Member Info for safetyman

There is no finer company than that of a Labrador. There is a send e of unshakeable loneliness in my house without our old fellas shambling about.

Shhhhhhhhheeeeeeeeeeeeeewwwwwwwwwww................whhhhhhhooooooooooooooooooooshhhhhh.

I think it a good idea to have some new photos, Would be a clear indication of open communication . imho.

overall l its everything we knew already, a dogs breakfast of production in q4 due to rain, and it's taken longer over the year to get to be able to produce at higher levels, well that's behind us. we will now be in a position to increase production.
But! the news thats in the report for me is the update on Portugal; if Regua gets going that's even higher grade ore than that which we can start accessing at la parilla this quarter- so quite possibly big change with that. also the option on the gold mining starting at sao martinho will open doors to revenue, however its done; the report said:
Status of Portuguese Mining and Exploration Licences
Unfortunately, granting of all new licences and extensions has been delayed due to changes that have to be made to Portuguese mining law combined with the challenges Portugal endured in 2020 with the COVID-19 crisis and associated state of emergency. Management is, however, confident that, given the encouraging exploration results, and given that no other company has applied for the permits in these areas, combined with strong support from respective local authorities, these licences will be granted. The Company has received assurances to this effect.

the game's afoot.

if positive news were to continue over the next period, things could change considerably for the better eg we were told access to higher grade ore in third quarter, it is now third quarter.

gmed,it truly is remarkable prescience .

smidgens

Git, yep, that’s my understanding. A creditable endorsement by the CEO. Emphatic and unambiguous.
Trojan, your view makes sense to me.

If it’s the case that MM has bought at placing as he said he was going to then to say he did not, would be false information. I cannot recall him not taking up stated placing s for Wres.

When did MM say he was buying at a placing and then did not?

Bridge, the warrants for the increased loan were for .36 prior to consolidation, so 36p on today’s prices. So I think it’s based on the amount of PIK at the time and for an agreed amount. If we go 36p by the end of the day and BR exercise some warrants, I would be cool with that.

Of blue. Now if that can continue it would be nice.

lovely morning today. I expect the final year report wont be startlingly good. Looking forward metal prices still rising and if we can get our metals out of the ground all well and good. We were told to expect stepped increases in production through Q3 so that would be good if they do that . Given the plant utilisation at 85% and 5 day working moving to 7 day for Q4 and increasing access to higher grade ore, seems to be a reasonable expectation.
In the short term if we get notified of increased production that would help the SP, i think it needs some help at the moment, and given MM's recent big investment on top of his existing holdings, I think its reasonable to assume he would like the same- as would the BOD- and investors- and recent indulgers of the placing.
This quarter should see the flooding overcome and permanent measures put in place to prevent recurrence.

'next' - I believe was intended .

Get herself another newspaper mate. My dad had to cancel it as it kept getting him steamed up and affected his blood pressure amongst other things. The telegraph has gone a bit wonkey ( used to be a favourite of mine), so if I am getting oneI go the Times. If you spend a tenner in Waitrose you can get one for free if you have the card thingy. Pick up three Aberdeen sirloins for a tenner on the buy three for 10 quid deal, lovely dinner.
If you want a nice red, their Nanny Goat is nice, bit pricey, but get yer free newspaper it don’t seem so bad.

Kev, many applications and uses for solar, not only including as a replacement for gold. If some folks could get the production going on these systems demand would be huge. It’s about how long it takes from r&d to production. Given the worlds needs for clean power that might not be too long. Here are a couple of other solar panel uses for tungsten.
http://blogs.hoc.edu/vanheuvelen/the-elements/tungsten-the-future-of-solar-power-by-maddi-hartley/
https://www.sciencedirect.com/science/article/abs/pii/S092702481830535X

So, I will take that as a probable no from you.

omr, that's good, but they been trying to fire up the fusion power thing since prior to Methuselah's birth. World saver if they get it going.
More broafly, they are finding lots of applications for tungsten because of its unique physical properties that relate to application with electrical and electronic innovation. So looks good on lots of fronts going forward. increasing demand is no bad thing.

probably GUG buying.