Member Info for K3VMC

I almost bought into BKY. It seemed like such a good story, becoming less dependent on Russian and Kazakhstan uranium, with rising prices and many US reactors due to sign new long term supply contracts.

It didn’t compare well to WRES, though. That grant from Extremadura is not jut about the EUR5.3m. It shows that we have the blessing and backing of the folks who say yay or nay to out planning applications. BKY shows how important that is.

All imho, jaf.

Jaf, i apologise. I should have quoted the source.

“Development work is underway targeting first ore and ramp-up in Q1 2019 to mine 2 mtpa of Run of Mine and produce approximately 2,700 tonnes of tungsten concentrate and 500t of tin (Sn) concentrate per annum.”

This is from the company’s own website. I will agree with you that this does not come from a RNS, so should not be trusted by you, in the same way you mistrust all the recent interviews give by Mr Masterman where he quoted production figures and the LME prices. Neither should you use current tungsten prices, but strictly adhere to the FID. Sure, time passes and the world turns, but pedantry is eternal.

“Development work is underway targeting first ore and ramp-up in Q1 2019 to mine 2 mtpa of Run of Mine and produce approximately 2,700 tonnes of tungsten concentrate and 500t of tin (Sn) concentrate per annum.”

Please complain to WRES that they are using incorrect and unsubstantiated production figures!! The FID clearly stated 184k mtu of tungsten concentrate. Tell them they must use the production figures previously published and agreed by you.

What gets my goat is that you state that 184k mtu as FACT, when we clearly know it is not FACT until after the event.

Production, IF we have ordered the right equipment, IF it fits together, IF it can handle the dirt.
Profit, IF the grades are there, IF the customers don’t go broke, IF we don’t lose all our employees, IF the tungsten price doesn’t crash, IF we can produce at an acceptable opex. Oh, no WWIII.

I miss the old days, before board monitors.

Jaf, you having a bad day today? I’ve got a bad cold, so a bit grumpy and bored with it now.

I regret that I have no evidence for that and , to be fair, it may be flu, so maybe i should add, imho?

I have to admit that my WRES valuation has gone down today, as has Marcus’s holdin, but can’t prove anything to you.

Thanks jaf.

Really? I did not see 230m.

Anyway, Marcus has definitely NOT sold. Any.

Ah, got my post removed.

I’m not surprised. You carry on with your agenda. It will reduce my entry prices.

Not the way i would behave.

Troajan, I understood your post. I’m just disagreeing.

In a nice way, obviously.

There is nothing mysterious in the 1m, 2m sales, in my small mind.

People are just trading, trying to make £50 here and there. Nothing sinister in that. There are several on this board who admit to that, and others that don’t.

mogwhy, Marcus has not sold 24m. I don’t know where you got this idea from, but as I explained yesterday, no TR1 was required as he was diluted under 4%.

Chaser Junior, any idea how much of the 800+sqkm has been surveyed at La Parrilla?

Really? Nine employees? They have Scottish spades, obviously.

Never invest in any company with fewer than nine employees, according to Simples of Wall Street.

We are drinking the last of the Hortulanus. Shame they will produce no more.

Anyway, the RNS Stazi may be still on duty, so I have to keep my opinions to myself. I would hate to be labelled a ramper, after all.

Hmm, unsure. What are you drinking?

I repeat. With every post you make, your credibility decreases. Each little theory. Complete rubbish. My 5m buy has nothing to do with any other trade.

Tumshie.

Troajan, I’m not saying I get it right all the time, but I would have to be utterly, utterly stupid to post about a late reported trade, if there was any chance of it NOT happening.

Doh!!

Jaf, I don’t blame anyone for holding back, or even using outdated production figures and tungsten prices. In fact, I don’t even blame anyone for being mugged by derampers OR rampers.

Invest, don’t invest. No-one is forced to do anything. We make, or lose, our own fortunes.

Time will tell all.

Oh look!! A late reported trade.

Whoda thunkit?