Member Info for goingunderground

I guess its safe to assume that 12 months unpaid interest amounting to $7.5m or so (at best) will now be in the form of extra debt from Blackrock. I would expect to see an announcement soon

Wrong again K3VMC. Enjoy the blue

What you posted is " If we get 66% of contained metal and then 80% of the apt price under the offtake tha5 would be - $1,148,928. If some of that is sold outside the off take ( there is a potential of 20% of production to sold in that way , I think) that could bring 20% up to $287, 232.( From $229,785 if under the off take for that portion) which is an increase of 287 -229 = $57,446. So potentially $1,206,374"

So 68t = "potentially $1,206,374" - Wrong.

Sleveen, I'll let you explain if you like .

" initial T2 development of the La Parrilla Mine, and will account for approximately 80% of the planned production tonnage from this phase" Its currently working at about 25% of that capacity. The buyer will take it all . Its not producing enough.

Anyway, think what you like. WRES get 80% of the price, the supplier does not get 80% of the production they would love to have more I'm sure.

Understand why you are entering 80%. There is no extra "20% "
Its a real worry when posters bleat on about green boxes but do not understand how the pricing is derived.

Also production in September ( the last published) was 42t . That was from 7 day working on the high grade.

Buy price is now sub 6p by the looks of it. Unless its just preparation for Black Friday sales

It seems they get to talk about the filtering process which is funny really. They filter to avoid posts, then constantly refer to the posts they can't see. Its pretty boring really

IMM's were selling below 6p last week. I assume you mean the mid price ?

Yes, I would agree with that IE.
At full tilt with MM "enthusiasm" added, Regua is 83t per month. So that is 21 truck runs per month. Each journey would be an absolute minimum of 2 days. 2 dedicated trucks would be required. All that said, it might be something to expect in 2023 Q4.
Shareholder should see the Financial ROI and detail behind this. MM has already said that OPEX will be higher then LP, just how much higher. Seems pretty typical that there is no detail - Yet ?

" Plant configuration includes equipment from La Parrilla tailings plant, spirals from Wolf Minerals Limited and selected new equipment"
"The process plant will be built on lean capital cost estimate of €1.5m"
"Adit mining has been contracted to Empresa Portuguesa de Obras Subterrâneas, S.A. ("EPOS"), a highly experienced Portuguese mining operator.

Ore will be trucked on the newly constructed haul road to the existing crusher plant at the process plant site. A waste landfill will be created in a nearby quarry improving the restoration stage of the benches. A contract for fixed unit cost haulage and crushing was signed in June 2019 with Francisco Pereira Marinho e Irmãos, S.A. ("FPM")."

Instant. You need to read the detail of the RNS's
"In the initial trial mine operation, high-grade Régua ore will be processed using crushing, mill and spiral equipment to produce an 8-12% WO3 concentrate which will then be trucked to the La Parrilla processing plant for upgrade to 60% WO3 concentrate and purification."

Safetyman. No, thats not what I am saying.

Page 48 Consolidated financial statement 2020

"Getting to 2,700tpa of Tungsten Concentrate is W’s “name plate capacity and the Company’s T2 target. Production at La
Parrilla commenced inNovember 2019, however W does not expectto attain this production level until 2022, atwhich time
the Company will move from being an Exploration/Development Company to a Full Production Company"

Dreamingof "it’s one thing to multi hat for an exploration company but we are now a production company"

It might surprise you, it did me, but WRES is not a production company

Someone posted this on the board "i cant see gug and instantexpert,getting their 5 and 6p buy in predictions m8."
Now look. Buys at a scrape over 6p

No Impi. I believe, Its just a lack of sentiment. I might be wrong, as I am sure there is a cash raise of some type incoming, its taking much longer than I expected though. As the SP falls, people jump off the bus.

Safetyman "GUG, let’s keep the record straight. Best not to have it twisted:"
I didn't twist it, you did by misquoting me.
Anyway, today is a new today.

Safetyman - "So GUG, according to you I have made 14 posts today that were abusive"

No, that is not at all what I said. Read it again and stop trying to stir up a hornets nest. Getinthere says "constantly attempted to bait people so that they can then report them and try to get them banned" Who was he talking about ? You ?

A few examples from your posts that still remain "deeply unpleasant individuals", "I find you to be abusive", "Aston, or perhaps man in black?" None of which were directed at me, I hasten to add.

Its getting silly. That much we agree on. Don't take the bait.

Safetynam. I have made 3 posts today. None of which fit the criteria that SteveBT outlined.
You have made 14 posts today, many of which were abusive to people.
Can you understand why I asked the question of SteveBT ?

Stevebt.

I read your post and though you were addressing the actions of the LTH's. Repetitive in the belief that next quarter, next month will be better, "Guessing the production" games , this time next year, EBITDA of $40m, "Nasty" comments, "Nasty" people etc etc.
Just for clarity can I assume that you were commenting about "both sides" to provide balance ?

Cheers

Nothing missing from my view ?