W Resources Share Discussion Threads

[sleveen] 16/4/2019 09:04

Has MM sneaked in another (3-4 week)delay?

"The Concentrator Plant construction has accelerated rapidly following delivery of the bulk of the structural steel and is scheduled for mechanical completion this quarter."

------>No talk of actual commissioning of the concentrator this quarter.

[excellance] 16/4/2019 08:16

No exactly unexpected news, but good to know all is progressing well.

[cpap man] 16/4/2019 07:47

W Resources Plc

("W" or the "Company")



Jig & Mill Plant Completed for Commissioning

Large Scale Concentrator Construction Advancing

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, is pleased to confirm that commissioning of the Jig and Mill Plant has commenced at La Parrilla in Spain.

The Jig and Mill Plant will upgrade the La Parrilla ore, efficiently reject barren material, and prepare material for feed to the Concentrator Plant. W will feed 100% of the output of the Jig and Mill Plant once fully commissioned to the existing Concentrator Plant with upgraded and milled mine feed allowing a significant upgrade in production rates.

In parallel, the new large scale Concentrator Plant has advanced over the last three weeks with 90% of all structural steel and primary equipment now on-site and being installed (link to time lapse video - hxxps://youtu.be/tAFIXGMv9Lg). The large Concentrator Plant is scheduled for construction completion this quarter.

The mine is primed for scale-up with preparatory grade control drilling completed and the ramp from the Fast Track Mine ("FTM") area to the Crusher Plant also completed. The first hard rock blasting of the 10m benches in the FTM area is also scheduled for this month. The mining contract will be executed this month and the mining fleet mobilisation is underway following the arrival of a Komatsu HD605 rigid truck.

Michael Masterman, Chairman of W Resources, commented: "The commencement of commissioning the La Parrilla Jig and Mill Plant following construction completion is a very important milestone as we advance to full completion of the 2 million tonne per annum plant. We expect to be able to feed crushed ore to the Jig and Mill Plant in late April and then process it through our existing Concentrator Plant. This will allow a significant increase in near term tungsten and tin production capacity and also allows us to ensure smooth autonomous operation of the Jig and Mill Plant ahead of commissioning of the new large scale Concentrator Plant later this quarter.

"The Concentrator Plant construction has accelerated rapidly following delivery of the bulk of the structural steel and is scheduled for mechanical completion this quarter. The contractor, allmineral Aufbereitungstechnik GmbH & Co. KG ("allmineral") of Germany, is on a fixed price fixed schedule contract and whilst there has been a delay in the delivery of steel which has had a negative impact on the schedule of the Jig and Mill and Concentrator Plants, there is no adverse impact on budget as the cost of the plants are fixed. Overall the project continues to track below budget including contingency."

[cpap man] 16/4/2019 07:40

W Resources Plc

("W" or the "Company")



Jig & Mill Plant Completed for Commissioning

Large Scale Concentrator Construction Advancing

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, is pleased to confirm that commissioning of the Jig and Mill Plant has commenced at La Parrilla in Spain.

The Jig and Mill Plant will upgrade the La Parrilla ore, efficiently reject barren material, and prepare material for feed to the Concentrator Plant. W will feed 100% of the output of the Jig and Mill Plant once fully commissioned to the existing Concentrator Plant with upgraded and milled mine feed allowing a significant upgrade in production rates.

In parallel, the new large scale Concentrator Plant has advanced over the last three weeks with 90% of all structural steel and primary equipment now on-site and being installed (link to time lapse video - hxxps://youtu.be/tAFIXGMv9Lg). The large Concentrator Plant is scheduled for construction completion this quarter.

The mine is primed for scale-up with preparatory grade control drilling completed and the ramp from the Fast Track Mine ("FTM") area to the Crusher Plant also completed. The first hard rock blasting of the 10m benches in the FTM area is also scheduled for this month. The mining contract will be executed this month and the mining fleet mobilisation is underway following the arrival of a Komatsu HD605 rigid truck.

