closed and then reopened sometime mid March. So Q1 production is likely to be at best 80-100t for the full quarter. The same level as Q1 2021.
Down the pan.

Sorry that should have been addressed to MIB. Not dreamingof

You're 100% correct Dreamingof. Price is almost irrelevant at this stage. I was just posting the tin price for "balance"

$41412.50
https://markets.businessinsider.com/commodities/tin-price

ICD are 52.5% down
Crux are 72.5% down
Spanish Investors are 96.6% Down.

Trojan, you were calling this a bargain years ago @45p (In new money)
Clueless.

Thanks Troajan.
146m shares.
Less than 1 year ago there were only 78m shares.
So dilution of 88% in less than a year

Current MCAP £4.1m
Debt $85m (£65m)
Last full year published revenues (2020) £2.5m

What a sorry state.

I'll tell you what I have noticed Troajan.
You are a liar, repetitively. You make up your own facts, believe them and then share them as if they are truth.
Now thats a fact.
I'll leave you to post some pointless links. Have a lovely evening.

Stevebt. If I said "why are you posting here, you're not invested" would you accuse me of bullying ?
Hypothetical question of course

Wrong page Mick-b.
This is for failing Tungsten mines

Stevebt " I’m looking at goingundergrounds post as they have common sense to his negativity "

At risk of being accused of "bullying" you. Its not negativity, Its reality. Consider, sometimes reality is negative. Look to Ukraine if you would like an example.

So by your rules Stevebt I’ve been “bullied” too.
I’ll get your coat………

Ignorance L200

$41826
https://markets.businessinsider.com/commodities/tin-price

K3VMC - I have no access to the same information as everyone else here. You just have to read the words that are not written in a Masterman RNS and apply to some basic commercial sense.
LTH just read the words and interpret them in a way that suits there ambitions for the company. The commercial realities are very, very different.
Troajan complains about misinformation yet he is the single point of gross misinformation and possesses no commercial understanding of WRES. Yet, SteveBT accused posters of "bullying" him. Nobody likes a liar.
Safe to say that Q1 production will be WELL under 100t and this means the debt continues to ratchet up, with interest alone being added at more than $2.2m per quarter.
Join the dots and you can see where this is heading.