Member Info for safetyman

L200, the mental image of milking bulls seems to be a deeply unpleasant activity to a townie like me. You have my sympathy.

looking at the RNS from today and 26 Nov. We will have shipped 100 tonnes of tungsten and at least 20 tonnes of tin- that’s from how I read it. There could well be more tin, given the ratios I would expect more to be the case. If there is statement so have misread, I stand to be corrected, it’s tricky doing this on a little phone.

Is currently at $20040, Bloomberg. I think that’s good news too. It also appears to be on an upward trend imho, which is also good news for anyone producing tin.

dreaming of, I hope you're not complaining about 'over communication'. LOL. Anyway, they didnt need to say it, so my theory is that there is more good news in the pipeline. I must say I had some trepidation when I saw a RNS was up, just before chrimbo can often be a bad sign- So actually very pleasing to see a positive.

L200, that last comment was a bit provocative, and unnecessary. Previously, you have avoided personal jibes.
Are you still invested? Or have you bought in again? Certainly looks like a good time imho.

Higher

Metal production at a time of increasing metal prices. You wouldn’t want to be out of this over the long weekend. Just saying.

The pound is getting some stick. Evidently, there are those that think a no deal may not be a good thing. Well there’s all sorts of views. Personally, I think it’s good that we control our cod and chips completely within three years instead of eight. It may well have a negative effect on industry, finance, farming and finance, but we can all get jobs in the tourist industry- the U.K. will be right cheap place to visit. In the meantime it’s good to mace a company in the EU producing much needed tungsten.

Troajan. Your links look pretty good. The commodities upturn is no doubt a good thing and then Bloomberg stuff on buying in on UK equities is very promising. If we get good production figures for Wres coming out in Jan, the world may well be our lobster.
As for any derogatory and ageist comments by some on the bb, I do find it offensive. If we ever get back to normal living those who feel it’s important to raise it as an issue on discussion about a company could perhaps turn up at the next AGM and we could open up a dialogue on its relevance.

Suburban lol

Tonlin, I think it’s fair to say some governments have handled Covid better than ours. Personally, I do work with schools, in my view they should have shut them two weeks ago- I know of staff going into hospital and icu. It’s bad. As for MM, he has done comparatively well when compared to other western tungsten mines. We are still rolling and last we heard increasing production.
Hope you’re keeping well. I would have imagined that you’re fairly isolated being off to the side and out of the way in lowie. Not good in my parts, we have the highest rates anywhere, that’s surberban living for yer.

Franny, I agree mate.in the strange world we find ourselves The Covid 19 pandemic may well turn out to be a blessing in that lessons may ( may is stressed here) have been learned before something even worse come along.
As for politicians, nothing new to see.... a poem ‘The Statesman’ by Rudyard Kipling
I could not dig; I dared not rob:
Therefore I lied to please the mob.
Now all my lies are proved untrue
And I must face the men I slew.
What tale shall serve me here among
Mine angry and defrauded young?

It’s very up and down imho.

Originally I was 17 % up when it was caspian then I was 25 % down then 49% up then I sold some and got done Lloyd’s which went up down by abput 17%. Then we became Wres, and I bought some and was a good bit down then up, then I bought some other stuff that went by 150% , but Wres went down, so I bought some more than they went up and I sold some and then I Bought some later on and I had done other shares, but I have never lost more than £200 K in one week - that hurt, then I made that back over time with various things, bought some more Wres, have had to sell a few Wres. Right now I am shed loads down on Wres, but seems like a cheap SP to buy in now,wish I was. And o don’t get to use my cars at the moment so I will have to sell one of them and that’s probably 1% of my total wealth, but originally on the market I started with £800, I have had some ups and downs. Lots of roller coasters imho. I think the fates are now turning things in favour for Wres. I might well get me shed load back and have a fair bit over.

As I understand things wd produce tungsten concentrate, if our product is 66% pure ( it is ) then we get the APT price for each mtu; the caveat on that though is because we have an off take agreement we get 80% of the price. So if we produce an mtu of concentrate we receive 80% of the price of an mtu of apt. There 100 mtu s in a metric tonne.

Pablo is a pretty astute business man from nearby Salamanca. That’s a view I took when meeting him. aFrom what I understand his family have been involved in businesses in the area for some time. That’s a fact. From a commercial view, I think that it’s a jolly good thing to have knowledgable people with old money in the locale committed both financially and also in management on the enterprise.
That is just a view of course.

The commodities super cycle that we are told of affecting metal prices.
My view is that they will go up. As we are in metal production I think it a jolly good thing.

You wouldn’t want to be out of this over the weekend.

Going underground, you have included me as taking part in an argument I have not had any part of. So fairly sure to include mentioning me in that would be inaccurate.
Just putting stuff up for the sake of it imho. Round you go, round and round.
As I am commercially aware I am going to pop to Sainsbury’s- they got a sale on at the moment.

It would not be appropriate to trawl back through my posts to find me providing immaculate figures, because I have not done so.
If I have quoted a figure it is a quote from ra report or RNS. If it’s down to predictions, yep, I have been off. Then again so are most people. I have never put factual figures up that were based on anything other than reported or predicted from official reports etc.
Now we might
Be hearing about the gold this year, perhaps a joint enterprise as alluded to by our CEO. If we get gold coming on stream as well that would be crackerjack imho.