Michael Masterman, Chairman of W Resources, commented: "The commencement of commissioning the La Parrilla Jig and Mill Plant following construction completion is a very important milestone as we advance to full completion of the 2 million tonne per annum plant. We expect to be able to feed crushed ore to the Jig and Mill Plant in late April and then process it through our existing Concentrator Plant. This will allow a significant increase in near term tungsten and tin production capacity and also allows us to ensure smooth autonomous operation of the Jig and Mill Plant ahead of commissioning of the new large scale Concentrator Plant later this quarter.

"The Concentrator Plant construction has accelerated rapidly following delivery of the bulk of the structural steel and is scheduled for mechanical completion this quarter. The contractor, allmineral Aufbereitungstechnik GmbH & Co. KG ("allmineral") of Germany, is on a fixed price fixed schedule contract and whilst there has been a delay in the delivery of steel which has had a negative impact on the schedule of the Jig and Mill and Concentrator Plants, there is no adverse impact on budget as the cost of the plants are fixed. Overall the project continues to track below budget including contingency."

[cpap man] 16/4/2019 07:37

W Resources Plc

("W" or the "Company")



Jig & Mill Plant Completed for Commissioning

Large Scale Concentrator Construction Advancing

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, is pleased to confirm that commissioning of the Jig and Mill Plant has commenced at La Parrilla in Spain.

The Jig and Mill Plant will upgrade the La Parrilla ore, efficiently reject barren material, and prepare material for feed to the Concentrator Plant. W will feed 100% of the output of the Jig and Mill Plant once fully commissioned to the existing Concentrator Plant with upgraded and milled mine feed allowing a significant upgrade in production rates.

In parallel, the new large scale Concentrator Plant has advanced over the last three weeks with 90% of all structural steel and primary equipment now on-site and being installed (link to time lapse video - hxxps://youtu.be/tAFIXGMv9Lg). The large Concentrator Plant is scheduled for construction completion this quarter.

The mine is primed for scale-up with preparatory grade control drilling completed and the ramp from the Fast Track Mine ("FTM") area to the Crusher Plant also completed. The first hard rock blasting of the 10m benches in the FTM area is also scheduled for this month. The mining contract will be executed this month and the mining fleet mobilisation is underway following the arrival of a Komatsu HD605 rigid truck.

Michael Masterman, Chairman of W Resources, commented: "The commencement of commissioning the La Parrilla Jig and Mill Plant following construction completion is a very important milestone as we advance to full completion of the 2 million tonne per annum plant. We expect to be able to feed crushed ore to the Jig and Mill Plant in late April and then process it through our existing Concentrator Plant. This will allow a significant increase in near term tungsten and tin production capacity and also allows us to ensure smooth autonomous operation of the Jig and Mill Plant ahead of commissioning of the new large scale Concentrator Plant later this quarter.

"The Concentrator Plant construction has accelerated rapidly following delivery of the bulk of the structural steel and is scheduled for mechanical completion this quarter. The contractor, allmineral Aufbereitungstechnik GmbH & Co. KG ("allmineral") of Germany, is on a fixed price fixed schedule contract and whilst there has been a delay in the delivery of steel which has had a negative impact on the schedule of the Jig and Mill and Concentrator Plants, there is no adverse impact on budget as the cost of the plants are fixed. Overall the project continues to track below budget including contingency."

[jaf1948] 16/4/2019 07:08

salram99, You're right in both your posts.

[sairam99] 15/4/2019 21:45

This share has not even started to motor yet, i think we will be looking at new highs
quite shortly.

[sairam99] 15/4/2019 21:41

Jag I can see you are responding to Platt, just filter him, most people
have.

[plat hunter] 15/4/2019 21:13

That's true JAF; however, if you want to be pedantic, I didn't say by which weekend did I?

.45 will come here again you'll see

[jaf1948] 15/4/2019 20:03

Plat,

You didn't say it was going to change during the week. You specifically said that it would be 0.45 by the weekend. If you are going to post lies, make sure you edit your earlier posts. You said 0.45 by the weekend and was 0.53 at the weekend.

You posted at 11:16 a.m. on tuesday April 9th. If you look at the trades as recorded on ADVFN, there were NO trades last week after that date at 0.43. So that's another lie.

