Share Name Share Symbol Market Type Share ISIN Share Description
W Resources LSE:WRES London Ordinary Share GB00B0358H47 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005p -1.39% 0.355p 0.35p 0.36p 0.36p 0.355p 0.36p 22,148,858.00 11:29:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.1 -0.6 -0.0 - 15.48

W Resources Share Discussion Threads

Showing 11826 to 11849 of 11850 messages
Chat Pages: 474  473  472  471  470  469  468  467  466  465  464  463  Older
DateSubjectAuthorDiscuss
24/3/2017
09:16
Barony, I challenged sairam99's statement that WRES would be able to build the new plant and aims to be debt free, not that it would further dilute. However, since you raise the prospect about further dilution. I can confidently claim that there will be another placing in the next 6 months. How many placings have occurred in the last 5 years, must be double figures by now and with no cash generation to show for it in all that time.
sleveen
24/3/2017
02:00
i fear that WRES may hit 0.3p before bouncing back up. hopefully wont be below 0.3p. saw the technical chart somewhere in twitter (though may not be accurate) hopefully RGM and JLP will bring some profit for me to come back here in summer
nash81
22/3/2017
23:34
But not dilution!
barony
21/3/2017
07:45
lease finance...debt by another name.
sleveen
19/3/2017
14:12
Big plant mfrs. often provide lease finance for their kit. No need for business loan and certainly no need for any other means of raising funds.
barony
17/3/2017
09:26
Arree timelines are often missed by mining companies. With all the plant needed how is that being funded without debt? More placings? POW needs to double from current price before this makes investment sense. As I said yesterday look at WLFE with its issues :large debt being one issue. Answer this one question, if WRES are aiming to be debt free how is the plant being funded if not by (at least in part)debt?
sleveen
17/3/2017
05:55
No, I am invested in Wres, but am quite happy with the progress. Take a look at their website it tells you everything you need to know. Welcome to the real world , timescales are not always possible to be kept.
sairam99
16/3/2017
16:21
sairam99 Member since: 16 Mar 2017 Are you employed by WRES?
sleveen
16/3/2017
13:51
What do you think "vendor financing" means. For a new crusher , and jig and mill, a new concentrator. But like WLFE all these new plants will need optimising, which means that early costs incurred will be greater than revenue. Go back to 2014 and see how much "profit" was being made on the tailings processing(when W price was higher). WRES stopped producing concentrate recently because the mobile concentrator was not working as desired hence the need for a new bigger concentrator. This means that the WO3 concentrate produced would not cover the cost of production. The prelims are due in about a month all the above will be revealed in the figures. IMHO.
sleveen
16/3/2017
13:39
Really ? Wres is positioning itself to have no debt, reduced costs of production. Wolfe is swimming in debt, I would rather be in Wres all day long.
sairam99
16/3/2017
10:59
Take a look at WLFE interims today. $11m revenue v $39m costs. Terrible. WLFE does have its own issues but the above is broadly going to be the case for WRES (obviously not on the same scale) IMHO.
sleveen
16/3/2017
08:46
Take a look at the Jan presentation and see how much more funding is required to get to peak production and the time line. $10-14m and 3-4 yrs. WRES are struggling to raise $2.4m for the first new plant ie the crusher, which was meant to be installed by end 2016 if memory serves.
sleveen
16/3/2017
08:41
Been sinking since mid October. Heading to 0.30p ? More fundraisings to come ? Worth holding - not for me.
tyranosaurus
10/3/2017
16:00
MarvelmanHas mastermans % gone up or down?
mrs robinson
10/3/2017
13:36
That is the burning question.
sunrise1408
10/3/2017
13:34
If you split wres into 2 companies,will you give shareholders the same options as your directors & yourself?
sunrise1408
09/3/2017
09:21
Construction of the plant remains on track at La Parrilla and we are now in a position to order the crusher, jig and mill... So the plant hasn't even been ordered yet, hence end Q4 2017 for initial W production IMV. Note INITIAL production, ramp up to the tonnages in the recent presentation will take much longer. IMHO.
sleveen
09/3/2017
09:06
"In order to advance the development of the copper and gold assets, and advance the purchase of the La Parrilla crusher and jig/mil" Clearly,most of this is to bolster up the finances of the tungston operation and the gold/copper carrot is just a smokescreen. Once again, the share price has been managed to ensure the best entry point for Masterman to buy another chunk at a discount and increase his holding.
marvelman
09/3/2017
08:38
The lower the better for Masterman
marvelman
09/3/2017
07:59
At the last announcement the share price was around 0.5p, they should have placed (at 0.4p?) then rather than wait until now and place at 0.35p. At the time I said they should have done a placing rather than mess about with a convertible. Are management AIM savvy?...I think not.
sleveen
09/3/2017
07:58
Damp squib
gottopickapocketortwo
09/3/2017
07:54
Yes, this company is all over the place. No tungston production until second half (if that) and now looking at some spurious claim to have workable gold and copper. Masterman setting up oil companies as well when this one needs plenty of attention. This isn't going anywhere now.
marvelman
09/3/2017
07:44
Bingo...a placing is announced.
sleveen
01/3/2017
09:06
news needed , now sron floated had hoped for wres news even if another placing . if followed soon with good news like the potential at at wres thats why i still hold in the hope the placings may end or less may be seen if wres soon producing at a good level
cautoussid
Chat Pages: 474  473  472  471  470  469  468  467  466  465  464  463  Older
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