Member Info for K3VMC

Every $5/mtu change means a +/- $1m in ebitda, at full production.

HH got a lifetime ban from LSE. I provide no details as to why, since my previous post in the subject was deleted.

Still a firm holder, as well as Happy.

UTT

“From time to time lol, understatement of the year!! Good to see a swell in the doubter numbers, soothing words won't wash anymore, tangible progress is what's required and a healthy dose of realism.”

Is that post aimed at me?

What part of “I also get bored sometimes “ are you twisting into doubt?

I have NO doubts.

dreamingof, I apologise for being short with you. I had another bad day, ANGS wise, for one thing, and I wasn’t particularly receptive to any shade of negativity. Truth is, I also get bored sometimes and decided to put some money elsewhere, but got it badly wrong. I won’t make t(at mistake again.

Every investor wants clear and ample communication from every bod, but what makes the sp, in my view, is the state of the company and the state of the market.

The company has done fantastically well, in absolute terms, acquiring a world class asset and getting a state of the art plant almost complete, in about eight years. Relative to its stated timetable, it is a couple of months behind schedule.

The junior mining market, by all accounts, is rubbish, with very few, if any, miners reflecting fair value.

Would more PR have made any difference? I am not convinced it would. There are only so many times we can say, we are nearly there, before that starts to be meaningless noise. Save the PR until you have something substantial you can give to the market, is my view. We have been at 0.5-0.6p not that long ago and being back there would let some folks trade in and out, which would create a little bit of interest, but if we can get a run of some of the stuff on mogwhy’s list on the back of some well written broker notes, we could get the sp really moving. And staying up!

Dreamingof, I can understand that. I get tired of investors moaning. You can do something about that, to benefit you and me both.

Investing is not compulsory. You have free will. Sell, buy or hold. Same for all of us. I promise I won’t bore you with my problems.

ATB.

No problem with mogwhy.

Dewy, Mr Masterman just said we had 1 tonne of tin for every 10 tonnes of concentrate. Tbh, I didn’t think to ask him if he had a buyer. I just assumed that!!

DH, oh! Really?

You were referring to mogwhy’s list?

Perhaps you should have stated that, instead of “I note they haven't been chucking money in recently.”.

:-))

I cannot wait until you get your 0.52p, then find another excuse to stick around.

Tarouca can be handled as part of the “Régua hub”.

Contract mining, contract trucking to the contract crusher, then passed through the old LP crusher.

Extremely low capex!

DH, maybe you chose not to notice?

RNS is there, if you really want to find it.

Both directors paid in £75k.

RNS of May 22nd is there for anyone with the wit to read it.

No offence meant.

Oldie. Take the midpoint of the spread.

Trade point above that, blue.
Trade price below that, black.
Trade price same as midpoint, black.

It isn’t rocket surgery!

That is what they are aiming for At LP.

If they get HALF of that, no-one will care about telling the difference between piddling buys and piddling sells.

$3m/month. Success at LP and moving on to Régua.

Oldie, you can bang on as much as you want. Makes no difference.

None of the trades are dodgy. Just trades.

You only have to look at prices, to know if it is a buy or a sell.

Absolutely fair, would be information on who is buying (MM v investor) and selling (MM v investor).

Not going to happen.

Anyway, it has been like this for ever, so take it or leave it. No-one says investment is compulsory.

I have just been reminded that Mr Masterman was asked if there was any intention to raise £4m for anything specific and he replied that there was not.

This refers back to the conversation we had here, pre the agm, on the resolution to allot shares.

Shown as a sell, but so are all the trades at 0.439p.

Oldie, buys:sells = 2:1, but no trades worth mentioning.

Just because they are red, does not make them sells.

My broker has bid me for shares today, so somebody wants them!

Investors would do a lot better, if they just relax and wait for the plant to be fully commissioned, the two new broker notes produced and production to ramp up in September.

£3m/month coming soon enough, so stop stressing over every tiny trade.

Reading, gardening, if your stamina permits, will both help mental stability.

Imho

TT

No-one is making money at 0.43p!

Sometimes people just need to realise cash, for whatever reason.

Life, eh?

Seen it before, but it was repeated last Wednesday.

It went through the properties of tungsten carbide, explained China’s role in flooding the world market, then restricting exports.

They went round WLFE, saying it would have a mine life of at least ten years and showed rows of bags “each worth £16,000”.

“There’s nothing else quite like this stuff”.

“The world’s population has doubled in the past 50 years and all those people are buying and using ever more complex stuff and that’s requiring us to dig up more and more minerals, to keep up with demand”.

Well, no WLFE, so less supply to meet that increased demand. Trades spats aside, the long term demand for tungsten only goes one way.

LP has 49 million tons of ore that we know of, and that deposit extends in all directions. We haven’t reached the edges of it yet.

Fabulous ere, innit?

All IMHO, DYOR, BYOB

Troajan, good to have you back!