Member Info for K3VMC

I think they have been reading this board and taking stylistic lessons from it!

HUMBUG!!!

Buying at a 30% premium, with the CEO buying at the same price next week.

I’m happy buying at this level.

Never listen to trolls.

:-))

Attila, you should come to the next mine trip!!

Meet a few of the happy clappy gang.

:-))

Through the new concentrator!!

I can’t think why most of you are grumpy!!

+-$5/mtu is +-$1m ebitda at full pelt.

Troll away!!!!

L200, they can’t have $110m debt.

The $110m is Salaro’s debt. Still has to be paid back. And ORM only owns 30% of the mine.

I don’t actually need or want orm to fail, or do badly. I just think WRES is a better investment.

That seems to irritate you for some reason. Sorry, can’t help you with that.

I obviously know less about orm than you do!

I thought orm had 30% of Salaro, which borrowed the $100m from Oaktree, but maybe I’m wrong.

Ok point taken, although none of us knows what the offtake price is.

DB

“The 9 month + delay was planned. There was no point in mining Tungsten when the prices were low, we have brought this into production in a timely manner to coincide with the planned Fanya auction as we expect the price to rise" or words to that effect.”

No, the delay was allminerals fault.

L200, they were in trouble according to them, not me. Grades not sufficient in their original mining plan, having to shift overburden and borrowing yet another $10m because of all that.

Rising, nevertheless. Maybe investors realising it may survive to repay the $110m, then make a profit at some point.

I hope the $10m gets agreed and on good terms.

Oldskool

“K3 you mention the shares in issue as of today, and use these to work out your figures. Fair enough. I will ask, does that figure include the 5% dilution to come from Blackrock? Does it include the outstanding warrants? Does that include the money MM will be looking to tap into? He has already done the soft sell, so I believe he will take the money to keep this puppy going until production and/or prices increase. Or it may be used to just blur the lines a little.”

No, I used the share in issue now. I apologise if I did not state that clearly. I also omitted any revenue contribution from Régua and nothing for São Martinho.

L200

“the price we receive has not moved a inch, and all of a sudden we are talking about going up to $350 and £30m ebitda.
Unbelievable really”

Not unbelievable at all.

Why do you think Shard and TPI write research notes? Do you bother reading them at all? Or do you read them and rubbish them, “for getting ahead of themselves”?

And if we get back to $350, that goes to to £30m ebitda and 3.8p/s.

Spookily, 10x todays sp,

Oh yeah, baby!

Safety, I’m with you on the everlasting penny party!!

Good ‘ere Tonlin. Brushing up my Spanish for the 1p trip to LP.

:-))

I’m here. Just waiting for the “first ore” RNS.

Maybe the LSE site is flakey?

Just because I’m paranoid........

Definitely not accusing you Jaf.