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§ Concurrent 3D geological modelling identifies priority drill targets to increase resource.
§ New exploration targets identified near the existing resource.
Next Steps: Geotechnical drilling for pit wall optimisation, ore sorting review, and drill testing of priority resource and regional targets and raise some finance. Lol
No grants arriving here soon . No financiers either
Next steps
" drilling at depth", ore sort review, revised DFS
Should keep Mick in a job a bit longer. Possible placing to fund work .
This work should have been done years ago. Billing is a disgrace.
https://youtu.be/3NFbBBe4Lnc
More Billing bull**** if you fancy listen . Still hasn't done anything.
AJ225. The strategy ( he has said so in 2 videos) is to become a copper based company. (Probably morphing with Envirocopper. ?) The other assets will get sold or Thor to retain a freecarry whilst they are developed by a bigger partner
In the PaydirtTV video 22/9/20 he clearly states in reference to 3 sets of drilling , ( kapunda gold , RR and US uranium .. " over the next 2 , 3 and 6 months" . Well over the past 6 months he s achieved nothing on any of them ..Other than get paid.
True to form . One of the biggest bull****ters I've come across.
Ignore this ramping rubbish. Nobody knows what the costa are. Least of all GIT
Nothing has changed, we just need to continue to be patient ....
MIB, its probably a good idea to ignore GIT s thoughts , he's been saying the same thing for the past 10 years and is 90% down as a result.
Looking at the share price performance, rate of on going dilution and debt , coupled with management performance its easy to see why. No deramping needed here.
GIT , none of those things will help while WRES is only getting $200t for its tungsten. Financiers are more likely to pull the plug . It needs a rapid rise in the price of Tungsten to $300 (now ) and it needs to stay up. . (Or a big increase in grade .) The Tungsten market isn't moving up quickly enough to keep WRES afloat. . The Atlas drawdowns are a clear
indication the company is not cash positive and not profitable . Time is running out and WRES cant service the debt. .
I genuinely feel sorry you can't see that. But its your money to lose.
"My plan is to keep adding and accumulating".......to my losses.
Plenty of people in this share good at that Gaz. Just shout up if you need help
They already have +90t of mined ore carry over from Q2 and Q3 ready for the mill. Mill is working well now so despite harsh winter weather a similar Q1 in 2021 to Q4 must be a higher possibility than just another 3k oz of gold
," as I said a year or so ago, even if we ended up with 10 billion shares in issue, providing we hit our production targets we will still make a lot of money. "
Except you'd lose a further 30% of what little you've got left. Clueless. The object of the game is for investors to make money , not sit there and watch the company destroy what you've put in .