Member Info for goingunderground

Funny isn't it. I agree with Troajan and Getinthere spouts his usual rubbish. Get your head out of the sand.

Troajan "the mcap should re rate,if we get to that tonnage
£8 milll mcap?"

If you get to 150t a month of W, I would agree, Seems like an impossible dream though. Always some reason not to.

"so if tge the mine goes 24/7 on a 7 day per week....then 150t is on the cards
pay off atlas"

Wres only owe Atlas 250k, that would not really be a highlight. When they do the next debt raise/placing I do hope they earmark 250k to settle off Atlas, you don't need them hanging around with the CLN. That would be a sensible thing to do

Comedy gold OMR.

"RNS injected confidence into the Business from a 'blue chip' source."

Why would the payment of grant 3 yrs after it was awarded inject confidence. Honestly, some people. They had no option other than to make immediate repayment to Santander as the loan was secured on the grant.
Production increasing 300% supported by RNS'd numbers over a 6 month period is the only thing that may save this.
This very small increase intraday will be reversed soon enough

K3VMC "Debt reduced by about 8%. Excellent news!!!"

Yes, should help the pre-pack along nicely

9.5 to open ?

Well at least we won't see any more mentions of the grant. :-)
Nothing changes materially though, in one hand and out the other. How will they address any cash flow problem
Some light relief though

https://www.mining.com/as-tungsten-demand-remains-low-producers-may-have-to-look-at-new-markets-report/

There you go, making up numbers again. 45% profit. That's funny.

Hey Troajan, we agree. Amazing. Its just that many of the long term holders seem to think it would be a really good idea to bolster the output of APT from La Parilla and fudge the numbers.

Have a lovely day Safetyman. Maybe by the end of it you will have your head straight with timelines and important matters.

No confusion from me. You are using a June RNS I am quoting a later Sept RNS. You need to keep up. Clearly "being an investor and someone who has even visited the main mine" is not sufficient. In fact neither holds any bragging rights at all.

Maybe a question for the Q&A that an April RNS stated "Michael Masterman (Chairman), Pablo Neira (Executive Director) and Paul Hailes (CFO) will host an investor Q&A later this month, the details of which will be announced shortly."

Bit of thing with RNS statements and this company isn't there.

No apologies expected though. everyone makes mistakes.

There is a internet thingy from the GPO, you might want to use it

RNS June 1st 2020 States:
"Mining operations commenced in March 2020 and is currently paused due to the challenges presented by COVID-19."

Later RNS 30th September states:
"Mining works commenced at Régua with 67 linear metres advanced prior to the need to demobilise due to the State of Emergency in Portugal.
· W is planning to apply in Q4 2020 to convert the trial mine licence at Régua to a full mine licence"

Keep up.
Rampers hate to admit when they are wrong and never apologise for their misinformation

In at 8 , out at 22. Thanks Troajan :-))) Who cares if I miss a little more.

Safetyman. You posted "In terms of Regua shipping ore to La Parilla the relevant impediment is waiting the trial mine licence"

According to the RNS 30th Sept 2020:
"Mining works commenced at Régua with 67 linear metres advanced prior to the need to demobilise due to the State of Emergency in Portugal.
· W is planning to apply in Q4 2020 to convert the trial mine licence at Régua to a full mine licence"

The trial licence is in place, More rubbish from you I'm afraid.

This is the guidance that has always been applicable since the start of the outbreak
"Continuation of the control of people on land borders:

- Road traffic at internal land borders is prohibited, regardless of the type of vehicle, with the exception of the international transport of goods, the transport of cross-border workers and the circulation of emergency vehicles and breakdown vehicles.

As a recommendation, drivers and other workers linked to international freight transports, have with them, the international driver certificate (model of the CE communication). On land borders, it’s not demanded Covid tests, nor quarantine for professional drivers and other workers linked to international transport of goods."

https://www.reuters.com/world/europe/portugal-reaches-final-phase-lockdown-easing-land-border-with-spain-reopens-2021-04-29/

But also understand that the Spain/Portugal border has at NO time been closed to commercial traffic (Such as the transfer of materials from Regua to La Parilla) during the Pandemic
T

You didn't say any year in your original post. Then I said 2021 and you replied with 2022 figures. It will be June 23 before they will appear.
We all know Shards forecast and anything WRES produce has not come to fruition when it comes to production or revenue. Looking beyond a quarter hasn't even worked for them. In fact a month is proving impossible ( In March when he said best quarter ever) So lets stick to the balance or probability and likelihoods. 2021 will be an abstract failure. My opinion is that the company will not make it into 2022 in its current shape.
Get back to the blast furnace..

Maybe you should

Did you give yourself a pat on the back after writing that. Just for balance it would be said that anybody that holds a stock to see an 80% loss is probably in need of an asylum.
Strange world eh ?