Member Info for safetyman

That includes that are already merry and it’s still the afternoon. You know who you are.
Goodwill to all.

Would not want to be out of this over Chrimbo. !

Tiddler

Get in there is a toddler. No disrespect intended.

If the price of apt is $50 more than at its low, and 80% of $50 is $40, and we were to produce 200tpm over one month that’s 40x200x100=$800,000 more per month. Over a year that’s 12x800,000=$9,600,000 extra. So my theory is that if the average price is $50 per apt more, a delay could pay off 5 million loan and it’s interest and also
Leave money over for Hbob’s spectacles and other things to do. The moral being, sometimes a delay can be a good thing. I am all positivity following some Rioja, which is Spanish. Maths can, of course be checked corrected or such, Tonlin has a mathsology so would be ideal.

Moggers thanks for that. I had thought that there was a weekly quoted ( or referred to price) price, albeit not a spot price, so that explains that.

L200, yep I understand. But like hbob I am of the view that if the Chinese prices rise then so will the quoted LME price.
Hope this Brexit malarkey arrangements do not adversely affect your farming enterprise. I have no political axe to grind, but have concerns for farming, industry and commerce. I hope these people are correct about the sunny uplands, personally I am full of doubt.

Well that’s good moggers. Every Extra 1 percent on apt price is 1 per cent more we get for our concentrate. Pretty robust maths imho. If we get 2 percent increase each week, that would be spiffing.

He is making Biden Bullets.

We think it’s Trump.

That’s a fair bit of production by dB this morning. He don’t even like the company, but still making big efforts with postings. Credit where credits due.

yep troaj, Jumbos, banging out adits, trucking to the crushers, then pour the stuff into the concentrator (being transferred across from la parilla). The spoil gets chucked in the pits which were formed by the crushers previous role where they crushed gravel for the many new roads on the Iberian Peninsular which our contracted trucks drive along and ore delivering lorries use. a virtuous circle and will bring extra earnings...…..

All in I all I think I will stick with Wres. Also if you can see the NMC charabanc it might be because you missed it. Anyway, I is waiting for me Wres tungsten news and need to concentrate, or someone to produce concentrate which we may hear about - and that would be a very good thing imho.

I once worked with a guy that had been in the services, helping guard sheiks and such in such parts of the world as Arabia etc. He was part of our armed services that were ‘advisers’ which involved combatwith groups that were a bit cheesed off with living next to the walls with the sheiks with their rolls Royce’s and palaces. There was infant mortality and such caused by things like lack of clean water etc. So a medical health company probably has potential for growth in such places. Plus there were director buy ins on NMC, mind you that does not always seem to help. Anyway there is me technical advice with a story that identifies a market for NMC services.

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

Nice to see yer Bob. We have had much discussion. It’s a very interesting bb, some posters make loads of posts. I am looking forward to New Year’s Day, we get lots then.

Troajan, also spot on.

Just to be categorically clear. My statements and opinions are honest and based on what I have seen at La Parilla and from those I have spoken to there. Fernando has a familiarity with the site going back years, I went with him where he pointed out things and explained his not inconsiderable experience with this area. I have stated my honest opinion. I also spoke to some of the Spanish local investors at the time; they too have confidence. Michael Masterman and Mr Pirola have considerable confidence and investment and a lot of that predates the financing or plant construction. It is reasonable to consider why people like them, involved with mining at a senior level, would have so much confidence to heavily invest in what was what some described as ‘just a field of dirt’.
So to reiterate, not ramping, not armchair criticism, but optimism based on seeing the site and the people and sharing that experience on the BB.
If anyone wishes to take a view on my opinion fair enough. I do not ramp, I do like to discuss and am very happy with my investment at this time and feeling very jolly about it. It’s nice to see that although the SP is low some have been in a position to buy in at this price eg lucky dog NMh, good luck to you, but please allow me some envy.

Spot on Kev. There was shiny lumps of scheelite on the ground at La Parilla just needing to be picked up. The way I remember it, there is a lot more there. I think there will be much more resource on the rest of the area we have that is not yet tested or JORCed. Just a view, not ramping I just think there is a lot more there yet. I also think that there was an undercurrent of expectation with regard to that, imho.

And said would never happen like; never get approval, never get finance, never get plant and machinery, needs water supply (hilariously funny given the lake and canal) ,BOD don’t know what they are doing, never get contracts, will not be able to finance keeping the lights on, cannot produce tungsten, etc. Well blow me down all them things are there and more with local and regional support, grant etc....... and this latest loan of $5 million is so much better than raising that from a placing- with our mkt cap at £20 million that makes the deal superb imho. Now producing, Regua to start , well I am feeling all Christmassy. As to my New Year feelings ... well just celebratory..... ding ding. Just an opinion.