W Resources Share Discussion Threads

[jaf1948] 13/2/2019 13:26

Along with your many other faults (the top of the list being lying), you clearly do not understand (or deliberately choose to misunderstand) financial information in a company that is going from development to production.If WRES is not for you, I quite understand. Michael Masterman is marmite - a saviour to some, a liability to others. However, you ruin your own case by making up 'facts' as you go along - no, I am not going to list them. Hartlepoolbob is hardly my best mate from the other board but I totally agree with his last post.

[plat hunter] 13/2/2019 13:16

I'm basing WRES today on how much debt they've drawn down, how many warrants they had to issue, their poor balance sheet, no meaningful production and Bi Annual placings to keep servicing third party agreements.

As you say it's all there for everyone to see. Sells consistently out weighting buys by 5/4 with volume getting worse and worse.

If i was the only one who didn't get what was going on here then I'm pretty sure the share price would be well over 1p which is were most of you thought it would be by now.

[jaf1948] 13/2/2019 13:09

The last published consolidated statement was for the 6 months ending June 30th 2018. At that stage, the company had no production and no income. Unless you have access to documents not yet issued by the company, those are the most current available.

If you are basing WRES today on that document, no wonder you do not understand the financial position and maybe that explains your doom and gloom.

[plat hunter] 13/2/2019 12:24

Lol...

have you seen the balance sheet here and the plant specifications.. you're going to lose all your money again Krypton

[kryptonsnake] 13/2/2019 12:05

Platts,

I bet you thought Jubilee would be above 5p by now

You've been ramping that for 6 months yet the share price went from over 3p down to 2p. I'd call that a bad performance but WRES has gone up since I bought in

[plat hunter] 13/2/2019 11:55

Hand up who though this would be above 0.50 by now lol

[plat hunter] 12/2/2019 18:52

Lol i meant penny not pound, predictive text on my phone.

Calm down Bob you maniac, why you so upset, surely you're happy holding here?

[hartlepoolbob] 12/2/2019 17:44

You’re a liar son, a cheap an nasty liar

[plat hunter] 12/2/2019 17:38

Bob who's your case here if all you can do is pull up typos lolRemember when this was over a pound?

[hartlepoolbob] 12/2/2019 16:55

It’s weak !! Dunderhead

[plat hunter] 12/2/2019 13:34

Worrying balance sheet with week fundamentals...

This company will go to the wall if it doesn't hit what they've said they will and the plant is only half the size it needs to be for one...

[plat hunter] 12/2/2019 13:33

Worrying balance sheet with week fundamentals...

This company will go to the wall if it doesn't hit what they've said they will and the plant is only half the size it needs to be for one...

[sleveen] 12/2/2019 10:14

WRES from 17mins.

[sleveen] 12/2/2019 10:14

From 17 mins

[rodrod1] 12/2/2019 10:09

Some good figures given in Vox podcast today

[plat hunter] 12/2/2019 08:34

*Edit Tungsten

[plat hunter] 12/2/2019 08:32

Contractually reliable is one one thing but it doesn't negate the fact that it won't all be built and operational within the next 6 weeks, let alone fine the first fine Tungsten being produced by end of Q1.

There's clearly delays here yet everyone is whisper quiet hoping that people won't notice.

[sleveen] 12/2/2019 07:52

The bulk of the equipment for the Concentrator including the shaking tables are on site and shipments of modular spirals from Australia arrive in early February. allmineral Aufbereitungstechnik GmbH & Co. is contractually responsible for the on-budget and on-schedule completion of the Jig Plant and the Concentrator and the continued delivery of structural steel deliveries for the Concentrator is key for plant completion.

[plat hunter] 12/2/2019 07:45

Concentrator still hasn't turned up yet.. don't believe me then send Masterman an email.They're purposefully keeping news of delays from investors here.... Why?

[plat hunter] 10/2/2019 19:38

Don't give that which is holy to the dogs, neither throw your pearls before the pigs, lest perhaps they trample them under their feet and turn and tear you to pieces.

[plat hunter] 10/2/2019 16:58

Not here Chief, that's for sure..

Keep a look out as there's plenty of sharks in this bay

[chiefbrody] 09/2/2019 15:08

Is there ever an RNS where gazillions of new shares are not issued..

[plat hunter] 09/2/2019 09:41

BID down to 47 now... Ouch indeed for anyone who bought in on the last RNS.

[plat hunter] 09/2/2019 09:22

47 on the bid... I missed this yesterday as was busy but lol Krypton, this is not going to plan is it?

[plat hunter] 09/2/2019 09:20

And down a little bit more again.I wonder why there's all this selling