Member Info for K3VMC

Should keep the crusher filled for about 1-2 weeks, depending on how they commission the new concentrator / use the old one.

Safety, I make that a total sale price of $1m

Régua “The orebody remains open at depth and in all directions, specifically the zones to the northwest are indicating significant width and grade and are highly prospective for mine extension drilling. Preliminary works including this drilling programme are advancing.”

Mid tier miner.

Thank you. Only a few more weeks of this to go.

Jaf

“Blackrock know their business and will have done precisely that - no more, no less.”

Totally disagree. Blackrock did MASSIVE due diligence on wres. If they had ANY doubts on viability, they would NOT have made the loan.

Anyway, they did and wres will succeed, repay the loan and move on to be a mid tier miner.

Jaf, ok. If you say so.

There was me thinking they were competent astute and in business to make money. I will try to accept that they are prepared to take risks with their capital, not carry out extreme due diligence and have a scrap metal department, just waiting to cover up for their regular gaffs.

Doh!

Oldskool, sometimes you post very good sense. Not today

The thought that Blackrock would shell out $35m and be happy with steel in the middle of Spain, is risible.

Ok, so Blackrock would be happy to swop their $35m for 49m tonnes of tungsten bearing rock and some shiny new kit?

That’s what you are saying? Either Blackrock get the loan repaid (success) or they get the assets (also success).

So, what do they do with the assets, because Blackrock are NOT, NOT, NOT miners? Hmmm, they must think they are worth MORE than $35m.

No. Nobody cares. Playing the ingénu is pathetic.

Jaf, quote me ANY miner that got ANY finance, especially to build a completely new plant.

No, I didn’t think so.

All this nonsense about 2000% over base means three fifths of five eighths of **** all.

We got the Finance we are building the mine, we can afford the repayments, we will have the biggest and most profitable tungsten mine in Europe.

Don’t let them distract you from what is important.

:.))

DH, just to remind you.

"Any new investor reading your posts would not realise the opportunity here."
I would rather that be the case, than leading people down a path to the bright shining light only for them to be dissapointed.“

DH, your words, not mine.

I will be looking forward to dividends, for sure.

How can I talk about dividends, when the plant is not complete?

The same way I talked about mining licenses while others said we would never get them.

The same way I talked about the CEO being capable, when others were calling him a charlatan and a snake oil salesman.

The same way I talked about tungsten concentrate, when others were talking about dirt.

The same way I talked about plant construction, when others said it would never happen.

The same way I talked about financing, when others said lenders would not touch it with a barge pole.

The same way I talked about selling concentrate, when others said we would never make any concentrate.

That’s why I can consider and talk about dividends. Clearly, Mr Masterman’s interests in dividends are aligned with shareholders. He has talked about early dividends on several occasions, which is why many holders have UPPED their holdings BEFORE any rerating as production ramps up.

I’m very happy to talk of dividends. Not here yet, before the usual suspects jump on me, but “posters” already got it wrong multiple times in the past.

Getting better and better here.

DH

"Any new investor reading your posts would not realise the opportunity here."
I would rather that be the case, than leading people down a path to the bright shining light only for them to be dissapointed.“

So it’s ok for you to make money from wres, but you don’t want others to realise the opportunity here.

Typical.

Why?

Jaf, you know I only post to provide balance.

DH was posting that there is nothing to get excited about. I merely posted my opposite view.

Balance.

DH, please show me your board monitor prefect badge.

WRES was £26m when I asked him the same question yesterday.

Thank you for your input.

:-))

DH, you must be tone deaf, I reckon!

HAGD

:-))

Are we having that little bet on whose percentage mcap rise is bigger by Christmas?

ORM IS £15m, WRES is £26m.

Loser buys the Buckfast.