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That is exactly the point I was trying to make to GUG which he clearly does not understand.
Concentrate is told sold as a 100% pure metal, the main parts in an RNS he does not read, you clearly pointed that out, thank you.
Wres don't sell it as a 100% pure product, as GIT has just stated it's sold as a percentage concentrate, the better the concentrate, the better the price, simple.
Even a 60% concentrate according to those figures provided by GIT are currently over 25,000, looks good to me.
That's 11T month so the £1000 increase would be £33,000.
And that was working 4 days a week, we are now working 5 days a week from the start of January 21.
Total tungsten and tin concentrate production of 133.4t during the quarter, up 72% on a like for like basis and up 29% on a pro rata basis compared to Q3.
· Tungsten ("WO3") concentrate production of 100.0t during the quarter, up 83% on a like for like basis and up 37% on a pro rata basis compared to Q3.
· Tin ("Sn") concentrate production of 33.4 dry metric tonnes ("dmt"), up 46% on a like for like basis and up 9% on a pro rata basis compared to Q3.
Tin production as noted below in the last RNS.
11T average per month.
And this was working 4 days a week, we are now working 5 days a week from the beginning of January.
total tungsten and tin concentrate production of 133.4t during the quarter, up 72% on a like for like basis and up 29% on a pro rata basis compared to Q3.
· Tungsten ("WO3") concentrate production of 100.0t during the quarter, up 83% on a like for like basis and up 37% on a pro rata basis compared to Q3.
· Tin ("Sn") concentrate production of 33.4 dry metric tonnes ("dmt"), up 46% on a like for like basis and up 9% on a pro rata basis compared to Q3.
Hey Troa,Yes same few again, all arrive together, negative, negative, negative, so predictable, all have the same agenda, wow, not heard any of those comments before, have you? :) :) :)
Obone,
Here's a question for you regarding the mining manager retiring.
Who advised the team with all their vast previous knowledge of where to mine first??
Who would now be the most embarrassed for mining an area which then proved to have very low and poor levels of tungsten??
Just a thought.
Morning All,
Where do I collect my prize? ??????
1. Three 20t shipments of tungsten concentrate completed to date, with further shipments planned. - RNS 27th Nov 20
2. 20t shipment of tungsten concentrate completed in December - RNS 22nd December 20
3. In addition the Company expects to make at least one more 20t shipment of tungsten concentrate this month - RNS 22nd Dec 20.
4. 25t shipment of tin concentrate awaiting collection by the customer - RNS 22nd Dec 20
Unless I am seriously reading the RNS incorrectly, the above adds up to 100t Tungsten and 25t Tin.
Then there may be a small additional amount up to the 31st December.
GIT,
Please put me down for 104.2 and 32.4
Thanks
Hi Freddy,
Been invested here years, and have seen the same history here repeat itself. It's been the same with every placing and consolidation, the only good thing that has happened in the last 5+ years since I have been here is that the terrible twins have gone, other than that, all smoke and mirrors, it "Bloody Works" , "Letters of Intent" , I have read and listened to it all. Watch this hit around 11-12p, then drop like a ton of bricks, and more vulnerable investors locked in. This is an in and out quick investment company if you can get it right, definitely not a long term investment, everyone here long term has lost serious amounts of money, and that carnt be questioned.
And yet once again the rinse and repeat circle is happening again, look at the history over the years, and the same notification of major holdings investor, wow, lost for words, invest in this company like a charity bucket, give generously and as much as you can afford to loose, as your investment will be worth pennies within a short period. This is so predictable, stock price will now rise so said investor can make a killing and then fall like a ton of bricks locking more investors in, it's the same history repeating itself numerous times, look at the history, look at the notifications of major holdings, if you want to loose your money then invest here, bottomless money pit.
Does anyone on this board know the actual weight per cubic meter of the W03 tungsten concentrate being produced here?? I worked on the basis of tungsten in my previous calculations and that appears to be too high at 19.25g/cm3, or 19.25t/m3. Any help would be appreciated, as long as it is not guess work taken from Google, ????????, I tried that method.
I agree, based on operations working 6 days a week, approx 4 weeks in a month, then just under 100grame/sec needs to be achieved to reach the 200t per months expectations. But also looking at this another way, when you consider the weight of this material by volume, 100grams is only 5cm3, that's a tiny small volume about the size of a bottle cap. The video did appear to be creating that volume with ease, we shall all have to wait and see.
Come on, own up, who put 50p in the d..khead slot??? Look how many posts you have got for your 50pence,????
WRES 70% down in one month, absolutely ridiculous!!!
Excellent post Fred, absolutely spot on.
Vote no!!! Stop the gravy train and get rid of George and Satu. They should be on trial for the deceitfulness over the years, "letters of intent", "it bloody works", "6 interested parties", what a load of lies!!!!!!!! All they want is more money for their salaries, sod anyone else, VOTE NO!!!!!!!!!