Member Info for Kaiser_B

My purchase of 15,151 shares is showing as a sell, but that just means I timed it spot on at that moment.

I now have over 1.25 million shares here, it has taken a long time to get to this level and I definitely wish I had a few more and if my bonus money comes in soon, I will try to get some more, but if it doesn't, it doesn't. Roll on the dividends.

Another 81,000+ shares added to the trading pot. I am not too fussed though, because it will take off at some point in the future and when it does those shares will add to my free ones.

I like this spiel quite a lot.

La Parilla | Tungsten Ore Beneficiation in Spain The Spanish tungsten and tin mine at La Parilla is banking on state-of-the-art technology from Duisburg to optimise the quality of its raw material. Two high-output alljig® fines jigs for the efficient pre-concentration of extracted ore are the core of the planned processing plant operated by Iberian Resources in south-western Spain.

The La Parrilla mine near the Portuguese border is one of five sites on the Iberian Peninsula mined by the parent company W Resources (WRES). In the years to come, the two alljig® fines jigs will help double annual output in the Extremadura region to 5,000 tonnes a year and ensure a consistently high product quality.

Thanks to the new processing technology from Duisburg the mine operators are hopeful of achieving a material yield in pre-concentration of at least 90 per cent from the extracted scheelite ore. The mass flow rate is also to be reduced by 55 per cent, boosting allmineral’s industry lead in jigger technology by a further application.

The side-pulsed jigs are designed to grade by density up to 350 tonnes of scheelite ore per hour, pre-graded to 2 to 10 mm. During the jigging process the particles in the material strata align according to their specific density. The material is fed in discharge direction where the specifically lighter scheelite-poor yield is separated from the specifically heavier scheelite-rich ore.

The alljig® jigs from allmineral stand for the physical stability of the process, allowing an optimum jigging stroke with a minimum of energy consumption. The jigging motion used to separate the particles is wear-free and induced by air. This in turn allows for maximum flexibility with regard to adjusting the operating parameters for the stroke motion (frequency, amplitude and shape).

By increasing its ore production and optimising its processing at the La Parrilla site, WRES is set to boost its tungsten production significantly by 2020. Tungsten is used as an aggregate in steel production, with around 90 per cent of the tungsten extracted worldwide used for that very purpose.

I especially like the fact that they have put this statement in there.

The Spanish tungsten and tin mine at La Parilla is banking on state-of-the-art technology from Duisburg to optimise the quality of its raw material. Yes it has once again been confirmed that we are using STATE-OF-THE-ART technology. Which is something that Wolfe weren't using and no i am not slating them, but pointing out that fact.

Tweeper,

I will give you the facts that are readily available out there, that some how people either can't find or others misquote to people.

MM has stated that the old concentrator wasn't as efficient, so they have taken the old concentrator and modified it to a mirror image of the new one to test the concept of the new one prior to installation. Yes we don't know the efficiencies of either, but we ARE producing Tungsten concentrate, albeit at a reduced rate, which is wholly acceptable, because we are still in the construction phase. At the Turner Pope meeting MM stated that we were producing about 20 tons a month, which is less than a 10% a MONTH that we will produce post construction and ramp up.

Regarding you stating that we will only produce about 1205 tons a year and we will never hit the stated 2500 tons a year. MM has stated that we will get to this and above it, so unless you have insider information that no one else is privy to, that is factually inaccurate at the moment. MM has also stated that the T2 circuit has been designed to go to T3.5 with minimal downtime, what is considered minimal, I have no idea, as that information is not available.

Regarding Regua MM has stated that he is looking at producing about 500 tons a year there for starters, which considering the start up cost is between 4-6 million and we currently are tracking on time and under budget fot La Parrilla and considering the fact we are actually producing and selling Tungsten, we should easily be able to get the funds together for this, if however, we don't get the necessary funds together straight away, we still have approximately 5+Million Euros grant from the local government to help us out with this.

Regua if on a similar pricing scale to La Parrilla, should achieve payback within 2 years, if we stay at 500 tons a year, but MM has stated that he wants 1,300 tons a year and that isn't even factoring Tarouca as a satellite mine providing additional ROM for Regua.

I am not including the gold and copper assets here, as they are no where near production and technically I shouldn't have added Tarouca in either, but it COULD potentially feed the Regua tungsten hub, rather than being a standalone mine in its own right at the moment.

The imponderables are literally many, such as supply and demand, price per MTU, efficiencies, etc but what we do know means that alot of us here have a lot of money invested in W whether in terms of our actual portfolio amount in actual monetary terms and yes it could end badly, like Wolfe, but we are all gambling that it won't and only you can decide whether this company is worth you gambling your money or not, because at the end of the day, it is your money and your choice. You pays your money, you takes your chance. Also only gamble what YOU can afford to lose.

I love how I said bloody ages ago, that we needed to expand by buying up other assets and people said, no let's get La Parrilla done and we have enough assets moving forward that we don't need anymore.

So I asked MM about this at the TPI investor meeting and he said that his geologiats were scouting the area for other opportunities and that he'd got some ideas, now all of you are saying let's expand the business and we need more assets. Whether you lot agree with this or not, it is bloody true.

Also I don't get why people keep insinuating that me (In this particular instance) and others are only suggesting was using the grant money on Regua or to get La Parrilla to T3.5 as a way to double the amount of the share price in the short term.

