Member Info for mogwhy

Thanks L200 - have you got a link to an up to date European APT price please?

L200 - seems about right, although I use a 79% factor not 80%.

K3VMC - you need to revisit your tin revenue calculation.
We will not be producing 20 tonnes of tin.
We will be producing 20 tonnes of 52% concentrate.

Drilling and blasting costs are $13/mtu for La Parrilla.

L200 - the price that WRES receives for it's product is certainly not available to shareholders.
APT is not traded on the metal exchanges, so spot prices are not published.
The most recent publicly available European APT trade price that I am aware of is $250/mtu.
I could pay an eyewatering subscription to obtain a more recent price from a traders association, but I'm not bothered by short term fluctuations.

https://bit.ly/2xnvfft

dreamy, hang in there.
The jam tomorrow which was once years away, is now months away.

Anyone know if there's any tin to be had out of Regua ?

And Byron Pirolas' share buying history
May 2009 £160k
Dec 2011 £100k
June 2012 £100k
Nov 2012 £50k
July 2013 £50k
Dec 2013 £50k
July 2014 £100k
Dec 2014 £10k
Jan 2015 £50k
Mar 2015 £50k
June 2015 £160k
Aug 2016 £100k
June 2017 £50k

And for any potential new investors looking in, here is a list
of Michael Mastermans share buys over the last 6 years since the sale of AIO to WRES.
June 2012 £50k
Jan 2013 £100k
July 2013 £50k
May 2014 £180k
Nov 2014 £8k
Jan 2015 £152k
June 2015 £140k
Nov 2015 £75k
Mar 2016 £75k
Aug 2016 £100k
Nov 2016 £100k
Mar 2017 £150k
Jun 2017 £50k
Oct 2017 £100k
July 2018 £24k

Lots to look forward to.
2020 should produce circa $70m in revenue with Regua on line in Q1

Q3 - Concentrator completion
Q3 - Gold JORC update to circa 400,000oz
Q3 - Concentrator commissioned
Q3 - LP plant completion
Q3 - Ramp up to full production
Q3 - Tarouca exploration licence renewal
Q3 - Regua FID
Q3 - Sao Martinho trial mine licence granted
Q3 - Production & sales update
Q3 - WRES announces cash flow positive
Q4 - Transfer of old concentrator to Regua
Q4 - Regua ore mining contract
Q4 - Regua JORC update
Q4 - Regua concentrator commissioned
Q4 - Regua production starts
Q4 - Greenfield acquisition
Q4 - EIA approval for T3.5
Q4 - 5.3m grant paid
Q4 - La Parrilla 200 tonnes per month production achieved
Q4 - Sao Martinho trial mining starts

The authorisation for a share buyback was already in place.
This was resolution 8 at the last AGM.
Unless I've missed something, there's seems to have been no need to wait for the upcoming AGM.

The target opex at full production rate is not $94/mtu, it's $110/mtu.
This can be seen on page 4 of the FID.
A fixed tin credit shouldn't be taken from the opex when it's clearly a variable revenue stream.
Does anyone know if we're actually selling any tin at the moment?

Slightly more interesting video.

https://www.youtube.com/watch?v=QgQvhgrGouA

I've now made it into the top ten ! Sorry Tyrannosaurus.

Marcus Garvie--206,265,841
Charles Scott---161,000,000
dreamingof...---106,500,000
Mr.Happy----------90,000,000
kayakcurl----------54,000,000
NMH19-------------50,000,001
safetyman---------50,000,000
thechaser----------41,000,000
GETINTHERE----36,000,000
mogwhy------------30,058,750
Tyrannosaurus---28,000,000
OldMotherReilly--27,000,000
Idontdoes----------25,400,000
maccas21---------25,000,000
discopablo---------22,225,000
Sammymac-------22,013,000
Scottyboy1---------20,000,000
StukeyBlue--------20,000,000
realtime2-----------19,000,000
Franny1968-------18,250,000
Hartlepoolbob-----18,000,000
Laminsurrey-------18,000,000
Thomos-------------18,000,000
nottsbaggie--------17,000,000
wilburylover--------17,000,000
REDDINGTONR-18,500,000
Suthy----------------15,000,000
jange-----------------14,800,000
gw123---------------13,500,000
SugarRat-----------13,500,000
2cvguy---------------12,000,000
eggchaser----------10,000,000
gmed-----------------10,000,000
cutandpolished61--9,700,000
Wasp_-----------------9,550,000
Ponfeigh---------------9,500,000
TeesidePete----------8,000,000
MBleu357-------------7,000,000
Bigdaz-----------------6,911,000
JTS13------------------6,250,000
ronniethetoff----------6,000,000
stealthtaxvictim------6,000,000
ClimbingWooster---6,000,000
dowdyboy-------------5,000,000
ehreally----------------5,000,000
Tonlin-------------------4,900,000
TrumptonTown-------4,600,000
courtier-----------------4,000,000
soss613----------------3,560,000
Oneliner----------------3,381,779
Dewhurst89---------- 3,000,000
SpeakerJames-------3,000,000
RIFFRAFF46---------2,000,001
Alfiedog-----------------2,000,000
Kalan--------------------2,000,000
turbovb2----------------1,943,792
Bakingmental---------1,872,080
MrsF---------------------1,750,000
Richardkaz------------1,700,000
Jaffaman---------------1,700,000
Kaiser_B---------------1,268,951
Bluebelly---------------1,250,000
PABLOG-----------------930,000
langtro--------------------900,000
sharper2100------------850,000
Troajan-------------------750,000
Soulsister---------------542,758

Total---------------1,379,822,953------22.9%

Exciting new video from La Parrilla !

https://www.youtube.com/watch?v=CpSFJFjdLsI

It's good to see the first official confirmation on page 13, that the mineralisation contains tourmaline.
This is another potential revenue stream that could be worth circa $25/mtu.
Anyone know how they plan to separate it from the ore?
Will it need any capex?

Agree oldie, that's why I've got my own model for forecasting.

Troaj, best to just ignore it, it's just a troll.
Probably RealRealist again.
I should never have replied to it's provocation.

Devil, you are being disingenuous.
I didn't say that interest isn't payable on the first 2 years of the loan.
Which bit of "non call period" do you not understand?