Member Info for safetyman

Recently with the pictures of the sound progress at la Parilla posted by Aaron on the Twitter feed for Wres. Most impressive to see the work on the installation going so well.

Porttus.Thanks for that post. It reaffirms some of the points I have tried to put forward. It also reminds me that my understanding is that we will get the full spot price at the time of each sale.

As I stated earlier with regard to the need for further placings . I should like to reiterate that. Our chairman Michael Masterman clearly stated categorically and repeatedly following questions at the AGM that there is no intention to have further placings. Given MM is by far the largest shareholder in the company he is the one that suffers most from dilution. We have been more recently told that we are under budget and on schedule. We have a surplus of cash to use from the loan provided by Blackrock. Given this false concept of further placings has been discussed several times previously, but repeatedly gets proposed on the BB is clearly a tool to mislead or at least be vexatious. As there seems to silly persistence in this, I would like to point out that the indications that there will not be placings required cannot be substantiated as fact simply because it is not de rigour to release an RNS to say ‘ no placings today’. However, a reasonable human being could research, refer and take some measure of confidence from posters that attend the AGM, visit the site and discuss with the management team. Clearly a strong buy inmho, in fact I have bought quite a few. I have also met other serious experienced investors both British and Spanish that have invested. Also so has an Australian I met.

Should never be taken too seriously imho.

Before eeeee. Imho.

Dilution. Our chairman Michael Masterman clearly stated categorically and repeatedly following questions at the AGM that there is no intention to have further placings. Given MM is by far the largest shareholder in the company he is the one that suffers most from dilution. We have been more recently told that we are under budget and on schedule. We have a surplus of cash to use from the loan provided by Blackrock. Given this false concept of further placings has been discussed several times previously, but repeatedly gets proposed on the BB is clearly a tool to mislead or at least be vexatious. As there seems to silly persistence in this, I would like to point out that the indications that there will not be placings required cannot be substantiated as fact simply because it is not de rigour to release an RNS to say ‘ no placings today’. However, a reasonable human being could research, refer and take some measure of confidence from posters that attend the AGM, visit the site and discuss with the management team. Clearly a strong buy inmho, in fact I have bought quite a few. I have also met other serious experienced investors both British and Spanish that have invested. Also so has an Australian I met.

Just an extract from the Wres website ......,,,,importantly, the predicted supply shortages are expected to result in upwards trending prices with market forecasts of between US$445/mtu and US$530/mtu by 2023......... well on those figures that will produce considerable income once T3 is up and running. Add to that tin, then the copper, then the gold, the company will be valued at goodness knows how much more. Such a strong buy in my opinion.

Kev, I would agree with your comments to Bobtree; Your view that ‘they keep processing the tailings, for training purposes, plus using the spoil for concreting, while the new plant is commissioned.’ Is in keeping with what I was told whilst on our visit to la parilla. Your forward thinking view on this that they get the new plant up and running with the old concentrator, then commission the new concentrator, get that working, then send the old concentrator to Regis. .... again is in line with my understanding. Also that they usethe available kit at Régua with the old LP concentrator. Is again my understanding. However, I do not agree with comment ‘Maybe next year, after production, produce the FID.’ in my opinion that will be sooner without a maybe. :-))))))))

Is the old kit

Wassatt: when we went on the visit they were bagging up stuff they were processing using the old kit. The new kit is going on and that will be moved down to Regua. So not full production in terms of the full design spec when everything is installed. But stuff being bagged up all the same.

There is some production going on at the moment.

Seller. He died of apoplexy after the SP didn’t drop away.

Bob. Didn’t you plant some kayak curl in yer allotment.? Are your vegetables now sentient? That’s some fine horticulture yer banging out if so.

Golf pro. Lot of turmoil at the moment. Timing is always important. The SP has held up despite the considerable selling that took place, and I think a tab will have yet to be picked up for that somewhere that will see considerable buying. If that happens and good news gets stuck in, well indeed........it may well result in the start of career changes- I will become a wanderer for instance.

Kev, I fear for you. You have crossed a number of red lines. You cannot reference those figures from a RNS, good God man they are not mentioned in an official and extremely detailed report. Yet there you are just offering an opinion. Be it on your own head,

Kev, good you’re feeling better. Got to ask though did you get inside info on the third Fatima prophecy, and did it involve tungsten and such?

Fernandinho said he will be using a drone to preselect ore going into the system. With should give higher efficiency on production than would be the case if they just generally shoved in at the levels indicated by the JORCs. We could a treble up on that. I take it that is what you allude to. You’re canny cryptic Northerner.

Referenced to nudging up and bumping along the bottom are hate crimes. Reported.

Job nobs .....hob nobs.......hahaha.):):),

And also political correctness. My little boy is a teacher. Today he sat through a presentation, he explained its content to me; evidently when it comes to sexuality, last I heard designations other than heterosexual were LBGT, well that’s become LBGTQ ( the Q being a self naming irony thing for ‘queer’). It is now LBGTQ+, the plus standing for the 11 other forms of sexuality ( who would have known) . I think it should be 13 cos that would include Bob’ nun thing as the twelfth and he also has a variation on that involving job nobs making it 13. The country has now been completely been taken over by the fruits, and its a hate crime to contest this. I am thinking of moving to Spain or such.