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But pls don’t think me ungrateful, each bag we ship is a bag less of finance we require, just want some proper accounting reporting done. In reality 150 is not ok but our expectations have been lowered so much and I for one am settling on 150. If I wasn’t so desperate I would say that without April we should still be hitting 200 for it to be ok (but I am not changing prediction, merely commenting on how low my expectations have fallen)
Dreamy
I agree, clarity is important and so is comparing like with like.
We don’t have long to wait now to find out if things have been going significantly in the right direction, or not.
Thanks GIT, I just feel that when you give shipment figures for the next quarter you are masking the production numbers and you mask numbers because of failings (including failing to meet expectations). It doesn’t fool anyone and puts off investors. It isn’t rocket science. In Quarterly statements the numbers should be about production and shipment in that quarter, if he then wants to talk about anything outside of that quarter that’s fine but clearly identify it (and don’t double count).
Best case they do their job and act like a company worthy of investment, worst case they give us another RNS like the q1 RNS.
Dreamy
I get where you are coming from mate, to me what really matters is how much we are producing each week now and that we are at or at least close to hitting the 80% production level that MM said we should achieve quickly, if, we are now producing circa 40 tons per week then we will be a long way towards providing the proof that is needed to enable us to refinance, and then we will see a substantial rise in the valuation of WRES.
Hey big spender....MM sure enjoys making us suffer, but bear in mind last quarter he also talked about an announcement in month and we didn’t get it till 17th (and that wasn’t a great RNS).
He could be pulling the same trick so maybe waiting to squeeze one more shipment, from q3, into the Q2 statement. We should know by cob Friday. It just doesn’t feel very professional and I hope I am wrong but I feel a quarter statement should be for that quarter and not quarter plus. Now I may forgive him if he shows production numbers for the first couple of weeks in July to show a pattern of sustained increased production but wouldn’t be impressed if he simply does the same trick of showing shipping up to first 2 weeks in July as that wouldn’t address our concern that production is increasing sustainably at a faster rate.
MM, start acting like you are a Rolls Royce salesman and not a dodgy second hand car salesman otherwise am going to start calling you Arthur Daley....