Member Info for K3VMC

That is a wres RNS.

The trial mine and production licence is primarily to produce gold.

We drilled without this licence and we can still drill without this licence. There are two conflicting models for the resource - flat and deeply shelving. Drilling in the right places can resolve that. He has the cash to drill holes, if he wants. Maybe it is more cost effective to wait for the licence and go digging and producing, but he could be drilling now, if he wants to.

We already have the exploration licence.

dreamingof, we have applied for a trial mining licence, which will allow us to produce some gold.

We do not need that licence to drill further.

GIT, I think we will drill just a few more holes at Sao Martinho, so SRK can make it’s blooming mind.

Drill, drill, drill, JORC. That could be very soon.

BC, I know exactly what GIT posted and no more.

We just have to wait, is all.

I’m with you BC.

Tell me what you know, then I’ll tell you what I know.

Who is Justin?

I’m not prepared to take positive “information” from unknown sources, just as I am not prepared to take negative “information” from unknown sources.

No disrespect meant to anyone.

Mother, in my defence, pointless bleating is always irritating.

Usually, I just ignore it.

I guess no-one likes a sniveller.

oldskool

“ K3...where is the BOD support at 0.5? Remember, the intent? See RNS in Sept and subsequent one where only MM was 'intent' on buying at 0.5. What happened to that intent? I know what his intent was then, and I still believe it to be the case now.“

I have no idea.

“I no longer buy the Allmineral at fault line, I was always a little suspicious. I don't think it was just Allminerals fault, the lack of news in the last 12 months does little to allay my concerns. If an amicable solution has been found, then why not tell the market?”

I have no idea.

“ If this is going legal, then it would be known to the market by now.”

Disagree. Loads of legal stuff happens before papers are served.

“Courts are public venues after all. It has all gone a little too quiet on that front. Come on Micheal reassure the market. Hmmmmm, yes, hmmmmmm.”

Don’t know. Not bothered

“Anyway, figures at the end of Q1 will do something. If they are poor then I expect a raft of entries from the fan club justifying the reasons for it, as has become the cycle for the past 18 months.”

Not fussed what the fan club or the trolls say. I will make my own mind up.

“I really do hope they are good, I would look to come in before the herd (I know the story). I can take 10-15% on the bell. I have no money aside for it yet, just don't see it anytime soon. I am interested to see how this plays out as I still see no reason why MM cant, or wouldn't, take this private - which has been in the back of my mind for over 6 months and is one of the reasons I sold out. Getting a Spanish millionaire on board did little to ward of that thought process. DYOR, these are just musings.

There is a lot more to come from Wres, in my opinion. I have zero concern on that topic. As for taking a 10-15% hit on any news, you may well be ok getting 10m or 20m on that basis. I have built up a reasonable trading pot at sub .3p, as others have. They may sell you some, but my first sell of those will be at 0.5p.

My core holding is for dividends.

Oldie, I will go this far. Mr Masterman doesn’t give me all the information I would like, good or bad.

I trust what I have seen and the integrity of all involved, supported by the investment of the bod, Blackrock DD, local bank DD and local investors investment. Reputable Spanish families do NOT introduce other reputable Spanish families, without being absolutely sure of the prospects.

Just my view. Still a buyer, especially at these prices.

All imho.

Yes, the same question as you asked him recently.

jaf1948

“ Why does MM not tell the truth and explain what went wrong in 2019 ? It was not a few weeks delay in the steel that has caused the problems so why not tell the market the real reasons, get some credibility back then make some realistic milestones that are attainable.”

To be completely honest with you jaf, I don’t know why he doesn’t get all the dirty washing out. He could, I suppose, think that there is little to be gained by naming and shaming. Someone, sure as eggs is eggs, screwed up!’

No way I could have prevented that and no way I can rectify it. All I can do, is choose to cash my shares in, hold or buy.

I certainly would not be bone-head stupid enough to invest in a compulsive liar!!

How ridiculous would that be!!!

Mwah haha haha!!

$20m ebitda in the post, even at current prices.

I’d prefer it not to be delayed, but I get to buy more in the next four weeks.

Got to hand it to him. His knowledge of how the spread will be moved is almost as if he was involved in moving it.

Most of us know that there were delays in ordering the steel for the plant.

Do you read the RNSs?

Starterforten

“ Yes and it would have added revenue of $4,280 for the production in the last quarter.”

That’s not how things work. The price cannot be used retrospectively.

Thanks for the update Bob.

$2/mtu doesn’t seem much, but would add $500k to ebitda, for 12 months at full production.

I was mugged at ADME, so I was not tempted by all the pumping here.

He seems to find any excuse to chuck his toys and cash in.

Good luck to you all!

Tonlin, new camper vans for everyone!!

:-))