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Now if Wres could announce some profits tomorrow that would be well received.gold is still rising too......

Oldie, I ran a boys football team in East London for ten years. It included my son and boys that others didn’t want, autism, global delay in one case, adhd, banned from school, weapons carrying etc. I managed them robustly and treated them with respect, I lost a few souls along the way. But most of them did well and asked me to keep the team going. Over the years we got to be top of the league and two cup finals, referees would often compliment the team on there very good gentlemanly play even when playing dirty but more privileged teams. One Nigerian boy was getting in deep trouble, I intervened and his parents moved away from the locale, I saw him two years later and he gave me a hug and thanked me ( he was doing a levels by then). Another lad I met last month he told me they were the best days of his life, he now plays with my son in his team. So I think by helping my son and having a great time otherwise lost boys saw a better way- all with just a small effort. A few shillings, a little intervention and a little time and lives can be changed. You’re right that’s one investment that saves much for everyone.
If the

Oldie, I had noticed that too. We shall see.

Indeed troajan

Indeed troajan

Oldie, it’s the bad things that sticks in our minds. We often miss the many good things. The key is to not get sucked down into the negative.Last week I saw an account of the White Helmets in Syria as they went back, at great risk, to a bombed hospital and rescued a baby from an incubator. For all the great evil that takes place at this time there are inspirational acts of good. Ultimately the goodness will win through, sometimes it’s hard to see how though. In the meantime, there is nothing any of us have to complain about in our lives here, but perhaps there is a responsibility to try to make things a little better where we can. I believe the sum of the positive in the world to out weigh the negative. Do positive where you can and when you see opportunity-I know Bob, puts effort into helping others. Sometimes good comes from unlikely places
The great evil motivators of the world ‘capitalism and greed may well provide many of the answers faced by mankind. Funny old world really.

We all need someone to watch over us Bob, even Mrs HBob.

Picking up a €5million business loan at 3% is good business for any enterprise. Getting it from a reputable bank, Banco Santander, is an endorsement. It enables payment existing €3m loan from Caja Rural de Extremadura and provides a net €2m of additional working capital and liquidity.

The facility allows W to monetise the majority of the €5.million grant, which is also good business.

The facility interest rate is 3% per annum, payable quarterly, with no amortisation and is secured by a pledge over the rights to the Grant funds. This is good business regardless.
Oh and then there’s the gold to come. All imho.

If a company were to get a €5million loan at 3% whilst ramping up to full production it would be reasonable for that to be well recurved by investors. In this case, for the most part, investors have done so; conversely those not invested have criticised this.
For me it’s about playing the way you’re facing, so it’s actually looking rather good on the tungsten front.
I think I have already mentioned out gold interests earlier.

NMH, that makes sense. Also tungsten is not the only thing going up, gold price been good lately, so would be nice to have something in the Sao marthinho mine too..

Clearly, M. Would not be able to criticise Spanish procedural processes.

I expected the delay on the grant. My daughter has lived there for seven years. Bureaucracy is an art form of the highest order. They were trained by Byzantines.I have many stories from her that illustrate this. No it is not like the UK. To get confirmation on it is actually good news. To get a loan against the grant in the short term is pragmatic, I am glad they have got it and it is what I would do. So from me it’s a ‘well done’.

Tomorrow, perhaps a RNS.........10:00. All sorts of news awaiting.......?

I would not like to be out of this over the weekend (I am Spartacus)

Indeed

I hope MM is keeping his good self away from Shanghai.

I always had a stepping stone SP of 3.4p eventually arriving at 10p. These were figures were arrived in what was probably a different methodology to yours - without giving too much away it involved a herring giving up life during the ceremony. More seriously though 3p is a perfectly reasonable expectation.
Given the corona figures ( I think Oldies numbers are more on the money, due to the way things are counted) this will give more power to the gold price , which in turn will effect the allure of anything with gold in it e.g our goldmine. That may well light a rocket, whose to say.....

Just saw an apartment block entrance being welded shut in Hubei province on the news. Clearly, nothing to worry about.

If a 20 ton truck carries 2000 mtus of 66% concentrate it means the value is ( based on what we know about what we get paid) 80% of APT price, so if we said that is $200 then that comes to 200X2000= $400000. But if we only get $150 per mtu ( I think we were told that) then a 20ton truck would be 150x2000=$300000, ( perhaps because there is an expectation of the concentrate being at 60% and not 66%) but as the concentrate in the truck from Regia to la Parrilla is at 10% ( approx) then it’s only worth one sixth of the truck leaving la Parrilla , so $300000 divide by 6 is $50000 less final processing cost through what is mostly a gravity system. So let’s call the truck of 10% ore an approx $40,000 worth of load. Then ask yourself is it worth driving a load worth that much from a Regua to la Parrilla. To me it seems a worthwhile enterprise and actually per mtu per mile cost is quite low . Cannot, as I say, do a full industrial engineer costing on it , but for a fag packet I am quite pleased with it imho and at my peril (sic).

******, you left a ‘twixt’ out. Seems it’s left to me to get pedantic. However, it’s an honest observation and feels worthy of pointing out. Nowadays people use phrases and incorrectly or in a corrupted form e.g ‘Parthian shot’ became ‘parting shot’.
Notwithstanding that though, I agree with your astute post.