I keep saying this and I will keep saying it, I have a bunch of trading shares that I WILL sell once the share price is over 1.5p a share, but my main holding which is ISA wrapped ISN'T being sold at all. They will be free shares and as such I plan, in time, to collect my dividend from here and overpay my mortgage and get that gone much much sooner than it would be rid off without the dividends from here. I can't have been any clearer on these facts and yet I certainly get the feeling that despite me being ahead of the curve ball with ideas, people are still questioning me on what my plan for the future is with regards to WRES, when in reality I don't and haven't questioned ANYONE else's holding or trading efforts on here or at the TPI meeting.

Is anyone going to this? I won't be able to, as I am going to Vegas on the 1st, so I am definitely out, but if anyone is going from here, can we get some questions up to take to the meeting?

Also people are saying about the grant and what to do with it, surely the best thing to do is us it for Regua, as Regua only has a cost for production of between 4-6 million Euros and the grant covers most of that and get us an extra 500 tons of Tungsten concentrate a year, which means that we would be producing about an extra 5-6 million dollars a year, based off what MM says. Plus additionally it gives up 2 mines for the price of 1, which means that we are generating more revenue in a quicker time to pay off debts or get us a better term rate.

Thoughts anyone?

Bob, I honestly couldn't care less what people take about, the more lighter hearted the better in my opinion. All the talking of nuns and what to grow in gardens and allotments etc is a great way to pass the time but the topic of share price is divisive, some believe that people on here cause it to go up and down and some people believe that others opinions on here are talking it up or down for their own reasons, when in reality NOTHING posted on here matters in the real world.

Like I posted earlier on, the ONLY thing that matters is servicing the debt and getting the plant up and running without too many hiccups and additional costs. Once the plant is working and working as it is supposed to and producing what it is supposed to, sorry to say it, unlike Wolfe managed, we will be haunted by their Boards failure, whether people like that or not, because the market is heavy on sentiment and the sentiment is, if it has happened once, it can again and rightly or wrongly that is true, because until the II's really start buying in, we are a retail share albeit with a vast chunk of shares tied up in the Boards, certain II's and a lot of retail holders hands and with circa 6 Billion (Once the Blackrock shares are issued) shares in issue, it will be easy to have a high turnover of shares and the share price not move too much.

All I would like people to do is be fair to each other, post facts about the business both good and bad and keep the great camaraderie that is present in the group most of the time and was especially evident at the TPI meeting in December.

Yes, you read the subject right. Can we all just stop guessing at the share price! The share price will be whatever it will be and yes we can dream about it and some, including myself have stated that we have a plan to sell some of our shares so that the majority run free for us, but I have said this for over a year now. The one thing that I haven't said is that I see the share price being at this level by this point, because in all honesty, we don't know when or how the share will get there. Yes, we can hope that it gets to this price or that price in the future, but to quote your thoughts on them on a forum that people actually affects the share price is delusional at best and at worst idiotic. The only thing that WILL change the share price is the mine being at full T2 spec, with no issues and the full plant churning out the stipulated tons per year and paying off the debt or giving us the ability to get a better deal on it. It is unlikely that we will see massive price rises this year and I am OK with that, because I have been here a number of years and fully intend to be here for as long as they will allow me to be, hoovering up the dividends and re-investing them here or in other companies. At the end of the day, we all need to point out that we are here and we DO need to keep the board civil and correct, but stick to factual posting rather than speculation and opinion and the share price will take care of its self as and when we get to the point where we are generating substantial income and servicing the debt or expanding Regua to help service the debt.

I spoke to MM about buying assets with the money and he said that he wouldn't waste money buying them off other companies, but they have had a geologist go out and sample bits of stuff and that he had a few ideas about where minerals and elements were and that he was going from there.

Sorry for the delay in posting that, but I have been busy since the meeting, fitting kitchens in my spare time and working the rest of the time.

Christmas hey, who needs a break?!?!?!?

Should I be impressed or hurt that I didn't make this list? Ha ha ha ha ha ha

It depends on the deal, but if say a big miner came in for us, they could buy us outright for a cash deal or probably more likely, offer us either shares in their company and cash or shares in their company.

If we get bought out for cash and shares then you get a bit of all the pies that they are in, which again has pros and cons.

I would just wait to see what happens and go from there, but I wouldn't dwell too long on it, because there is nothing use little PI's can do about it.

What time is anyone else arriving at? I am the scraggy dark haired lad with glasses on, if anyone arrives now.

I am going to ask about recording an audio effort, as my boss has just stated about investing to me and I said I was coming down here and he gone me a short notice leave effort and we are chatting about stuff tomorrow. I was going to record it, so he could hear it all himself or at least try to.

Well that is me on my way to the big smoke. I will get to the big smoke around two ish, so if anyone arrives early and want to go and possibly check out the other club in Mayfair then who am I to say no to that idea. ;)

RichardKaz, trust me I will be asking about CAA/Sao Martin, Regua and Tarouca and whether Regua will become the tungsten hub he was quoted as saying it would be a few years ago and whether it will just Regua and Tarouca or some of the other mines in the area. Also I will be asking about expansion plans, etc!!!!

What difference does a few hundredths of a penny make now? Plus we are up about 54% on the year. In all honesty here, if you are after hundredths or tenths of a penny then you will miss the bagging that will occur once we are running at full pelt, unless of course you are after a quick profit, in which case you are right to moan that you could only be up 54% in a year.

It would be nice to put a few faces to the names and maybe even discuss the questions that we would all like answering. Anyone on here not going and want a few questions asking too?

Not sure if I will be allowed in there, I am not a commissioned officer. Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha. I will have to try and be on my best behaviour, won't I?

I am trying to sort out a few bits and after missing the La Parrilla visit and a few others over the years, I am actually going to try and attend this one.