Member Info for safetyman

Care what others don’t care about others not caring . So there.

The Hansource holding that they purchased at .30 was always going to get sold at some point and we all knew it, now they are sold. There has been an over hang of warrants at .42 that had to be exercised by June, we all knew about it, now all sorted. There is what seems to be 7-8 week delay on the project, not that unexpected on this sort of enterprise, now we have been informed. The fundamentals remain the same, we all had the information that now causes so much outcry now, but we are still where we were, albeit a delay. Last time I saw anything like this was in the Boris Karloff movies when the peasants get riled up with their pitchforks. Cracking buy imho, would like some production figures, which will be soon I expect.

Troajan link provided to proactive quotes MM as saying: "The project is on budget with tungsten and tin production and sales. The project is set to move to large scale production levels at low cost in the third quarter following construction completion of the new concentrator plant this quarter.“This will allow W Resources to deliver a progressive increase in production in the third and fourth quarters of 2019.”
From that it seems to me we are a couple of months behind expectations as they were back in September last year; which all in all for an engineering/construction/mining malarkey is not unusual. We are in a very good position to make some good revenue at the la parilla site, there is the gold news to come (who knows?) and the grant. The warrants at.42 had to be dealt with in any case and are now out of the way. So it is looking good except the dilutionary expectation by the latest warrants at .6 is negative, then again it shows there is a substantial belief in at least achieving .6 (if not taken up that would be worse). There is also our 5.3 million grant to come. So if we don't get hit with any negative whoppers this really should start flying inmho, however, there does seem to be a trailing negativity. I nice positive lifter would be handy right now.
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Trumpton That last one was an allegory to being unwanted. You are going off piste.

I agree bob, and not much spent on the copper too, so all very good. We do now need to focus on revenue imho. Further dilution, will dare I say, not be embraced- particularly by those that have taken part in placings so far. Our old boss in his castle will shed his mortal coil from apoplexy if a placing occurs. On the positive he jig and mill should be commissioned imminently and the concentrator following not long after ( so it says in the RNS). Once up and running we will get goodly outputs and hence revenue. RNSs on production would be very welcome.

Tungsten for the hard pointy bits on munitions and gold for where everyone wants it. Yep would do us fine. From the RNS the gold news finally by June. If we develop the gold that could cost a bit, so what else or combinations of solutions may be found? It is a wholly owned subsidiary so that leaves options. One dreads a placing, in any form. The Regua land purchase gives a very promising implication. Also our MM has been providing consultation. We need to get revenue rolling in, news on that is now the imperative I would have thought.

In days gone by it was quite often that Wres would bang out a RNS at 10:00 am on Tuesday: such a one was the biggest SP moverever entitked “ we moved the office address up the road a bit” . Funny old world really.

Aarrrrhhh STV, you reminded me of whispering grass.........which reminded me of my youth when me and me best mate Andy used to grow our own: then after a couple of biguns ( seven skinner or such) we would bring out the bubbles, blow some around and then move them by using telekinesis ( not 100% reliable if I am honest), we would then use our powers of telepathy on various people and plant life, particularly trees ( having read Lord of the Rings it seemed best). I learnt much from these exercises, primarily that it’s best to some research before investing time, effort or money into things. Hence, I am now invested in Wres.

Could you find such pleasant discussion An upward SP and some news to look forward to. No unpleasant posters, I wonder why we don’t see them anymore. Perhaps they are caught up in the warmth that an improving financial outlook brings.

Bob thought you was going to just chew the blighter off., its well known Northern leg remedy used by Vikings and such. You will be able to buy a fully automated leg made of tungsten with golden controls in a few months. It is looking so cheap to buy atm, so it’s all leg up profit what you buy now.

Mentioned in the RNS shows, when looked up, it’s nature of business as 99999 Dormant. I have no idea what that means to it’s significance. All explanations to goings on will be gratefully received.

Vernon Bell always used to say “ pain is your friend” . In many senses this is true even in its administration or on receiving it. However, when yer doubled over in agony it can cause doubts about that philosophy.

NMH, I cannot remember the exact where or when’s, but MM said the grant would role in during the early production which can be a critical period. I took it to mean when the full new plant was up and going. Sorry for lack of detail. I distinctly recall him mentioning the 25 employees caveat. So Langtry is correct as far as I know. It’s just that I think there now might also be an increased political imperative to get the grant paid out and ensure the plant is running.

Hbob, Spanish politics is a bit all over the place, at the moment, as I understand it. However, amidst the turmoil the right and far right appear to be gaining ground and the big issue for the people is unemployment and there are elections coming up: so one would imagine those that show they are job creators will do well. I take the view that there is an advantage to a politician that takes credit for creating employment. Their budget situation is perilous but does not appear to be so much of a domestic concern. All of that can affect the grant payment- politicians can be perfidious and are not shy in wanting to take credit. La parilla will be a substantial flag to wave in the area, and the local politicians have already nailed their colours to our mast.

Hbob, once the production starts taking off that will mean more employees at work, demonstrably increased revenue and confidence by the regional government. In turn, I would have thought the 5 million grant money will be released. So any RNS along the lines you allude to could well be followed by even more good news.

Ticks bullying is bullying. It can be disguised in various forms but it is what it is. Asserting yourself above others and saying how you are going to teach them a lesson and calling them ‘ nonce, thicko, sucker, oap, Iberian homosexual ( in the context of the way you used the term) I hope to go to the next AGM, As you have such an avid interest in this company I trust you will be there. That would enable us to discuss this in a more robust way, Incidentally, I am in my sixties a little bit frail and I use sticks to help me walk, so I am not referring to any kind of physical disagreement.

I find that if I use my iPad, when reporting I get options of explaining why on a drop down and a bit to write that was useful.also Kenny’s post with the link which explained paid trolls was very enlightening. I certainly hope that admin follows its own rule 4 and also takes note of the IP address.

Spot on. There is a clear stated intention to disrupt this board, by utrick and also boasts by him/her of how the same had been done on the Lloyds bb. I note gmed who is a paid premium member will cease to use this bb because of this disruption. It is now getting to the stage where posters will cease to use the bb, absurd. The individual is clearly abusive by nature and is enacting online bullying, I would ask the question; are online providers supposed to regulate online bullying? I am not referring to any other posters than trick.

Once the concentrator is commissioned and up and running we should be able to produce an income of 3 million a month ( the kit has the capacity for that, the resource is there and the ATP price is commensurate). In addition, we have resource at Regua to come on line once the existing concentrator is moved across. There is confirmation coming on the gold resource at Sao Martinho, also copper. There are also other areas being looked at. There is a 5 million grant already waiting to be allocated, once we have got up and running at la perilla. I have met the team at the site and they are very professional, some of whom have worked with Michael Masterman when he developed Fortesque into a billion dollar company, they have high regard for him.The local mine manager is very competent and has a full understanding of the geology at the site havin worked there for Rtz- he is responsible for pushing for the drilling that identified a lot more resource. I am very confident of a positive news flow from here forward. I do not know what the placing money was for, but I suspect it’s about developing other sites or existing resource.

You mention staying on subject. Perhaps at least a passing reference to Wres might help if you are trying to justify a case for argument that you put forward. The tone of your posts do seem to be provocative and somewhat self focused in my opinion. I am unashamedly of a positive view to Wres becoming successful. It seems you are not so convinced, so perhaps putting forward your reasoning on that would be a less controversial approach and allow reasoned conversation and argument.