Member Info for K3VMC

Troajan, agree with that.

Troajan, I remember that one ok. We thought the money would start flowing in from processing the tailings!! How naive we were back then!

Eight years later…….

IE, thanks for setting me straight. I knew there were several RNSs about the Iberdola upgrade, but couldn’t find the confirmation that they had done that. Do you know the date of that RNS, please?
I’ve also got a memory of MM saying they got a better deal on gas, do they were using gas generators instead of grid power.
Why would they have generators problems, if they weren’t using generators? Also, if the grid gives enough power, why didn’t they just use the grid?
I’m obviously missing something.

Safety

“ Kev, there was a RNS a while back saying they had grid connection and it provided the grid supplier name. It’s in there somewhere if you want to trawl through the RNSs- it’s the sort of thing I remember, given my work experience.
If you have grid power and interruptions and simultaneously run up generators there can be synchronisation and other problems, so protocols and systems need to be spot on.”

Yes, they are connected to the grid, but only get about 0.76mw. They depend on the LNG to power the plant. It was cheaper than upgrading the supply and meant they didn’t lose time agreeing local land access for power pylons. They must have continued with the access process since then, as they now plan to upgrade the grid.

All energy prices are going up, but maybe electricity from the grid is now more competitive v LNG.

“ A number of power outages were caused by technical problems with the liquefied natural gas (LNG) generators. This was resolved by the supplier and W Resources will install an additional connection to the grid power supply to mitigate against future power outages. This is expected to be finalised in 2022 and will supply sufficient electricity to power the entire plant.”

Safety, they weren’t running off the grid, we’re they? The LNG generators were a cheaper alternative to the grid, although they were talking about arranging access with local landowners to put up some extra wire before they got the generators.

The 20k buy is mine.

The opposition lost the vote against the president, but too late for Canada to react to. It’s a storm in a teacup.

Normal service will be resumed.

Cheaper than it was last month!

Waiting for payday now. Going to slice at £3.50p.

Shorts down further to 463 btc.

532 btc Let’s hope it keeps going that way.

https://www.tradingview.com/symbols/BTCUSDSHORTS/

speculater, can you tweet it, please?

Last time I gave my email address, I was send so much guff, I had to bin it.

:-))

On the ask.

OMR

I think rodrod is happy about going over to fishfish.

Not a lot between here and $67k.

InstantExpert

IRS is the wholly owned subsidiary of WResources. IRS owns and operates all Spanish and Portuguese assets.

Is the other area the site of the second dam?

I’m trying to recal the topography, but can’t envision where the second dam might be placed.

Excellent news. This is the first time IRS has been EBITDA positive. That is a necessary first step towards the $40m EBITDA that I have been posting about for years now. It is definitely getting closer to that figure!

GUG

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

Wrong. WRES IS the parent company.

“ The months of August and September were both EBITDA positive for W's operating subsidiary Iberian Resources Spain ("IRS") and the Company firmly expects Q4 2021 to be EBITDA positive as well for IRS with the mine at La Parrilla increasing production as the quarter progresses”

PDR

“ £5 by Christmas”

I have no problem with that concept, but what happens if 145,000 RobinHood “investors”, who probably spell crypto with an “I”, decide that 15% is the biggest profit they have made so far?

I’m here for £5-6. I’m just not prepared to put a timeline on that.

JS499

“ Since it mentions gas "production" in the next few months, my guess is it's probably referring to Cascadura.”

Since the poster has no evidence for this, I think it can be classified as hot airl

If there is no provenance, it does not exist.

They got however many shares at $15.

They well be losing them at 10%, 15%, 20%.

At some point, this cheap churn will stop. When? Maybe tomorrow, maybe next week, but they will sell out, in due course.

I’ve stopped buying now. Just waiting for a £5-6 pay day. I’m very patient.