Member Info for K3VMC

Ok. So what do you think is the relationship between 66% WO3 concentrate and WO3 price?

mogwhy, the tungsten concentrate wres produces is WO3.

https://wresources.com/wp-content/uploads/2015/12/20151207-WRES-Drilling-at-La-Parrilla-Yields-High-Grade-Intersections.pdf

The above shows that they can mine at over three times the average grade (0.32% WO3) from surface, so we can expect very good production rates while the plant is ramping up.

If Mr Masterman gave just that $4/mtu to us as a dividend, that would be about £100 for every million shares held.

Jig and mill finished yet?

New TR1 holder is retweeting.

https://twitter.com/space_robot1/status/1103198098900373504?s=21

Another 1.5% increase is another $4/mtu profit. That is another increase of $725,000 in ebitda for a full year at 200tpm.

Good ‘ere!

https://twitter.com/insideoilandgas/status/1082622953626382336?s=21

Snapped up, and why not?

£2m mcap v a possible fortune in oil.

Easy tiger!!!

:-)

Well, when the next news comes in, hopefully we won’t feel the need to agonise over every trade.

That bad, eh? I don’t have the patience to fish, but I don’t mind the odd bit of cod fishing.

Come on wres! Time to get me fishing for tuna!

GIT, is that the kind of sport fishing, where you put them back, or my kind, where you fry them up?

Congratulations Mr Garvie!!

Three months ago.

“Following on from the agreed plan, Rose and its partner Rockies Standard Oil Company (“RSOC”) have been in discussions with various drilling companies regarding the securing of an appropriate rig so that the GVU 22-1 can be spudded at the earliest opportunity. At the current time, it appears that a suitable rig will now be available in Q1 2019, in line with the now agreed operational plan. The Company is targeting securing the necessary drill programme funding ahead of then.”

Not much left of Q1.

Nice looking plant orm has. Those offices look like a golf clubhouse. No way would Mr Masterman fund that level of luxury!

My mistake. I thought you were talking about a TR1 going over 3%.

I suppose a TR1 could come as early as today.

Well, thank you for correcting me.

Orm has 30% of the project, but the same debt level as Wres. Not as over-valued compared to Wres as originally thought. Just about twice.

midlandboy, I’ve been accused of exaggerating at least a million times, so I guessed you were too.

Nobody likes losing money, especially me with my track record, but sometimes an opportunity presents itself. City Financial’s ROSE were dumped on the market, so priced accordingly. Rose is reported to have good assets.if they cannot manage to exploit them, then someone else will. Must be worth a couple of million to somebody!

Just my view.

ATB

Barruecopardo is a fully permitted and funded mining project currently being developed through a US$99.7 million funding package agreed with Oaktree Capital Management (70% interest). Ormonde's participation in the Project is held through its 30 per cent minority interest in Barruecopardo Joint Venture BV, a company which is governed by a Shareholder Agreement between Ormonde and its partner which provides for certain rights and obligations for each party.

The Board of Ormonde announces its unaudited interim results for the six months ended 30 June 2018, including an update on the Barruecopardo Tungsten Project in Salamanca, Spain ("Barruecopardo" or "the Project"), where the Company holds a 30% interest: