Member Info for safetyman

The fact our chairman has put his money in, is the reason I have put my money in too. For the most part I have tried to maintain a proportional parity with his investment- and have been doing so for a long time. Them that knows what they know, know what they know. Whereas I just watch them. I am happy with that philosophy and this investment at this time.

And the other side of the other side, how many directors put so much skin in the game. So much so, that at one point there were negative postings that the chairman had too much of the company.

Fair do s , however, if there is something like a million oz of gold to be announced- that’s not in the public domain. Just saying.

We use furlongs for turf stuff in Essex. There is always the Nordic ‘Herring’ unit. However, by any measure investment by Chairman is a true measurement. If there’s a director deal is there a time span of a couple of weeks before a big boys RNS.

Kev, are they mouse lorries?

Mogwhy, the labour costs are minimal for processing. MM said with the MCC the whole thing is highly automated. One person can control many things. That’s why calibration and tuning is so important, but once up and running we will have very high efficiency, effective production, profit, environmentally friendly, economic processes producing high quality ATP an minimal cost imho ( you never know if an algorithm is tuned in).

Positive comments do matter to the algorithms. So if you are invested the advice on postings is self evident. Positive waves people, even attraction at a quantum level.

Blimey, I was racing this bit on the Burford debacle in the Torygraph and evidently; programmes scan social media looking for phrases that can trigger positive or negative sentiment, then it tells other systems to trigger trades or whatever. So I suppose this is social media, it all matters. Hence, I think this is very good buy with strong fundamentals, money in the bank, profitable and an excellent investment imho.

Delayed Tariff, perhaps talks with them Chinese coming up , all good. Metals moving up. Long may it continue.

The Chinese are dumping metals onto the market it seems to me; it was the 30K ton of tungsten the other week and they just banged out a huge amount of stainless steel at below cost price. They is playing them games, but they cant keep that up for ever. I think tungsten price will rise more once the overhang of the the big lump goes.
With regard to tractors etc I am pretty sure someone did post an article from Farmers Weekly about use of tungsten in farming equipment, it’s getting to be an important metal for them. I read about ferobide which is an alloy using tungsten that is very effective and hard, but not brittle. Long may the the uses of tungsten be increased.
With respect to British goods I whole heartedly agree we should produce more. However, I think we need more Spanish tungsten used as a priority. Looking good for us at imho. Oh did I mention the gold price?

L200 that was from Bloomberg last night, evidently it’s a sector and it was 4,5% down. There’s never been a better time to get a good deal on a new tractor.

Loads of things going down, yesterday even soya, corn and agricultural machinery too; so no one even wants to eat. Yet despite this and the loses on SPs all over the shop, Wres is clearly a safe haven. It’s even rising. Top stuff imho.

It is the case that the price of most things relies on perceived value. It seems everything is perceived as not being that valued. Today the currencies are trying to get under each other and interest rates get negative, not much ammo for the central banks to use. Mind you gold continues upward, imagine the perceived value of a gold mine......... if you had one.......and yer had a good announcement there could be worse times to do it. Just saying.

Logic is good for somethings. Philosophical musings delve into all sorts of things. Then there’s reality, if it exists, or our perception of it. What’s real is so because we think it is, or do we think because we exist? God exists to those that believe. I am therefore, I must exist. Money has value to those that believe in it. A share is essentially only worth something, at the end of the day, if there are those that believe it to be. What’s real for one, is as real as another thing to someone else. At the moment my value of our market cap is much more than the general perception out there on ‘the market’. In the meantime we are getting things connected as Kev points out. Once we get producing we will be in the position of more people believing and then the reality of our wealth will increase. A sort of ‘American Gods’ thing. In essence we are currently very underpriced. IMHO of course.

I whole heartedly agree Kev. Fortunately, looks like we are going to make enough to not have to worry. Furthermore, like the capitalist swine we are, we may well find opportunities for ourselves in whatever the outcome. More solar power will require more tungsten, troubled times increasing gold, cash devalues and commodities rise.

Jaf, taking the moral high ground is all very well. However, as we are discussing the outcome of the machinations of politicians there is, in fact, very little worthy of investing principles in.
Personally, I try to take a rational view and hopefully achieve an objective truth. I believe that to be a deal or remain is a better outcome for me personally. The UK’s political system is awash with Russian dirty money, just as a starter ( Bill Browder should be read or at least listened to by more people).
I just do not think self harm is a worthy cause, much better for outcomes that benefit me. Patriotism is the last refuge of a scoundrel (Johnson) and that was used as argument in the debate. Both sides got scurrilous, to be honest I sat on the fence. I have a different view now.

I also think the EU project is doomed to failure in the end. It will never get to reach its full unification aims, too much popularism and right wing ( Italy) movement. So, I cannot see the point in self harm before that happens. In the meantime I see little value in sovereignty, nationalism or anything else politically related. Mangos Carta was a self interest document for the nobility, it did nothing for the common man, I am very common indeed. I want flexibility for me, eg. Go live in Portugal for a year and transfer money to me kids without tax. My daughter to continue her better life in Spain.
Also food, if we open the door to cheap foreign meat and our exports to our protected markets are taken away that’s up to 80% tariffs, it will end a lot of farms. If we must leave we need a deal. I am solely interested in how things can effect me. I don’t have a political agenda, I want my life style to improve and also make enough money to retire nicely, I just think leaving no deal will harm that.

Oldskool, you are correct that there are many things wrong with the EU and that there is a global problem with economies and markets.
However, over 200 companies have moved to Holland and the large chemical boys are saying they will upsticks and go there if it’s no deal ( that will take 100,000 jobs).
According to today’s Telegraph; FTse shares are at their biggest discount to global perers in a decade and investors are shunning the UK market indiscriminately. Etc
No doubt the other EU members will suffer with a no deal, but that ain’t going to make our lot better.
In the short term it will add to the word suffered as part of global problems.
We could take the view that we are putting ‘Great’ back into Great Britain- buy that only ever came about because the romans called us greater Briton ( bigger tribe area).
When it comes to us as a trading success, that was due to our empire with captive markets, getting the Chinese all smoking opium, and slavery with a tobacco industry.
So we can rely on the ‘great British worker’ rising to the challenge, good luck with that ( if they do sign off the dole).
All in all I think we are probably shagged in any case, but brexit will make it worse imho. So I am for increased economic growth, which requires tungsten. An economic shock and further decline is not good for anyone and for my investments.

At la Parilla the process on the old concentrator had the slurry from the spirals go to the shaking tables. My guess is the tailings has the larger of the small
Particles already part removed so required less work through spirals. As the stuff coming out of the jig will be a bit bigger it would need more doings through the helter smelter spirals. I stand to be corrected by them with ologies and such.

L200, to be fair STV had already calculated that as being the final my price sometime ago. MM was asked about the exact price, but could not say because of contractual arrangements. Still looks very good using the figures we have to extrapolate.