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EBITA - gotta love auto correct

So September s production was less than August’s even with increased hours. Not what I had hoped for but when I think of WOLFE I’m glad that we are now ABITA positive!

Maybe Tuesday Ponfeigh.

Everyone knows the best RNS’s happen on a Tuesday so everyone can top up on the Monday.

The last time WRES were expecting 100 tonnes plus for a month the SP went north of 20p in a matter of days. Please note that was on expectation.

If we actually hit 100 the flood gates could open. Note could!

Have a great weekend

I get it doesn’t take long to add a few bags but how long does it take to calculate the tungsten content of the ore?

So a change in director.

Am I correct in saying that the new non exec already has 500k+ shares in WRES?

Could this of been the buying last week?

Tungsten at $312 - $318!

Morning everyone, you were correct yesterday!

The last conversion, so as soon as the shares have been sold Atlas will hopefully disappear (maybe along with some green boxes ;)

The previous target was 880 tonnes but he upped it to 1000. Why would you do that if it’s not looking to come in?

And don’t forget GIT, MM seems pretty sure the 1000 target for the year will be met.

At last! This for me is the start of some big numbers.

The August figures were as expected. This shows that we are getting some consistency but the recovery rate is great.

With ATLAS nearly gone, working 7 days a week and the plant working as it should the only way is up.

Shame about the tin but it is the Tungsten that pays the bills.

Good luck everyone

I’m picking a number……… yes 230!

Good luck all and I hope I loose.

That’s about what I thought. The extra 5 missing would have given us that.

Can’t believe MM has suggested that the 2021 production will be on the higher end of the Shard figures. The next few months will need to be good.

I really hope so.

The figures MM gave during the last RNS are encouraging.

In my view anything over 75 means we are on our way to profit.

Love it Git!

This is what I was basing my 75 on. If we are looking at another 650 to hit the shard report then I was breaking it down to 250 in q3 and 400 in q4.

75 in July followed by 85 in August and 90 in September would achieve it. Steady increase and would fit into MM’s plans.

400 in q4 as the increase to 7 days would need 133 per month average. I see that as achievable.

I know you see this as low numbers but these. Numbers meet the Shard at 23 per share at 260 tungsten price. 35 per share at 10% above (286) however we are over 300!

Anything over 100 Is going to blow the doors off.

Morning GIT, my 75 has been taken from the bottom of your list.

I realise it’s the lowest but from MM’s target of 880 and doing the maths that was my predication. I’m hoping for a lot more but not getting my hopes up too soon.

Thanks, so $5million. Just need to get it out of the ground and hope the price keeps going up now.

Afternoon all, I’ve not been viewing the board much lately as busy at work and it was getting a bit depressing.

Recently though it looks as though sentiment has turned and things are looking positive.

Anyway, the tungsten price is looking up to and I was thinking. If the tungsten price went up by $50 per mtu. How much extra revenue would we generate based on mining 1000 tonnes over the year?

Im taking it this will be pure profit as costs will remain the same?

I’m thinking we are on a good increase but it will be gradual.

I see July being around 75 tons

Not yet. Justine wrote that she will send them
Just before it commences.

Makes sense to me.