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If all that plays out then it could be a master stroke by MM whose built has mine on a low cycle guaranteeing competitive mining construction and servicing costs whilst ramping up potentially two mines as commodity prices rise.

Has to be expected with the stock pile sale + Trump war. I’d expect the stock pile to get moved from warehouse to another as an investment on future price rises and the Trump trade war is in my view a switch that can be flipped when the time is right, maybe just after infrastructure spending announcement, which usually comes in the run up to an election.

Well in rod, a lot of nervous nellies this morning, it's nice to have routine like put the bins out, walk the dog and then go on the WRES bb to do some bashing.

I’m in no rush so will be there to accept more bounty if more comes my way.

I’ll go for some at 38, happy with that.

Agree much better to start on time, but if that time lag is used effectively to learn more about our resource by using the old concentrator, it may be possible in the long run to get that time delay back and more, by shortening the time taken to full ramp up and reducing ware and tear on new equipment. Also it’s my interpretation that the wlfe kit is being modified to meet our needs and not just being bolted on.

Not interested in the short term Andy, taking the time now to perfect a process that will fully automated will pay dividend (literally) in the future. I like the idea of using old concentrator to improve our understanding, buying kit from wlfe and then moving it to Portugal, now that’s innovative thinking. No surprise he was awarded the full grant for LP. I reckon more local support will come to WRES - very important in the mining game.

Tucked some more away for those winter months. Soon be Christmas!!

A good time buy then, so added another sub 0.40 parcel, new target for me is 30 mil.

Oldy MM has my respect, he's built a mine from scratch on a purse string budget whilst retaining a huge personal financial stake. If any of us, could do better, I doubt we'd have the time to be posting here on this daft bb. If I was half as bearish as some here I'd be long gone, as time is too precious, yet the negative posts continue. This persistence is definitely an unexplained anomaly.

You have to be sensibly patient Oldy, if this game was easy we'd all be zillionaires. My advice would be to answer those questions yourself and make a decision. Also if you believe that another shareholder has doubts and value their opinion, why not just ask the question, as he posted here a few days ago.

I'm so sorry to hear this and enjoyed reading his posts, God Bless Wass and all his loved ones + friends!!

Looks like we're getting a two for one deal by Christmas, hopefully with more BlackRock wonga.

Also the Trial Licence must be close if we're calling it a "Cracking little Gold Mine".

I'm buying that dip, it'll be rude not too.

TP the mining contractor is getting paid to truck the material to design capacity for a fixed fee. They have three trucks now on site, more will come when required.

I think China may have blinked first with the currency stabilisation but then who knows what goes on behind the scenes:

https://www.cnbc.com/2019/08/05/dow-futures-fall-implying-a-200-point-drop-on-tuesday-as-trade-war-fears-batter-wall-street.html

Agree but there's loads of opportunities out there if your spinning loads of plates at the same time and have knowledge of what's cheap and what's taking the p1ss. I'd say WRES aint doing too bad atm when you look at the rest of the market, I'm just staying cautious and adding to wres atm, but have my eye on a few others, just takes time to do the due diligence on stuff I've not been following on a daily basis.

I'm with Kev on the sell theory it's about re balancing, you can easily deduce this by looking at post history. I've done the same myself in the past, as if your out of cash you have to sell stuff that is in good shape to prop up those that got hit.

This is nuts, but Funds in place and happily adding a bit each day, cash is king atm.

I’m on it Tro, it’s about squirrelling them nuts away in readiness for the colder months. It’ll be bootiful!!