Member Info for oldskool

GIT, that is an urban myth re the otter and cormorants. K3 pike is about the only one i would eat from the uk fresh waters (other than the obvious trout and salmon). Illegal to take pike, well it use to be. GIT? Eastern Europeans have hammered some waterways. Ahhh, American crawfish are nice to eat.

Hbob. The Oldie household have a tea cosy. Hand knitted by Oldie's mother-in-law. I also warm the pot first, and ONLY use good quality tea leaves with a strainer I purchased on a trip to the Russian border with Estonia. I need to get out more.

Hbob. The allotment must be weed free, fully fertilised and warming ready for sowing. Missed ya.

GIT...;-)

Troajan. I cannot recall saying I wasn't interested in figures etc. Wow, i shouldnt invest if numbers meant nothing. They will be relevant once we are doing just that, but we aren't yet. Started yes. The beginning. I did, however, say that I don't get bogged down in other peoples numbers. I am happy for someone to tell me exactly how much we have sold, for what price and over what period of time. Exact please. MM didnt seem to know, so I am confident no one on here does either. The risk reward here is good. Risks are kit not working, geologists have fo£ked up, tungsten prices fall, unforeseen licence issues. Tungsten prices are the biggie for me and MM is certainly not as upbeat as he was last year. The prices of Tungsten are certainly not as high as many predicted. Perhaps India and Pakistan will give the price a nudge in a favourable direction. Forecasting is a mugs game. Troajan, you talk about people looking in and viewing the numbers. Yes, of course. They can also look at WLFEs numbers as predicted. People are nervous because of WLFE. You will also see that the volumes are low and have been for a while so not many looking in...yet. i have already said that I think we should start to head north now. Hopefully that much delayed pre production buying (you point that out) will arrive, starting this week. I plan to be all out of the market by year end. We shall see, come on WRES. Fancy getting back into housing...The signs are already there peeps. Keep your eyes on the big builders. Forecasting is for mugs ha.

Moggie. No, people are stabbing a numbers. It is all unknown. I have mentioned no numbers and never have done. I was right to do so. We are where we are. We have no known numbers, sorry, known to us other than that that has been RNS'ed. I know I bought large amounts of BDEV shares in 2008/2009 and TW. shares....nice. Rinsed them again a few years later. Also lost a few quid on BHR and some duff nickel place in SA (INF was the ticker or something similar). I don't get bogged down in other peoples numbers, only my numbers. I dont do charts either...Troajan, that wedge never came off did it. Well not yet.

NMH. WTF are you talking about? I haven't mentioned anything about guarantees nor am I making a point. I have done pretty well from investing thank you. I retired before I was 40. I still work because I choose too, it totally changes your mindset. This is just for fun. Perhaps if you had taken my LION tip (it did 500%), MTR (50%) and INFA (300%) then you too may be retired. Good luck to you too.

He also said 'No more placings', FID on Regua and gold JORC all due last year. Cu drilling results? Are you telling me that as a business person you would willing pay market price (or thereabouts) for a product that may not meet spec ,may not be in the amounts required, may not arrive due to delays (we have already had some), from an unproven supplier and not expect an initially favourable rate? Add to all that...and you use the word...projected. MM may say that 're 80%, but....see above. You will also note that he didn't say when and to whom and from what point in production. Vague. You have assumed (wrongly I think) that his 80% figure means now. I think he means when we have proven ourselves and selling regularly in a tight market. At the minute the buyer and the market has us by the short and curlies, and any buyer would be nuts to not use that to their advantage.

L200...again MM said. MM says a lot.

Maggie....bottom line is...we don't know. Do you know how much we are being paid? No, me either. Pointless trying to work it out. We can, once we have a regular run of figures on an RNS or we can scrutinise the figures end of year. If MM is vague, and he was/is then how can we be anything but. The figures you give are reasonable, but have little relevance at this point of the project. Projections only. Doesn't include any initial discount. I am certain there will be as I would demand it If I was the buyer, and the first regular customer who is happy to be dicked around a little bit. Call it an introductory offer. Other than that...finger in the air job.

Oh, L200, I have no idea where you have this 150 from.

L200. No i cannot, and i will not. I no longer believe anything MM says unless it is an RNS. I do still like to listen to him. There could be many reasons, and all of them inaccurate. I could list the reasons if you wish but it will achieve nowt. Much like how much value will the gold add....it could be anywhere from 0.00p to 0.50p. Wet finger in the air job. MM is a PR disaster. If he was a celeb he would have been whisked away on many occasions. However, this SP is unbelievable. I believe in the fundamentals of WRES, not so much the Captain. Having said that he looks set (long term) to build WRES to a good quality mid tier miner. Followed by a buy out. Come on Bob, that ban must almost be over now.

L200. The grade has sweet FA to do with it. If WRES sells 1kg of Tungsten it sells 1kg of Tungsten. The grade side of it affects how much dirt you have to process to get that 1kg. Better grades means less dirt and more good stuff. However, 1kg of feathers weighs the same as 1kg of hardcore. More dirt means more costs for less product so this does affect profitability. This is why WLFE have, in my opinion, halted our SP. Profitability. Can our set up turn out tungsten at the costs given? WLFE showed that the costings can go horribly wrong/be way off the mark. We are NOT the same as WLFE, far from it.

I think (oh no, there I go again...I can hear the sirens coming) there would have been no broadcastable footage obtained.

STV are you allowed to say 'men' in sheds. I think using the term male and female is an arrestable offence now. I think the correct term would be 'a gender fluid person that remains psychologically neutral, and therefore does not identifying with either the X or Y chromosome'. Actually, the fact I have thought this through, and used the word think, means that I may now have committed an arrestable offence.

Just watched it. Nowt new, but there wouldn't be. Good to see MM looking relaxed. Was anyone else transfixed by the minute hand moving in the background? Did anyone else try counting the red buses? I am going to say 'steady weekly gains from here on in now'.

That is the reason I have stayed long (sh#t timing Oldie). This could easily become a mid tier miner, ten bag min. Sadly, due to WLFE, we now have to wait for the production numbers. Once we have the grant in the bank then that is the big 'hello and welcome' from local government and national government. Their next comment will be 'is there anything else we can do for you sir whilst you are here'. It is all about the dirt and how much dirt.

Gmed. He wouldn't know. He shouldn't know! The only way he would know is if a placing was coming.

Nice one. A million ozs of glod...yep I think so and a tad more.

....RNS. Maybe later, maybe not! Just more PR that does FA for the SP other than send it red. Stay strong, stay long. I may even buy some more today.