Member Info for safetyman

Dreaming of, on the visit the higher grade benches were further back. You could see the scheelite there on the surface areas, the initial blasting area did not look so good. Once that was out of the way it must have been easier to get at the visible stuff.
There was an expectation and there had been samples indicating grades As I recall from conversations. All in line mostly with stated Jorcs thought. Indeed I think the huge trade areas preceeded further finacing and installation. All as I recall. My opinion is it’s there for the digging up.

I reckon we is getting a good RNS coming. Strangely blue buys.

Troajan, I don’t think we ever dig in the wrong area. We had to dig through a bit to bring us up to the higher grade benches. Always my view since the visit to the mine and i have said it is long before now
A lot of it I expected; getting through to the good stuff meant Delays before getting big boy production, start up hiccups on mining and overrun par for the course, did not expect such a major hiccup on the French macjinery( it was the Citroen that let us down). Did not expect a Covid outbreak. Did not expect the delay on the grant. Did not expect the gold licence delay to be so horribly delayed.
However, we are now icing forward at la Parilla and Regua, those rates of progress are paramount.
Tin production has done well though, better than expected.
I am thinking of buying a RAV4, never expected that either, I must be getting old.

My judgement has been poor, too many new cars, chopped in and stuff. Mind you revving up yer engines is fun etc. Now if MM can rev up his mill and jig engines all dont seem so bad.
I think we are going to get a stream Of positive RNSs. This latest one on the fiancé is wholly positive when looked at as an alternative draw down from atlas and in the light of the parlous nature of many businesses at this time.
My wish list for RNSs is:
Improving production
Regua progress
Licence at Sao martinho
Joint venture on the gold
Grant money comes through
And a big increase in apt price.
Now that would be good.

I think I can help out, Without getting me abacus out I can recall that there are in fact a lot of warrants issued, lots and lots which is a fair point to a negative view. However, most, if not all, are for much more than the current SP. In today’s position that means it’s money invested for free or deal sweetener that did not cost anything, in the future when the SP is much higher they would be dilutive. Right now they appear to be crackerjack free investment. If some one planned to use warrants so they don’t get cashed up, it’s superb management. At the moment it’s free money.

Keeping the show on the road is hard for lots of businesses. We have warrants out, many of which are treble or more the current SP, some might call that a result. Lots of views both ways, but personally, I am somewhat happier to see support and that we are still on the road, and may well be in an improving position.

Blackrock being supportive indicates an element of faith.
Now let’s see what the next RNS brings.

Better thing they borrow now, rather than the Atlas thing they have done before.

We should be getting our quarterly production figures soonish. Certainly by next couple of weeks. I can’t see signs of a massive improvement ( strangely large amounts of shares being bought etc).
We shall see, hopefully it’s improving. If it is I shall be heartily heartened.
In the ran time it’s sharesey hard as described by inki.
Of course grant news would be good. Joint venture and licence gold, good too.
Hmmmm ponders for the day.

Theres all sorts of ways of doing finance malarkeys.

That in the half year RNS it says; getting the trial licence and doing a joint venture thingy on the Gold in second half of 2020. So if that is what is being worked; we could get news on that by next year two months. Great Gloden Gunnets, buckets of em perhaps?

Tin up over 500 today.

You can debate these things, but ultimately........ you wouldn’t want to be out of this over the weekend.

Troajan, that link says :"Production in the first six months of 2020 reached 106.5 tonnes of tungsten concentrate and 64.5 tonnes of tin concentrate, resulting in half-year revenues of £1.01mln compared to £0.29mln in the same period last year."
on that basis if we said we got no money whatsoever for the tin, then we got £95 per mtu for the tungsten....even allowing for currency exchange rate the figuress dont make sense. .........Unless not all the production from H1 was not sold then, which might be well the mentioned shipments in July.

Essentially, our material greed means we want the SP to go up, and quite rightly so. Wouldn’t want to be out of this over the weekend.
However, there is the really important stuff.
Perspective indeed MIB, yesterday I was at a special school for children with profound difficulties , my colleague cried.

I like blue. Perhaps good news soon? Most welcome if so.

The restricted working was due to restricted availability of the the jig and mill. It just could not be used continuously as there was and is need for repairs and modifications requiring shut down. Which is being addressed, I would think as the jig and mill becomes Increasing available There will be increased working at the plant overall.

Prefer blue.

Ponfeigh, we have daughters and it’s our responsibility to look after them. Result like you I have had to take hits to assist...... and for the boy too.
At least we are able to help them, but tats not an infinite position. Now if Wres can bing out tungsten that helping gets easier.

Well if we go shoot grouse, we can gather and fire guns. I think we all might need to do that.
It’s one rule for the rich and another for the poor. I am hacked with being poor and now even poorer. Let’s hope for some good numbers soon.
In the meantime, I wouldn’t want to be out of this over the weekend while some people are shooting grouse.