Member Info for goingunderground

Safetyman. When it comes to pointless posts that just moan and complain about other posters, you take first place. Congratulations m8. very well done bud.

Franny. I hope you see the irony in your pointless post, criticising someone to faceless contributors you will never meet. Tedious.

What a little scamp. I saw the RNS Red dot only to be greeted by........not what is due.
Come Masterman lets be seeing the detail. Oh, and the great reason you have delayed so long.

It was stated in the Sept RNS
"With the challenges of unseasonal rainfall to contend with, the main priority in Q2 was to resolve the high water levels at the mine in order for the team to safely access high-grade ore. Following completion of the first 500,000m3 water dam, the dewatering of the open-pit was completed on 24 June 2021 and the Company was then able to continue mining and processing the higher-grade ore."

Yet still in Sept the issue persisted and continued to persist for some if not all of Q4. I expect Masterman will be able to cut and paste from the Sept RNS into the Q4 production report and once again claim that the issues were resolved (In January) and things are now looking rosy. Until the 22Q1 numbers are due for release. when there will once again be some traumatic, unforeseen episode.
Its seems that it some cases past performance is a very good indicator of future performance.

Troajan. You really do nothing to change the perception.
Your lack of understanding isn't funny, its embarrassing. M8

Troajan "68t is equivelent to over $1 mill in revenues,says the comp"

NO, that is not what they said. They get paid for shipped product. In that period they shipped 80t. Its 80t that generated the $1m revenue not 68t. The RNS said:
"Completed four concentrate shipments : three tungsten shipments and one tin shipment, totalling 80t of concentrate
Monthly revenue milestone of US$1m was exceeded in July 2021"

You will note that in the following month they reported by RNS even higher production of 75.6t. Yet they only shipped 3 loads of Tungsten concentrate and no mention of $1m revenues despite producing more.

Always glad to correct your ramping misinformation.
Worthy of note too is that in 2 months of July and August they produced 143t .
30% more than they produced in the entire final quarter of the year. It remains to be seen how much was shipped, but clearly production dropped off the cliff (Probably into the water)

Its just a shame that the WRES production graph is the inverse.
Actually its a lot steeper decline as production has fallen 50% from Q3 according to the guidance issued 5th Jan
There are only 2 graphs that show an increasing number at WRES. Debt and Shares in issue.

Troajan, you have 2 days to get another 45 posts in. That will be simple for you. You will then have reached the magical 1000 posts in 1 month. (None of which I found useful. At all)
VTAB or did I mean AVTB M8'y bud

There is more relevant and up to date information in the Natural History Museum.

Does anyone know how Masterman is doing? He's been very quiet too. Very.

TUN is having a difficult today on the back of no news that is known (yet)

Sorry to hear that GIT is not well. Hopefully he's back soon.

Just been looking at dilution Jaf.
June 2017 Total shares were 48,069,245 (in new money)
Thats a WHOPPING 306% dilution and that was before they took the blackrock debt on.

Whatever happened to Mr Greenboxes. Has reality finally dawned and he shuffled off without so much as a byeee

Whoops. I made a typo June 2019 not 2018.

June 2019 Shares in issue 60,306,664 (In new money)
Jan 22 Shares in issue 146,947,146
Dilution = 144%
Eyewatering

Thats 144% dilution in 30 months. More to come.

June 2018 Shares in issue 60,306,664 (In new money)
Jan 22 Shares in issue 146,947,146
Dilution = 144%
Eyewatering

Well I'm pleased that you accept your were misinforming people Troajan.
1. Tin is a by product of production.
2. The tin income is offset to show a lower OPEX from the primary product (Bad practice)
3. Wres production last year was 510t. Full production is 3100t
4. On that basis They do not have the 3rd lowest OPEX per ton
5. Of the substantial shareholder listed only Masterman remains. His holding reduced from 18% - 12%
6. Project was not delivered for the budget stated
7. Project has still not been delivered 3 years later.
8. Cash in bank then was $6m. Now likely much less than $1m even after $1.5 placings in recent weeks
9. Debt stated then as $38.65m . Now over $70m and rising
10. T3.5 stated as opertaional in 2021 and Regua Q1 2020

I could go on and on and on, but its late.
Thanks for providing all the confirmation of what failure looks like.

Troajan "and wres,is one of the cheapest producers,"
There you go again with your cheap throwaway lies. Just like the gold comment you made.
Disgusting.

Have some faith, theres always tomorrow dreamingof.....

Wrong board again Troajan. Are you just trying to keep your irelevant post count up to get top spot on pumpers and dumpers ?