Member Info for safetyman

L200, sorry to hear your brexit related troubles. Sometimes facts like your facing get in the way of a political agenda. My politics are based on what would be good for me, I long since left the moral high ground. Let’s hope this Brexit . or not, gets sorted so that businesses and people don’t get hurt ( unlikely) . Ultimately, us here play the capitalist game to make money, I think we will here.

Tonkin, when we had the heatwave here they had it longer and more in Spain. I don’t reckon the rushing around was that intense. It is also hot anyway this time of year and they go off to there summer places, that’s the coast for them that can. It ain’t a great time July/August for doings at the best of times. Getting stuff or people can get trickier than usual. Electrical engineering commonly over runs, I expected delays in any case. We need to see what September to get the full monty news package.

Fran as it’s rock and in fact gold is a metal metal, I would go for low entropy, but the gold analysis is so confused it’s behaving with such disorder I might go with high entropy.

So, I reckon it will even put in the end. As will everything.

Is a rocky business imho. However, in all things the second law of thermodynamics applies - it is a valid test of any observation or experiment to see if it’s correct. Part of it says that there is tendency of an isolated system to degenerate into a more disordered state. Sao martini is isolated and appears to have drifted into entropy. However, being a bit practical, I reckon that if you got data and it’s conflicting, yer might have to do something to get more data- so if the religious of the analysis don’t work, then it’s gonna need some holes or trench’s or such to sort out.

Production and Tonlin.

Yep, it’s been getting more circuitous then ever with increasing essays. I am too, not without sin. Any road up, we get reduction figures from Sept on, so whatever we get from now to then is bounce in terms of news. In the meantime Tonkin, enjoy the great world tour. As Kev said, chill.

DH, you mention a rumour on a singular piece of kit in a miner start up. Given most of those interested in Wres are on the bb; who on earth would be discussing such an abstract and random thing over the coffee machine. I think we could both agree that due to lack of news there is no interest outside of those that I describe as the choir. I am genuinely interested to know who discusses a very low profile company that I am invested.
Invested in

Kev, The use of tungsten in solar panels instead of gold is cheaper and more efficient. I can only see increasing need for solar panels. The long term forecasts for tungsten, although showing increasing demand, do not take account of the use in solar panels. It could be really huge.

Arrrh wasp, that 4p to 30p was a sorry miss for you. Better fortune now though as you are in here. IMHO.

The cost of A RNS was said by someone here that it wa 700 quid. Not really sure. However, given the doldrums we would be better to have a news flow rather than isolated bits- that could be happening. People could be on their hols. All you can do is think longer term. Incidentally, tungsten can replace gold for some electrical/electronics due to its properties. So as gold goes up that’s good for gold and we get another demand for tungsten- all longe term. IMHO.

Tungsten is being used in more electrical products ( solar panels etc). Overall there is , over time, growth in world GDP- increasing demand. ... and new uses, from my Farmers Weekly it says ......’Essex farmer Will Streeter has slashed ploughing downtime and cut costs by kitting out his Kverneland ploughs with durable tungsten carbide tips.

His contract farming enterprise near Bishops Stortford is in a blackgrass hotspot, so the plough remains a key part of his cultivations arsenal and he aims to turn a furrow on roughly 600ha of the 2,000ha ground he covers.’

If you buy something produced within the EU there wouldn’t be tariffs and if you bought same thing from elsewhere there would. So I have a theory that we our tungsten has a discounted advantage to our European customers. I could be wrong, but I don’t think so. Then there was me dream the other night of these 7 fat cows and these 7 thin cows. There must be a reason for things changing in price, but in my experience it’s usually a bit up and down with an overall trend. Then there’s circumstances which can change everything in a day ( ask MacMillan). Who is to say. All you can do is plan well and do the best job you can. Given we got the geology right unlike wlfe and the finance incomparably better than ORM, the kit is top drawer etc etc, I suppose we are in a very good position. One day nearer and on the cusp of considerable profit, imho.

I do not attempt to mislead, I post my view . Based on the information we have, and in line with due diligence by Blackrock, Extramadura regional Government and CEO with his condisiderable personal investment they concur.foreseeable impediment to us becoming a major producer sooNot sure if you really put a lot of thought into those words or whether you were just trying to mislead.Tungsten price is variable, but the designed in low open allows for us to produce to cope with that. It can be argued this is not tested with production results. However, you design your processes and equipment as well you can, and we have using the top providers in the world.With regard to Wlfe; ye Gods that argument has long since left the room. Wlfe did not design correctly, they rushed into production (MM was criticised for not doing that!). The ore body was entirely different, they did not have the right equipment and were hiring in extra crushers. Wlfe had lots of local opposition too. They are not a reasonless comparison by any measure- so of course anything you do not plan, design and thoroughly test first is not going to end well.What I post is the truth as I see it: however, I recognise that a knave might try to twist the things I say to make a trap for fools.all imho.

For Regua all we are mostly doing is project managing. The only thing we are really doing is providing the old concentrator, which we wouldn’t be using otherwise and would have been scrap. With the grades there and others doing the work it is a crackerjack low cost investment with as Troajan points out a super low Capex. Even if it went bosoms up ( it won’t imho) we don’t lose much at all. Superb management. It’s just gonna be a money machine, imho.

Reading the last RNSs it seems that we shouldn’t expect more news until at least August for La Parilla. There’s things planned being done through July, so until they are there won’t be much to say. Except it says about us being in the cusp of getting really going as big producer. We have political support locally, regionally and nationally. We are in a the Eoropean jurisdiction and the advantages that brings- we are next to a main highway in Europe, not up mountain in Botswana or Columbia. We have finance with money in the bank. We have highly skilled and experienced technical and management personnel together with now trained local operators. All logistic support is arranged under contract. We have off take agreements. We are have nearly finalised top of the line new equipment. So after all this protracted time, which has caused anguish for some, we are on the cusp of something very successful. Those that take a negative view are entitled to their opinion, however, there is no foreseeable impediment to us becoming a major producer soon. We are unequivocally under priced by some considerable amount. Our market capitalisation is ridiculously low in comparison to our worth, Once producing at T2 levels the SP will rocket if it has not already by then. All imho. I would say other than my opinion on the SP, everything else is a fact.
After all this time it will sound trite ( understandably), but the market is a place for the impatient to give to the patient.

Ere are we playing ‘what’s the correct definition of a word’ game?Like should, or must and stuff. That’s a good game. We could move onto the true meaning of cliches, or the origins of phrases, I am particularly fond of ‘Parthian Shot’ and how it was corrupted into ‘Parting Shot’- same meaning though. Then there’s chimney, which down my parts has got an ‘l’ in it when said, so a sort of not silent ‘l’. We could go back to deconstructing the CEO because of his tie and such. Just loads of stuff to tug at. Anyone could well go and have a good tug.

Troajan, I am just s simple jolly Essex type with cheerful demeanour towards my betters ( which is most everyone really), but are you saying Regua has an extremely and unusually low Capex ( whatever that is )?

Chaser, the perm and the budgie jacket were very unusual for the 21st Century too, imho.

With regards to the ‘choir’ it was me that coined that word in referring to those that know about Wres. So, regardless of your tone, the intentional meaning includes all that have a reasonable knowledge of Wres. So oldskool, DH and others are part of the choir, in respect of the original point of using the word. It was used to illustrate that we need a higher profile with the larger investor/trader community if we are to have higher turn overs and more trades. So you is in the choir.