Member Info for L200

I don't think you need to be a detective to work it out.
As Troajan has already pointed out, some investers will have turned to cash, and we already know a few large holders have sold up and bought into other shares.
But Fanny you keep holding and one of those days you will get your money back.

It could be another of the guys that used to ramp Wres, that have now sold up.
You would think that after ramping this for years the least you would expect would be a heads up when they sold up.
Not nice !

" Mms have no stock down here"
That was just yesterday you posted that !
You still think that is the case ?
Don't answer.

Re the Gov loans, I can only account for myself.
I applied the middle of last week, and received the money into my bank account on Sunday.
Very efficient, in saying that it was all through my own Bank but the Gov are bearing the interest and setting up costs

I like a good few others( going by the lack of posts ) have sold out, there are too many issues which are going against Wres at the moment for them to make any profit.
Production , Covid 19, High level of debt and rising, and now to cap it all, the Tungsten price has fallen substantialy.
It is unsurprising we don't longer see any posts , "Ebitda 30-40 m , £3m coming in every month, and the worst one, expecting dividends in 2020"

Dreamy,
I believe the odds are,
80 -20 in favour of a drop in the price today, gone from 2 v 2 to 1 v 3, with 2 sells and a small buy.
70-30 in favour of a drop in the price when the results are announced, they wont be pleasant reading.
60-40 in favour of taking the new money on offer.

I think Q4 production was not shipped until Q1

But that is exactly my point, the 21 tons was produced in Q4 but sold in Q1, so in the figures they have added the 2 quarters together .
So it looks like we have produced a higher figure than we actually have.

I don't see your logic that we cant have only produced 33 Tons this quarter,as we have shipped out 48.8 Tons this year ?
33Tons for Q1 and 21Tons for Q 4 is more than enough for the shipment.

Yes Shipped, but I am only asking about production, big difference.

I apologise if I am being stupid but we get paid for every MTU of Tungsten, the only figure I see for Mtu produced is the 33 tons.
And the 33tons is the headline figure of production in the last Rns.
I don't think we get paid $240( less 20%) on the 58.9 ton figure.

Simple question , how many tons of Tungsten did we produce in Q1 that we will get paid for ?

This is what I mean , you were quoting the dry metric tons figure, so it is not very clear.

This is what you posted on the 17th
"If you look at the production table it shows you the following.
Tungsten concentrate Q4 21.4 tons, Q1 58.9 tons"
Now what is the true figure ?

I was always taking the production of Tungsten was around the 33t after the Rns on the 17th.
I seem to recall you came up with a different figure ?

Agreed about the numbers, they are all over the place.

" if they draw down on this new credit facility "
I think that will be a given.
Why set it up if they are not going to use it ?

I refer to one of the more knowledgeable posters that used to post here.

Or as you did and took some profit.

I totally agree Troajan, as Getinthere has just posted, nothing much is going to happen here for a few months.