BTW, I have noticed that when anyone is silly enough (like me) to try to have a conversation with you, you always have to have the last word. So no doubt you will post something now but whatever credibility you had (which was minimal to be fair) has gone because you cannot even admit when you are caught out.

[plat hunter] 15/4/2019 19:55

JAF you keep banging on about .45 but it traded at .43 last week you goon.

Keep clutching

[jaf1948] 15/4/2019 19:47

Plat Hunter 15 Apr '19 18:33 "It's odd how I've called this bang on every single time."

Plat Hunter 9 Apr '19 11:16 "Back down to .45 on the bid here by weekend."

Bid at the weekend was 0.53.

You are hereby 'proved wrong'.

[plat hunter] 15/4/2019 18:33

Back to 0.49 soon

It's odd how I've called this bang on every single time. Still, the longer I'm here the more chances there are to prove me wrong I guess.

Gl all

[excellance] 15/4/2019 12:43

Disappointing start to the week, but picking up now...

[excellance] 14/4/2019 19:59

Looking forward to a spectacular week ahead.

[plat hunter] 14/4/2019 11:22

I've always said it's very rational, mature and level headed, to make investment decisions based on, individual internet forum personalities lol

[cpap man] 13/4/2019 15:43

Colin Bird



dmitribollokov12 Apr '19 - 09:30 - 982 of 997

ha yes - Colin Bird basically had a success 10 years ago with a copper mine that he sold for $260m to First Quantum called 'Kiwara'. He has used that as the basis to waste a similar amount of money in various different vehicles, whilst drawing huge fees and salaries. At JLP they used to claim to not receieve any cash salary, meanwhile had a vehicle called Katlego that they owned which received $'000s of 'consultancy fees' (Bird, Coetzer and another director), you used to be able to google search it and it had a website - all of CBs company's were listed as 'clients'. Once it was pointed on the bulletin board and people became aware of it, all trace of it disappeared from the internet. Absolute bunch of crooks. There is always a fresh batch of bright-eyed baby seal investors for them to club unfortunately. I'm sure half the people on the JLP bulletin board work for the company...

Current Colin Bird related companies (not exhaustive) either board member or chairman...

Bezant Resources
Tiger Resource
BMR Group
Lithium Chile
JLP (lol)
New Age Metals
Revelo Resources Corp
Xtract Resources
Polar Star Mining
African Pioneer
MIT Ventures
Bushman Resources
Lion Mining Finance
Lion Capital
Gallileo Resources
Glenover Phosphate

Have a look through the annual reports of these companies, look at what they are valued at and look at what the directors take out in salaries/fees to affiliated companies.

AVOID !

Then look at the management we have here, the skin they have in the game, their pedigree and the enormity of the potential asset - including one that is now producing - albeit in a small way.

Thanks for providing a comp to showcase why this is a great investment Sleeven...

[plat hunter] 13/4/2019 13:10

I like tin pot outfits Excellence

[excellance] 13/4/2019 01:18

odd

plat hunter posting on a tungsten board?

theres only one place to get exposure to exponential pt exposure and it aint here.

[plat hunter] 12/4/2019 22:39

It's no use ALBTM, you can never be right in these forums and if you agree with someone unpopular then you must also be them.

They're a strange breed

[alittlebirdtoldme] 12/4/2019 22:09

Wrong tree Jaff..

I bought back in here at 0.45 weeks ago, check my posts. Mr Hunter was right about this and I made money on it.

Calling you out for being vexatious doesn't make me an alter ego. Why did you start posting about Plant Hunter like that, if you're not a little rubbed up?

He's been nice enough here... You're just asking for a row

[jaf1948] 12/4/2019 20:46

Alittlebirdtoldme,

On the 'infinite monkeys' principle, if a person posts enough, sooner or later they will make a correct prediction. Since you and Plat (or are you the same) are not authorized to give financial advice, I did not follow your ramblings.

I am making a profit on WRES. That was my objective and I am succeeding. If making a profit is being 'hammered', then I'm being hammered.