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oldskool
" It would be nice if MM told the market if there was compensation and how that looks, as there have been a number of months to progress this."
I know you claim to e a good reader, so please read this again.
Safeyman
" At the AGM, when asked MM said that this was subject to the terms of the contract and was commercially confidential."
Not all that difficult to understand.
Anyway, you have no holding here, so you have absolutely no need to worry!
:-))
Redress and compensation can have very different outcomes. These two words are not interchangeable in this context. I stick with my thoughts that any redress, if there is any redress, (K3 uses the word compensation) is likely to be many many moons away. It would be nice if MM told the market if there was compensation and how that looks, as there have been a number of months to progress this. Hopefully in a civil manner first and thereby avoiding things turning nasty. Legal process can be a very long journey at the best of times, and I would expect even longer when one considers that the two parties operate in different countries. Prolonging (some may say dragging out) due process is not uncommon in court cases (civil and criminal)...it is a dance. A very long dance. Makes for good theatre, if watching from the sidelines. Not so much fun if you are one of the parties involved, especially the aggrieved party.
Oldie, in the RNS for the concentrator contract it states that it is on a fixed schedule contract. Hence, redress if not meeting with schedule is implied ( albeit not explicit to what form that is). At the AGM, when asked MM said that this was subject to the terms of the contract and was commercially confidential. So somewhere along the path there will be something positive to put in the project, however, that is probably woven in so as to not be a sudden big hit to all mineral- it could turn out to be money, or extended maintenance over time. Whatever it is, it will constitute positivity. Also GIT has never smoked a pipe or anything else, he has however, gone into arduous effort to help others. It is appropriate to have respect for him.
'Oh well never mind nothing posted on here really matters much anyway'. Said GIT. Brilliant. Finally a pipe smoker sees the light and acknowledges that 'trolls' do not affect the SP. GIT, you have gone up in my estimation.
K3. I read well, all day some days. I have not seen the Allmineral contract so any clauses or compensation options remain unknown to me. Have I read the word compensation in any RNSs? I dont recall it. Eitherway, any compensation is a long way away if Allmineral have a good legal team.
Sorry GIT, I have never been the soul of discretion and as I'm now being transported to the Tower of London accused of high treason, once my head rolls, i shall speak forth no more any utterances of a defamatory nature. As it happens, I'm sat here with a few other posters of ill repute facing the same fate.
OMR
Just caught your post before leaving home, shush for goodness sake don’t post things like that !
I can obviously neither confirm nor deny your comments !
Ooops, is that a law suit I can hear coming my way??
I think I know who you're alluding to as he has been in the news a lot recently so I'll name them, Prince Andrew Albert Christian Edward Windsor. Am I right?
GIT, I also think that very few people will know, but you have to be aware that wres and its shareholders have enemies on this board. Real, live enemies, who will use any snippets of information to harm us.
Kev
I purposely did not, and would never, name the individual, so I’m sure that very few people would be aware of who I was thinking it was, and I’m equally sure that none of those people would divulge any holders identity on here.
But fair enough maybe you know more than I regarding the individual, who, by the way, I sincerely hope is doing ok.
GIT
“I am not prepared to say who, but, I am 99% sure that I know who the background seller is and that he / she is selling because he / she has no option but to do so due to personal reasons.”
I’m not sure you should be making these statements in a public forum, but since you already have, then let me reply that our understanding differs.
Ignore him. Full of waffle and vague statements. GIT likes to shout (he has already thrown names at you), it is where the weak hide. You cannot reason with someone who believes Wikipedia is a good starting point for research.
OMR
If it is the person I believe it is, then they have a lot more to worry about than WRES and us, the other shareholders.
I wish I didnt hold shares in here, I'm sitting on a big loss at the mo.
Eh?
Joey,
Oh dear, your response really says it all, clearly you don’t hold shares here, and you don’t know any large shareholders personally, however you are clearly highly qualified to make crass and stupid comments.
Mate, I could ask you the same questions. You spend a lot off time typing ****e on here, you obviously have a very sad lonely life sat at home in front of a computer wishing you had some friends.
GIT, if you're confident you know what you know, can you ask the person in question how long it will be before they are in a more comfortable financial position because they are not the only ones hurting here? As a mate like :-)
Joey
Pray tell, how long have you been invested here ? How many large shareholders do you know personally ? What qualifies you to make such crass and stupid comments ?
Did you get your name from the guy in friends ? Is that the level of your intellect ?
There’s no single ‘background seller’ lol you two don’t have a clue what your talking about. You sound like a couple of kids telling tails
I am not prepared to say who, but, I am 99% sure that I know who the background seller is and that he / she is selling because he / she has no option but to do so due to personal reasons.
I think we may have bottomed out for now, hopefully some good news will come our way soon
Bounce to day i feel.....but that back ground seller is a pain in the B>T...