Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That’s a nice little Christmas present.
Progress made again, we are going into the right direction.
Have a good Christmas everyone
You never know Safety we could sell the gold for 50-100million and pick up a special dividend instead.
Hi everyone, thank you for posting some figures explaining the output for Q3.
From what I understand MM was targeting the 200 per month based on a 7 day 24hr working week.
Is the 3 day week based on a 24hr working day or 8 hr day? That could change the figures massively.
Good luck everyone
Wasp
27tonnes! I thought I was looking at the monthly figure.
20tonnes shipped already in July though. Maybe he’s under sold q2 and looking for a monster q3
3 points but what is an ok set of result?
I’m hoping for progress and a gradual increase in tonnage from month to month. A good value of revenue would help to.
I see the October results to be the money maker, but sometimes if the results prior to that quarter give an idea what the next one could be. If this happens who knows what could happen over the next week or two.
Good luck all
I first bought 9 years ago when it was Caspian holdings. I think I had hair then.
I haven’t posted in a while but I do like a competition.
120 and 34 for me please
Who won Mother?
I have to admit MM said last year that they wouldn’t be up to full production until June and I was gutted.
I was expecting these kind of figures for Q1 so am optimistic now for improved production figures and the 200MT in Q3.
All the best
Wasp
I haven’t looked in for a while as I’m counting down to April so I just have to have a go.
Put me down for 130t please
At last an update. Muvva your email must have worked!
All progressing well, looks like it will be January for the monster rise.
I do like a pointless competition, gets us all feeling optimistic.
Put me down for 0.78p
Another stage closer to making some profit. Plant finished, apt price increasing, demand increasing, potential gold news soon and money still in the bank.
When this booms it will boom. Is it going to be before the first great production update or after. You take your chances and invest your monies.
Mother, I thought you were a Wresllionaire? Just our currency is like the Turkish Lira.
Wow, I’ve been working the last couple of days and not had chance to read the board and I see a rise! What’s happening? Usually with Wres there’s no smoke without fire.
Thanks for sharing Kev. I too have now filtered Jaf, not because I think he is a deramper, I’m just bored of hearing the same old post.
I’ve been invested in WRES since the Caspian days and the price situation reminds me of the time just before the unexpected rise to 1.7p.
I bought in at 0.5p and watched the share fluctuate between 0.5p and 0.3p over a lot of months. When it reduced to 0.3p I thought I had made a big mistake only for the share price to rocket.
The point is with all the potential news coming, an increase can happen at anytime.
Mostly filtered for the last couple of days. Well done for Kev and Trojan for pointing out the positive FACTS.
It maybe 9 months now until full production numbers but I’m betting that the numbers will be slowly increasing over that 9 months hopefully reflecting in an increase in the share price.
I look at the couple of reports out that point out that Wres could/should be at 1.4 - 2p on T2 production numbers at 250 dollars per MTU.
Good luck and let’s hope for an increase before christmas
Can anyone help me understand the figures?
Am I right in saying we had 19million euros in the bank in June?
Did we take in just over 1 million euros worth of revenue from 29tonnes? What does that work out at per MTU?
Sorry Glod update! I don’t know why my spell checker doesn’t like the word “Glod” I think we need to get it in the English dictionary.
As Trojan says the results shouldn’t really reveal too much that we don’t already know.
Looking back to Wolf this was the nervy time they had commissioning and ultimately led to failure.
Yes on the negative side this has a small chance of happening however we have much more positive signs:
- the nine has already been profitable in the past
- we have local knowledge on how to mine the ore
- our debt is far less
- we have the newest, best plant built by professionals
I’m hopeful for a good update but think the true results positive or negative will only be delivered in January (unless we had a good update).
It’s a good opportunity to top up. Good luck all.
So 205 dollars as at Thursday. Don’t we usually get an update on a Friday as to what the new price is?
Mogwhy do you have the latest?