Member Info for goingunderground

Stevebt.

Unlike Getinthere, I think I understand that you saying that if it rises another 0.4p you are in profit ? Well done

Ticked up. 7.25p

Mind the gap

Rod Rod. I'm at a very optimistic 70 but GIT refuses to acknowledge my existence, which is really funny as in doing so, he does :-)))))

Wasp. 1000t of what ? Concentrate ?

Safetynan - " I don’t really know "
Correct

goingunderground

Posted in: WRES

Posts: 1,069

Price: 6.75

No Opinion

RE: July’s production guesstimates24 Jul 2021 12:21
70t from me.
Mifflin the T2 expectation is 225t W and 33t Sn per month. Total 258t combined.
880t-1000t is the revised expectation for the full year of 2021

I've had a guess, its on record but of course getinthere cannot see it. But its 70t combined and I think is very optimistic. Whatever the number is the big one will be if its repeated the following month of August.

and for balance sp is now 7p. (6.8-7.2)

More misinformation from Getinthere. "plus in the FID 10% so 22.5 tons of tin per month, that’s 247.5 tons"

Nope, its 400t pa Sn stated in the FID. 33.3t not 22.5t Total combined of 258.3t per month

70t from me.
Mifflin the T2 expectation is 225t W and 33t Sn per month. Total 258t combined.
880t-1000t is the revised expectation for the full year of 2021

Hectic day of trading, dunno how you keep up.

So they might be worse then Troajan. Thats a worry.

MIB "It will make a very pleasant change for us to receive news that we have over achieved"

It would indeed, can you tell me what the company target is for July, that way we will know if it has been achieved, because I cannot find one anywhere
Thanks

Troajan "report was calculated,before entering the lower orebody"

Wrong again. Excerpt from Shard report (Have you read and understood it)

"We refer to the company’s production guidance although we model a more cautious ramp-up given La Parrilla’s mixed fortunes so far. Thus, we forecast total concentrate of 910t for 2021 (guidance 880t-1,000t)"

The likely concentrate production is what Masterman stated the companies aims were in recent (Later than Report) communications. Higher quality bodies were included and were part of the plan.

Don't be embarrassing yourself making statements that can be proved to be misleading/misleading

Shard Report

Financials (US$m) 2021 2022 2023 2024 2025 2026 2027 2028 2029
Total Revenue (US$m) 11.5 34.3 37.1 35.2 60.3 60.3 60.3 60.3 60.3
EBITDA (US$m) 0.3 15.1 17.9 16.0 26.7 26.7 26.7 26.7 26.7

So, initially it is not $20m it is $0.3m. Rising to $15m by the end of 2022. This is based upon the company producing 775t of concentrate per quarter from 2022.
It contains a number of assumptions, some favourable (Production Numbers) and some unfavourable ($260mtu W and $23k Sn)
T3 assumed to be pushed back to 2025 . $26m EBITDA according to Shard.
Opinion - anything beyond the end of this year is very speculative. 775t per quarter is very unlikely

Getinthere " I’ve used the contained metal average of the first two quarters of 35% for tin"

That figure is incorrect

350t (W 262.5t Sn 87.5t Concentrate.) Based on $280 mtu and $33k for Tin. Assuming the same concentrate grades as Q121 (65% W and 51.9% Sn)
US$ 5.2m income

"GIT, Hope all is well. On the basis of your recalculation of 1/3rd 1/4 production of 350 tons , what is your estimate of the revenue on a 75/25 split between tungsten and tin ? Your thoughts would be welcome."

Waiting to see this.

Fascinating.