Member Info for K3VMC

DH

“Yes perhaps never was a bit strong.”

Just a tad.

Busy today, but I will be watching out for your RNS.

DH, thanks for explaining that.

Are you still against new investors buying in, even though you are expecting a 20% profit here?

DH

“Hopefully an RNS today that moves the sp.”

I like it when you have hunches, especially since you moved your sp target from 0.52p to 0.6p. Not today for the RNS, though. You like to be right, but not suspiciously right.

Nice one!

Part the first, my statement makes sense, but you have to read it properly.

Part the second, yes, I got my timing wrong. The mine has been delayed and sp momentum lost. I am still here because my opinion, now, is that the sp will go through your target to get to mine.

DH, opinions are not worthless. Opinions are what we make decisions on, unless you want to make half a percent interest, where there is no risk.

As for 0.6p by the end of the year, I’ll take that, while I wait for my dividend.

Good to see you are still invested and have upped your target! Wait, you are still trying to discourage new investors, yes?

:-))

Troajan, it’s all there, and the rest.

Patience is the key.

Jaf, you want to talk about dirt. I know you do!

Pete, I really don’t have a problem. Past is past.

First stop, I want DH to get his 0.52p, or is it 0.6p?

Since Jaf left me, I have no one else to keep me in balance.

DH, you have put your hard earned cash into WRES, in preference to all other stocks, so I am sure you expect a payback before long!

You are only waiting for a modest 0.52p, after all. I like a man with ambition.

Just remember DH, we have to get through your 0.52 price target, to get to my price target!

I’m a rootin’ for ya!

Au contraire, Rodney! Jam today is much better than jam tomorrow.

Even you are settling for jam tomorrow, as you claim to be invested here. The only difference is that I have invested more and expect more. You see, we are both in the same boat!

How cool is that!

Pete, ok. That is where I got confused. You said most of my post was tosh, when it was mostly fact. The bit you object to, is that if the tungsten price bottoms, then the mine will fail. I concede that point freely. In practical terms, it would be almost impossible to make sensible comments on any stock, if you had to factor in all the possible, unlikely and virtually impossible circumstances. I bet no-one was estimating profits for Ocado, but adding, “provided a massive warehouse isn’t burned to the ground “.

On that basis, you cannot complain about that post, so you revert to my past mistakes. Yes, I got things wrong, but not half as much as the trolls who said we would never get finance, never get kit, never start production. So, the plant is late, like most mines. Unlike most mines, it has brand new kit, is in a safe jurisdiction, has massive resources, a cooperative government and is being given nearly one fifth of its mcap as a cash bonus for bringing employment to the area. As long as it gets to anywhere near the 200 tpm in Q4, I will be a happy chap.

Nothing like a cash bonus of €5.31m and $3m+ gross sales each and every month, to put a little pizazz into the sp.

Cannot wait!

TT, no sir, I did not miss that.

Never miss a buying opportunity.

Heading downwards? Did I miss something?

Clearly, you do not know the volume of support at this level.

Let me know what tonnages or grades are tosh, please. Also the bit about our 1,000 hectares. Tosh? Or the lithium mine at Cacares. Tosh?

What else is there to tosh about?

Enlightenment awaited.

Maybe read the RNS?

But yes, I accept 100% that if there is no market for tungsten, then the mine will fail.

Maybe you should warn all the gold mining boards that the same thing could happen to them, if gold price falls by the same margins. I am sure they would appreciate your wisdom. Worth a try anyway.

DH

“Regua will not make the same level of margin as LP. It will make less. 3 times the grade or not its Adit not open pit. Masterman your icon has stated this.”

Régua had 4.6m tons averaging 0.3%+ BEFORE the latest drilling - JORC update to come.
La Parrilla has 49m tons averaging just under 0.1%.

So what? Both Régua and LP will be profitable. Clearly, LP will be more profitable because of its massive deposit. 49 million tons of ore in the most up to date JORC, but the deposit is open on all sides. The mine life of 11 years could easily be extended, PLUS who knows what other finds there could be on our 1000+ hectares property. There is a lithium deposit just up the road in Cacares, owned by Plymouth Minerals. At LP, we have only scratched the surface.

:-))

Manning up for 24/7 work at La Parrilla.

http://www.bandomovil.com/archivos/almoharin/010719140326_OFERTA_DE_EMPLEO_MINA_LA_PARRILLA.pdf

Proper jobs on offer, and well paid. Junta de Extremadura loves Iberia Resources enough to give us a 0.1p/s golden hello.

XXXX

DH

“Masterman has gone on record to say that Regua will not be as profitable as LP.”

Of course La Parrilla will be more profitable than Régua! That’s what 49 million tonnes 9f ore will do for you!

Anyway, both mines are open on all sides, so who knows what the final JORC will be for either of them!