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TT
ORM is a lot further down over the same period.
Think yourself lucky that WRES owns 100% of LP, has other assets and is mining ore, not dirt. We will be making profit from LP, while other W mines are being mothballed or going bust.
LP WILL be a money fountain. You only need one money fountain.
You just have to wait for it to be turned on.
I tell you, it's hanging on for my April 2020 ISA top up....;-)))
Another red day....MCAP now below 25M
Absolutely! same time last year we were at .425p, now supposedly about to become a proper business selling stuff and turning a profit we are stuck at .405p and recently even lower!!!!! Not good Michael. Where is the gold news? What's happening on the ground in LP? More delays? Missed deadlines and promises? Business as usual here at WRES then.
RED R
Looks like you have changed the price you rascal:-) Didn't happen with my 250,000 earlier. Not complaining tho. Onwards and skywards for a change. ATB
Tucked some more away for those winter months. Soon be Christmas!!
Moving closer to the 52week low.. surely if everything was going well we should be at a 52 week high.
Waiting game nearly over everyone ,and the shiny stuff could be about to surface too gla!!!:);)
Now then tonna me old mucka! You bought your farm yet?
Tonnacombe knows a little Swahili. A lovely little language with words that mean many different things. Sorry Safety. P.S. it means thank you very much.
Oldie, your being a bit esoteric there me old sport. I won’t say that again, in case I get chucked off me Council estate.
Tonnacombe, I had thought you to be unicorn, a myth promulgated by Kev. To be fair though you have posted before. Thanks for making the posting, as a notifiable shareholder your going below threshold can sometimes be a tool for trolls. So putting that to bed is good. I wish you very well with your investments, particularly this one.
Annoyingly never got sent it
Asante sana.
MG - new broker note is here https://tinyurl.com/y3wvqvzc
Agreed Kevin, sometimes enthusiasm for your investment gets the better of you, post Brexit, when people work out the worlds not ending, and liquidity returns to markets this flys, I may have dipped below notifiable for the moment in my share holding, however, I am riding 73m warrants too, and if investments elsewhere do their thing and timelines align I’m hopeful of exercising them without selling any, which easily exceeds my previous holdings.
Risk reward ratio here is improving all the time now, we really shouldn’t be down here, although that statement applies to several shares atm I don’t believe we’ve been singled out.
Rumours of another broker research note imminently, will be interesting to get their thoughts on future price projections, I’m expecting it too be north of shard, anyway thought I’d say high, keep the faith, our time is coming.
Kev ,I see your point there ,indeed I shouldn't be looking at short term movements myself most of mine are long term in an isa ,news will lift this shortly but will only be the start as continued revenue will certainly put this on a different scale
Cookie, I have no idea about short term price movements, which is why I don’t trade!
The great thing about having bought in as much as I could, and sometimes more than I could, over the years, is that I can sit back and watch the sp do its thing now. Over time, this will be my big winner.
You only need one money fountain.
Kev,well said this is about to move ,there won't be many days left to get in at this price ,med/long term this is heading 1p+ imho
The CEO buying 10m in the open market, even though he already owns over a billion shares, was a very clear signal to the market that we are breaking through to production, without a need for additional funding.
Setting up his tax affairs to mitigate the tax take on transferring the 15m into his pension is a clear signal to the market that he is aware of the possibility of a rapid rerating of the sp in the near future.
The TP note lays out the potential for massive profits in the next couple of years. $67m in ebitda from LP alone!!! That is nearly three times the current mcap!!!
Trolls made an excellent job of beating the sp down. Nasty work, but the opportunity was there for anyone who could see them for what they are.
Not many days left to get in at this price, in my humble opinion.