Member Info for K3VMC

Safety, I agree with the higher grades in the south, which are not included in the JORC, Charles, Ryan Long and I walked along newly dug trenches where the scheelite veins were clearly visible. I was told at the time that the grade has to be around 3-4% tungsten, before you can see it with the naked eye. Also, we were tripping over lumps of scheelite around the south of the lake.

oldskool, I can see your points, but I still see this coming good.

I have no reason to doubt the LP JORC, which only covers part of the property. On top of that, we have Regua and Sao Martinho resources to add in.

I admit that I expected more from the plant / plant suppliers in terms of delivery and fitness for purpose. How the blame gets shared out between them and WRES doesn’t really bother me, as long as it gets sorted and we start to kick out metal and cash.

I’m happier now that Snr Diaz has been parachuted in to sort out production. His experience Will be invaluable.

With perfect hindsight, I would have bought gold bullion and not bothered with undoubted pleasures of this chat board, but having so much invested, I’m certainly not selling and have bought several times in the past few weeks. I would have preferred greater transparency from WRES, so I could have been buying at these levels, rather than in the mid 0.2s, but I’ll just have to suck that up. At least I stopped focussing on WRES for the past few months and made money elsewhere, so I can afford to average down.

From here, I’m thinking of it as a recovery play. IF it works, then it works big time.

ATB

oldskool, nice to see you still taking an interest in us.

:-))

obone, welcome to the fold.

To be fair, it was Parsons that screwed SRON, IMO. Mr Masterman wasn't allowed to put in the Italian assets, but the deal went ahead anyway. I should have pulled out of the CORO placing, but didn't.

goingunderground

“£6.26M has been loaned since Feb 18th“

Are you sure about that?

L200, in your haste to deramp at every opportunity, you Appear to have neglected to engage brain.

We can all read. We all know that each drawdown is limited to 500k

The point being made, was that this is the ONLY drawdown that has been made, since the facility was announced, over four months ago.

Relax. You have no exposure here. No need for you to worry about us poor sheep. You have bigger things to occupy your time.

No-one from the placing will be selling down here.

Well, you have a point, but I couldn’t care less if he ever does an interview again. Certainly not his stock interview.

Tungsten and tin on lorries will fix this. Nothing more or less. I think they have huge potential over the next few years, but for now, just shake, rattle and roll that metal into bags.

$5.5bn mcap. Partners with £44m GDR.

They are not doing this for peanuts, or philanthropy.

The US testing regime has been shockingly abysmal since the start of COVID19, with some tests taking more than five days to come back, and even then with too many false negatives AND false positives.

GDR has the tests and Beckman Coulter has the reach and the clout to carve a chunk out of the US market. Stop watching the sp every three minutes. Give it 3-4 weeks and see where we are then.

GIT, there always at least two reasons for doing something - a good reason and the real reason..

I can’t imagine that it takes a bigly proportion of a £50 note to progress Regua in the 40c heat of a global pandemic. Sounds good, but meh. Not buying it. Fixing stuff and keeping the lights on, I can buy. That takes cash.

Du hast ubergeflapt.

Nobody made you invest here, did they?

dreamingof, compose yourself.

L200, you should invest in L2.

It only costs about £25pm.

Well, I sold my 0.3p shares for 0.49p.

If they drop to 0.45p, I'll buy them back If not, I'll buy something else.

I reckon the FCA has spotted the same guarantors on several loans and ask NSF to write those off and introduce a limit of just one or two loans per guarantor.

As many have pointed out, if it was something serious, they would have been pulled up months ago.

Great buying opportunity.

UKOG didn't take my call, but I left a suggestion that they should RNS this decision to overturn the planning refusal.

The members were told very clearly by counsel during the meeting that there were NO valid legal grounds to reject permission. That was the case then. That is the case now.

"The motion approved by the Committee to refuse the Application was not made on any valid planning grounds."

It was obvious at the time that the meeting was shambolic and that the decision would be overturned.

As stated in the tweet, the FCA would have stopped them from lending way back in March, if they had real problems with NSF.

Probably something has occurred to the FCA in looking at AMIGO, so they will be asking NSF to change their processes to suit the FCA.

Storm in a teacup!

Exactly that.

Folks see CFA in a RNS and have panic attacks. It is doing its job in reviewing the sector in general.

“ it has raised a number of concerns regarding certain aspects of the operating procedures and processes at the Division.”

It can’t be serious, or they would have told the company not to do further lending!

Are buys.