Member Info for safetyman

As for proven? When and buy whom? Just saying things for the sake of them. Quite rude too imh.
Incidentally, been reading about tin, could be a high high demand metal for eltricsl applications in our new world. We produce tin at la Parilla. Crackerjack imho.

As, with regards to any figures I have put out, I don’t recall them being incorrect, as for countless times, well that would be ever so such a lot. Countless is not actually a number anyway.
Round and round and round you go.
In the meantime, experts are saying we are in an upward trend on a commodities super cycle. Metals are upward trending, we are told we are producing more and more each month. The SP is low. In fact there are warrants at .42 for next year, and we are at .12. Crackerjack buying opportunity in my view. There you go, off you pop round and round and round. Have a chew.

Audi Andy, I think I have explained and am prepared to ad infinitum, but then again and again and again. Pointless nonsense from you. Imho.

Audi Andy, I think I have explained overly, overly and will continue to do so ad infinitum that costs would have to be subtracted from revenue. I also have explained that the relationship between costs, production, revenue, and profit are self evident to most people in the world. With regard to fixed costs, the more produced and the more revenue through the magic of economies of scale. Increasing prices will also increase revenue. Conversely, without revenue there is no chance of profit at all. I think I understand quite a few things actually. Now you can come back with a loaf of old twat playing with words if you want, but O am certain in my view.
Why don’t we discuss the tailings? That used to be a round and round chestnut.

GIT. From what you say it seems that you think increasing revenue may well be related to us being in profit. My view is that your take on the matter is correct.
I am doing the conversation game thing, it’s quite easy really. Now you have to come back and say what I have said to you.

Ponfers, indeed that was a months take home, long time since.

GIt, I agree but getting a slow cooker for £12.99 is as clear an indication of future prosperity in the tungsten mining area as I have seen in a long time. Patience.

Further good news. I got a slow cooker on Lidl for 12.99, there’s no end to the good news...... the sp is rising. Well I really am feeling quite cheery indeed.

Still, tin continues to rise. As do lots of metals recently. I wonder if the tungsten is rising too.
Mmmmm whatever else, I suppose this must be good news for anyone producing tin and tungsten imho.

Is well up again today.

My guess is 183 and 15 sixteenths tonnes of tungsten with 97 and 3 fourteeths tonnes of tin.

I have made no comment on the warrants. Mind you dreaming of has cited me as referring to them, so I think it fair I should comment. Well if we are going to .6 no harm done from where we are now. If exceeded warrants will dilute, but that will be better. Funny old world really.

Dreaming, I think we have to disagree on Troajan.
As regards The Covid issue and Regua, the Byzantine bureaucracy will no doubt be slowed by the crisis. However, the dire need for revenue for governments and locales may result in accelerated impetus. No doubt though the improved ore body being fed into the system will increase the output of concentrate....... and dare I say revenue..... which would increase the profit margin per mtu against the production costs. The additional fixed costs would of course remain the same. I am of the opinion the additionally Regua ore would see us into overall profitability on a monthly basis after all costs. So the sooner the better.

I can’t say Troajan, insults or gives rise to Jibes and such. Points out stuff, pretty factual ( and that’s an opinion by me) . He does not keep knocking on about the same thing and seems quite positive. Each to their own view of course.
Now increasing revenue .........................

Is well up again today.

I would willingly let everyone know what the expenses are, but I would have to wait until we get some published figures. I don’t think it’s misleading to say increasing revenue is a good thing where there is a margin of profit. I also maintain that for any given amount produced,then some of the revenue from that goes towards loans, fixed costs etc. or anyway up the costs that remain the same and have to be paid for a given period are proportionately less the more produced. As for production costs the plant does not require much manpower and the ore is on site, the other material used in production is water and that’s on site too. The production costs in the FID may be wrong, but no one has issued information to say they are wide of the mark. I recall the original $94 became $110 I think, but I can’t recall exactly. We were get 80% of the APT price for our concentrate if our tungsten concentrate contains a purity level of 66%. Our concentrate we were recently told, is above that. From what in saw at the plant site visit production itself is not resource hungry. The debt/ fixed cost is the issue. So producing more as we are told is a good thing nothing misleading there - and that’s not using the word fallacious which is something that could be used when accusing of such to paint a different picture . So really it’s semantics if it’s down to word choices.

And of course , decreases proportionately as opposed to increase in proportionately proportion just to to be proportionate. So now to get further reading from spamming sematics requires more reading or indeed to rewrite it all again. However, when it comes to Wres and tungsten the more they produce the more revenue they can get. Given we are told revenue is increasing, certainly for the fourth quarter, indeed as Troajan points out, it is increasing to more than the first three quarters, and we are increasing further, then this is clearly an increased amount of product- tungsten, and let’s not forget tin. This increase in production, clearly means increase in revenue. Increased revenue means increased profit margin ( fixed costs are fixed and become a proportion less of each given quantity produced) . So we can add the increasing price of tungsten and tin which means the profit margin of revenue against production costs increases. I am looking forward to our increasing production and in particular quarter four resultS.

I, too, will now play. If there is no revenue there can be no profit. To increase profit, given there is profit margin, then revenue needs to increase or margins have to. If there are fixed costs then the more revenue increases then so does the proportionate proportion of fixed costs, which means the profit margin increases. From our FID and other things we are told, our production costs are less than our revenue from a given amount of tungsten. The costs of the loans remain regardless of production or revenue. The more revenue we produce the more loan we can repay. If we make profit on production then all revenue increase is an increased profit from that production. Etc. Etc.
So does anyone need to have it explained that the more money yer get in the better it is. We produce at less than the cost of production. The fixed cost remain the same. More produced, more revenue, more profit on production, if revenue covers production and fixed costs this is clearly profit. The fly on the ointment is getting enough revenue with enough profit margin to cover the loan repayments.
However, everybody knows this, so to just keep spanking on in ways that attempt to not say that indicates spankers, imho.

Cheap to buy. Mmmmmmm.

If you don’t like a company and you have shares in it, sell them, or if you don’t have any then don’t buy any. If you fall into either category, clearly you would have better things to do than keep pecking at something you can ignore. Then again I suppose if you were of a mind to knock at something you have no relationship with it might be because of God knows what, as it does not make sense to me. If you’re invested and you keep knocking it might at least encourage some to sell or not buy and so reduce the value of your investment- that does not make sense to me either. There are lots of companies I don’t like, but I dont comment if not invested, that’s my choice of course.
In summary if you don’t like Wres you would not want to be in these over the weekend, but if you do like them you would want to be in them over the weekend.
And....... if people want to get angry about stuff, there is plenty to chew on over Brexit. Boris the Oven Ready will ultimately be ruler of England, or just Wessex say.