Member Info for topsharepicks

Suzy

Your active pumping away lol

What has Kurt done for investors lately???

HINT

NOTHING

Booming marvelous!

Awaiting the JV news

What are BEM options if Kallak rejected and Sweden's policy changes if UNESCO say no

What is the outcome then Suzy??

Suzy so you keep saying full marks for the positivity but your going to have some answering to do if this all fails for 8 more years

Kurt uses similar language yet nothing happens

Another boring day

I'm making more in a week in civil engineering than watching this sat idle
Kurt pull your finger out this is getting tedious

https://www.cnbc.com/2021/03/24/goldman-electric-cars-face-rising-battery-lithium-nickel-cobalt-costs.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message

Eric + Suzy lonely posting here BEM completely missed out on the bull ride of the century............ its pure tedium here so ive stopped looking in

could easilly be a takeover target?

lets see

thats on the main website page of WRES!

last update will reflect stellar results next quarter!

3 March 2021

W Resources Plc

("W" or the "Company")

La Parrilla Update

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal provides the following update on the Plant Improvement Programme at the La Parrilla Mine in Spain, which has now been successfully completed:

· Improved efficiency and increased production of tin and tungsten concentrate

· Concentrator plant recovery for tungsten during February was greater than 60% - an all-time high

· Despite unprecedented rainfall which has slowed Q1 progress, tungsten and tin concentrate production in Q1 and Q2 2021 is expected to be ahead of any previously reported quarter

· Two shipments of 20t of tungsten concentrate completed and shipped in the past 2 months

· One shipment of 20t of tin concentrate was shipped on 1 March and this shipment benefited from a 26% increase in the net price received vs the previous tin shipment.

· One shipment of 20t of tungsten concentrate is due to be shipped on 8 March 2021

The Plant Improvement Programme at the La Parrilla Mine is now complete. Following seven months of hard work by staff and contractors, it has delivered significant plant improvements, enhanced the workflow, improved efficiency and has increased production of tungsten and tin concentrate from the mine. This is evidenced by the increase in production of concentrate from July 2020 onwards, initially increasing on a pro-forma basis in Q3 2020 and then in absolute terms in Q4 2020.

The final phase of the Plant Improvement Programme included a planned closure in late January to enable the final stages of the Programme to be implemented. Whilst this was initially planned as a four-week closure, the team and contractors accelerated the process reducing this period to just two weeks.

As the final stages gained momentum, the La Parrilla Mine faced very unseasonal weather conditions. During early February, the Extremadura region of Spain experienced the highest amount of rainfall recorded in the last seven years. This came at a time when the water level of the historic mine pit adjacent to the mine was already unseasonably high and as a result it became unsafe for the team to access the higher-grade ore. As the team looked to resolve this, the decision was taken to delay the recommencement of production until mid-February, when the mine restarted. Notwithstanding this hurdle, the success of the Plant Improvement Programme has been reinforced with expectations of Q1 production being the highest to date.

The management and operations team at La Parrilla are taking steps to lower the water level and regain access to the higher-grade ore and it is envisioned that these steps will create a permanent solution covering the life of the mine.

With a stockpile of mid and lower level grade ore on site, processing will continue

THIS BIT:

Market conditions are strong and the development is well timed to meet emerging supply shortages, particularly with the second mine now coming on stream at Régua where operations have commenced following the release of a JORC resource update. In parallel, good results from Tarouca and the fundamentals of the copper and gold projects in Portugal look increasingly compelling with the continued strengthening of commodity prices.

Tungsten prices breaking out tooling needed for transition to EV and wind ect

Our Projects
With four projects in Spain and Portugal, W has three tungsten projects: La Parrilla in Spain, Régua and Tarouca in Portugal and the CAA/Portalegre gold/copper project in Portugal.

Production at La Parrilla commenced with the new plant in November 2019, moving to 24-hour operation in late December 2019. Tungsten and tin production will build substantially throughout 2020. The project is a large, low-cost mine which is expected to deliver significant earnings growth in 2020.

Market conditions are strong and the development is well timed to meet emerging supply shortages, particularly with the second mine now coming on stream at Régua where operations have commenced following the release of a JORC resource update. In parallel, good results from Tarouca and the fundamentals of the copper and gold projects in Portugal look increasingly compelling with the continued strengthening of commodity prices.

That's a ballsy statement excuse me suzy

We need this kind of ammo thrown at Baylan

I certainly was led to believe UNESCO was sorted and decision therefore WAS imminent

Shambles really

Private or institutional makes no odds fact is BEM is stuck between a rock and a hard place quite literally.

Clearly UNESCO is the one Sweden are afraid to upset. Losing the world heritage would be bad from a political point.

Quite what Kurt can do amounts to nothing his hands are tied.

This is painfull to watch when other miners and metals on a tear.

Several miners I've been watching have multibagged in weeks

Most infuriating

Take the case Kallak: an iron ore mine that may give Jokkmokk a couple of hundred jobs but risks pulling away the carpet for two Sami villages and a world heritage site. The officials disagree: the mining authority Bergsstaten says yes and the county administrative board says no. Thus, the matter is up to the government to decide.
But Kallak has been untouched by the government for almost three years. As if they thought it would disappear if they just closed their eyes hard enough.
Instead of uncomfortable but unavoidable political decisions, we get another investigation - and a rhetorical twist that is starting to become awkwardly transparent for those who have been following the issues for a while. A Minister of Trade and Industry can butter at the conferences of the mining industry, while the Minister of Culture of the same government spends the night in the activists' activist camp.
This makes the government look like a potty. Like the husband of a father who does not want to quarrel with his wife or his mother and therefore acts so wisely and indecisively that both eventually turn against him.
Perhaps the Swedish identity itself is at stake. Are we the country that built its welfare from the forest, the ore and hydropower, or the country that loves our high mountains and green meadows so much that we inscribed them in our national anthem? The Swedish instinct is to want to be both, but one and the same place can not be both Änglamark and Europe's leading supplier of innovation-critical materials

Very positive class leading grades!

I feel deceived when I pushed Kurt to clarify I bluntly shut me down...... NOT GOOD KURT