W Resources Share Discussion Threads

[rodrod1] 09/9/2017 21:34

Barony - the plan is to float the gold asset. with Gold increasing, the timing could be quite fortuitous

[happyholder123] 09/9/2017 11:41

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[barony] 08/9/2017 13:40

Are we selling the Porugese gold mine or not?

[keya5000] 08/9/2017 12:13

Looking very good here, metals well up, project coming to fruition, it's taken sometime and suffered dilution but this could be one of the few projects on AIM that reaches meaningful production.

[blackbear] 08/9/2017 12:02

Big buy order in the system - mcap still only 20m

[denjon] 08/9/2017 11:55

Hmmm! .41/.42 +.025 = 6.4%. News expected next week? This should clear out quite a few sellers and hopefully bring in some new investors...

[blueball] 06/9/2017 21:22

Double top..?

[barony] 04/9/2017 14:55

Looking good here.

[sleveen] 01/9/2017 16:05

rod

The funding would have to be obtained first, the plant built and employing locals THEN the Junta would visit and assess the employment level and then award the grants (in all likelihood).

Agree the off take agreements would certainly boost the chance of funding being obtained.

[bullster] 01/9/2017 13:15

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Thank you to BIKWIK.


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[cpap man] 01/9/2017 12:36

Some outstanding charts and analysis on WRES over on the excellent chart thread run by BIKWIK

[rodrod1] 01/9/2017 11:52

I agree sleveen. However, the grant decision will assist WRES with its final round of financing negotiations. So will any off take agreements signed up ahead of finance deal. if news of floating off the gold resource arrives, then the recovery in the share price will not be just reliant on Tungsten price continuing to climb.

[sleveen] 01/9/2017 11:38

wilbury

You are correct.

[cpap man] 01/9/2017 10:30

WOW what a lovely looking chart @ WRES

[denjon] 01/9/2017 10:20

Production is due to begin 4th qtr 2018 but hopefully a grant of some sort will be approved this year. Should be a fair number of EU employees so that would be favourable to the application. Time as ever will tell. The waiting is awful!

[marvelman] 01/9/2017 10:15

Submitted on 17th May. No urgency should be expected to be shown by our EU masters. Although the grant would not be paid out until investment is finalised the decision (sometime after many lunches and dinners) could be made at ony time now.

"Over the next three to six months the Government will evaluate the full application and (if approved) determine the percentage of the EUR19.5m package that they will fund, which could be up to 30% of that amount"

[wilburylover1] 01/9/2017 10:06

I didn't think the grant would be paid until the workers were employed and the mine was up and running.

[denjon] 01/9/2017 10:05

Good to see such a tight spread for a change; MMs are feeling the heat and being very competitive.

[denjon] 01/9/2017 10:01

Yes that would be good unless the Brexit factor affects it. They might not be happy to pay out but should honour it if it was made a while ago bearing in mind the mines are located in Spain and Portugal.

[marvelman] 01/9/2017 09:58

My 1,000,000 added at 43.4 shown as a sell. Very tight actual spread..

[marvelman] 01/9/2017 09:36

We should remember that WRES applied for a grant a while back from the bottomless bank of the EU. That could be granted any day and what a bonus that would be.

[denjon] 01/9/2017 09:26

Strong buying interest continues. The debt financing deal is due early in 4th quarter October, but could happen later this month so possibly a good moment to take a position/top up? Now 43/44, tempting for recent buyers to sell though. Still the .5p barrier is looking possible next week.

[runwaypaul] 01/9/2017 09:25

:)
class is open.

[purple11] 01/9/2017 09:24

that'll be another win then...

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