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I suppose it shows they can get it out of the ground, process it and sell it.
As soon as MM can give us a production update maybe we will fly even higher.
Thanks Mogwy, a 4% premium on the spot price.
I’m hoping the positive result plus the fact that the auction is over should result in the steady increase in APT value.
Fingers crossed
Could this be the first placement where the share price increases?
I also see MM is looking to put more in and another company wants £2millions worth.
They can’t have any of mine!
Have I read that correctly? A placement at 0.5p
The next trading day will be in September and as the RNS with the videos state - we have a functioning plant.
First big numbers on production should hit at the end of January for Q4. Will we see a slow steady rerate throughout the rest of the year or a big boooom in 2020?
Has anyone got access to the current metal prices and know what the European price of Tungsten is?
11 million! Good news indeed. I bet that average has reduced a bit too.
I have been buying on the sly and haven’t posted my trades but I’m up to 11.9million.
September should give us good news on the main mine, however you never no gold news could blow the doors off the share prices.
1 million ounces plus a farm in and we could have a massive retake with the gold price over 1500 dollars.
I’m confused Atilla! You only think it may come good but you can exit now with only a small loss.
What percentage of your portfolio is this money?
Morning Attila, I can tell your frustrated at the moment.
Can I ask what makes you keep hold of your 10million shares?
Or what positives do you see?
Nice
I’ve buy Ponfy, I never thought you could ever buy them again at this price.
2 buys and a rollover, we will see the other 10milliin in the morning.
It’s today or tomorrow!
Exactly Tunger there is no value in the SP yet for the gold.
Even someone that’s pretty down on WRES can see this. Wow this means with a good gold update we could fly!
I remember when SOLG was at 4p and I thought should I buy?
Decided against it and it flew, could now be Wres’s turn.
Tungsten price seems to be bottoming out but look at the gold price it’s flying.
Currently 1418dollars. With the gold update expected this could be the catalyst for an improvement on the SP.
MM did say every 100,000 ounces could be worth 0.1p to the share price.
An update of 250,000 = 0.25p
400,000 = 0.4p
1,000,000 = 1p
According to the Turner Pope report we should be already valued at 2p.
Is that with or without Glod and Regula?
That’s ok Jaf.
You must be tempted to get back in now or are you waiting for some production figures?
“Dollars”
Jaf, get buying back in quick. I think it’s time.
Look at slide 6 starting q2 2019 it definitely says 20million euros.
What exchange rate you use is up to you but I work on the google one of 1.24.
If you do the calculation what do you get?