Member Info for goingunderground

Safetyman. "I thought there were disappointing production figures for September, the 220 tons for the qtr was less than expectations"
You must have received the Fan club edition of the RNS, the one I see says very clearly
"Total tungsten and tin concentrate production of 192.4t"

Marklee. Are switching sides all of a sudden ?

Instantexpert. Its called "Robbing Peter to pay Paul " Its all wooden dollars.

Assuming he hasn’t sold already L200.

Back down again L200.
They certainly need someone

Just a thought L200. Is Parker Schnabel or Tony Beets available. They would be great replacements for Pablo. ;-)

L200. The BOD will have to buy in. It will be a requirement of any placing. 10% just like the last one.

I'm dissapointed because I predicted correctly

A VERY optimistic 191 tonnes combined (W+Sn) which represents a very lowly 25% of the stated FID output of 775 tonnes combined.
25 Aug 2021 15:01

Thats twice I've won now and no prizes !

"Wrong. WRES IS the parent company."

Sorry, on this you are correct, I got it the wrong way around. My point remains. It is not WRES that is stated as EBITDA positive.
I have emailed admin and asked for my original post to be removed.

WRES was not EBITDA positive. The parent company was. Just further spin.

2 weeks before the end of q3 in the RNS on Sept 15th. Masterman can be quoted as saying "we remain positive about reaching our production target of 1,000t of concentrate in 2021"

Now its dropped to "W Resources has adjusted its full year production guidance to between 650t and 750t of concentrate"

That is quite some U-turn.

How long now is the wait for the RNS regarding additional cash being required
How long now until the RNS that deals with the reparations due to Blackrock for the non payment of interest for the the last 12 months.
Some news to come yet. At least the 12p warrants won't be an issue . Back in the 6's again today ?

Dunno whats silly about it ? Its true. Silly would be believing it would rise.
Anyways. I'd be surprised to see it stay at that level.
Who's silly now ?

"Above design capacity"
Maybe its a meccano set they use ?

Rubbish. I won ! Winner winer chicken dinner

Looks like about the mark

"W Resources has adjusted its full year production guidance to between 650t and 750t of concentrate."

Thats a downward adjustment BTW .

WRES have also failed Getintheres "Good" test "In my view 245 tons would be good for Q3 but as you can see from my guesstimate I’m hoping for 265 tons"

And ONCE again, that makes me the winner of the guessing competition. Getinthere ignored my guess cos he doesn't like me, but here is the post he ignored
goingunderground
A VERY optimistic 191 tonnes combined (W+Sn) which represents a very lowly 25% of the stated FID output of 775 tonnes combined.
Posted in: WRES
Posts: 1,258
Strong Sell
25 Aug 2021 15:01

RE: Q3 production guesses
Assuming 7 day production starts in September"

Where do I collect my prize ?

192.4t . Combined

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

Safetyman: " A reasonable expectation is that they are better for September than August, "

Yes, at least 40% better as they are now working 7 days and not 5. Anything less is a fail