Member Info for K3VMC

GIT, I agree entirely.

There was never any point in striving for PR, when all we had was a plant construction schedule, more or less being stuck to. Now we have news flow to come and figures to go with it. National press by the time the new concentrator is up and running.

All imho.

That blast was in a relatively barren area, so they will clear that away and blast the next bench. This is their stated aim of using results from infill drilling to control the W grade going into the crusher. The jig and mill are complete, so they can drop crushed ore in the jig today, if they wanted to use lower grade stuff.

No idea how long until completion of commissioning gets announced after that, but they should be doubling production up to 4,000 mtu of concentrate per month. £500-600k revenue per month?

$20m ebitda, erm, err, ummm.

And that is just the start of it.

Perhaps if Mr Masterman had been trained at RADA, his life interview delivery might be more polished. Better the odd erm and umm, as long as he delivers another Fortescue or Anaconda.

Good ‘ere, innit!!

:-))

Really. No-one cares.

At least they are not ramping it.

I would be happy with 1.8p for T2.5 up and running.

DH

“I hate rampers”.

No-one cares.

Can someone remind me what the Turner Pope target was?

I seem to remember that at 1.8p.

Good!

Now trolls cannot complain of no blasting and no progress, they have to pick Mr Masterman on his interview delivery.

Obviously saving the “no tie”, or “dodgy Barnet” for when we go cash flow positive.

June 2019?

Even if I accept Mr Masterman’s low-ball figure of $20m ebitda, which I don’t, a P/E ratio of 7 make the sp a fourbagger from here. A sp of over 1.8p

I think Tonnacombe’s estimated holding is well over 250m now, but even at 250m, his gain from here would be £3.5m. At $40m ebitda, well over £7m, with serious dividend prospects.

You can see why he has been adding, can you not? I can’t see many large holders missing out on gains like that.

Errr, ummm, err, umm?

Good ‘ere, innit!

eggchaser, lake, hill, bangs, dust. Not that much to tell one blast from another.

Except the original blast was BOOM. This one was BOOM BOOM BOOM BOOM BOOM BOOM BOOM.

My earlier post omitted BOOM and BOOM.

I’ve had that Honda for about ten years. It sits outside in all weathers, but starts up every time. Well, after a few hefty tugs.

I cleared out about 25msq of brambles, grew some great potatoes, then was too busy to look after it. Brambles came back with a vengeance! I had the neighbours teenage kids dig them out two years running. Now I’m getting concrete bases for a new 10x6 potting shed and two other bases for existing greenhouses, 6x6 and 8x6. Three discrete bases, surrounded by gravel. I cannot see me beating this garden, but this has to help.

4.5hp, I think.

Rotavator.

I’ve got some big Honda thing, but I’m trying to go no dig.

Obone, the Selva fields are po valley assets!

I cleared another raised bed, planted out beetroot and Mrs Kev cleaned some of the paths. I also mulched the onions and sweetcorn with some well-rotted farmyard manure.

https://www.kingislandscheelite.com.au/wp-content/uploads/2019/04/Investor-Presentation.pdf

I would be interested to see the total holdings of the top 20 holders on WRES.

Bob, we got over 0.60p. I know that, because I was buying over that price!

What I didn’t know, was that Hansource was selling 333m shares. That stuffed the price, plus there was the “no more placings” placing.

Against that background, I maintain that market makers read the BB, read the sentiment, and play PIs accordingly.

Happy for you the disagree with that.

Trolls poisoned this BB.

Happy for you to disagree with that.

This BB is a depressing pile of bile at the moment, with a few notable exceptions.

Happy for you to disagree with that.

Off to the garden.

If I was new to Wres, I would avoid it at any cost, based on what is written here.

The trolls poisoned the well, sadly.

They still loiter in the background, but they have no need to post at the moment. Big buyers, like Tonnacombe, see no point in posting here. Neither do I, much.

All this bitterness and frustration is a real turn off, but at least it keeps the ask down.

Market makers read bulletin boards.

If a BB sounds negative, they can drop the price on zero volume, to shake out the doubters.

If a BB sounds positive, they can raise the price, to fleece the enthusiasts.

You can’t blame them for using psychology, but you can at least be aware that they use it.

Much better times ahead. This is just fortuitous timing, that we can have any boring or negative news now, then a string of positive news over the next two months. Not that it was planned this way, of course.