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oldskool
"Blimey, further dilution (more to come too), figures looking a bit poop (500k per month outgoings will have seen off most of that 1.8million in June)."
Well, little income and ramping up costs make that a very logical statement.
"Still awaiting commissioning."
First ore in the next two weeks. I think I can just about manage two weeks, after several years.
"Yet still people are happy here."
Some are, some aren't. The ones I know and trust are. Also those I know and trust who don't post on here. There are the obvious fakes, of course. They are distraught, as you would imagine.
"Blimey. Investors have just been diluted further for a fully funded under budget mine that MM borrowed more than required in the first place."
Yes, the plant build was delayed by about three months, so lots of expense and little income - try to keep up!
"This board needs to go back to veg, allotments, fancy dress, holidays and glod. At least the BB was fun."
I agree. the glod old days. "
Stone wall do not a prison make, nor iron bars a jail, but only thinking makes it so.
"Sad times. One point for md is with all this money lining up what is to stop MM taking this private? That is a rhetorical question as the answer is....he could."
DO you really believe that he could do that??? I admit, it's a long time since that old chestnut was wheeled out. All credit to you!
"The SP has not reacted to the news has it?"
No. not really.
"Outside money lining up. MMdiluting himself again."
Read the RNS. He will be holding his corner, with the same PREMIUM consideration.
"It is always not what is said but what isn't said with MM."
Absolutely true. I am sure there are many things he would love to tell us, if rules allowed"
"Some people still dont get confirmation bias."
I'm sure you are right. Others don't believe in trolls - go figure!
"GIT you still talk bland carp."
I like GITs postings. Plus I have met him several times and know that he is not a fake and a liar, so all good!
"How is your stopped clock looking?"
The old jibes are the best, IMHO, especially the facile ones.
GLA
Oldskool
I had unfiltered you because others posted that you had sold up and left the board, unfortunately whilst the first part of that may be true clearly in posting the way that you have you have simply reinforced the very low opinion that I already had of you.
Don’t bother responding I am filtering you again, you see I sussed out what your true personality is like and I really have no wish to hear anything from you ever again.
Goodbye.
Blimey, further dilution (more to come too), figures looking a bit poop (500k per month outgoings will have seen off most of that 1.8million in June). Still awaiting commissioning. Yet still people are happy here. Blimey. Investors have just been diluted further for a fully funded under budget mine that MM borrowed more than required in the first place. This board needs to go back to veg, allotments, fancy dress, holidays and glod. At least the BB was fun. Sad times. One point for md is with all this money lining up what is to stop MM taking this private? That is a rhetorical question as the answer is....he could. The SP has not reacted to the news has it? Outside money lining up. MMdiluting himself again. It is always not what is said but what isn't said with MM. Some people still dont get confirmation bias. GIT you still talk bland carp. How is your stopped clock looking?
Oh come on, stop being so melodramatic! Things are SO bad that some investors have been prepared to invest millions at what was a 33% premium at 7am.
I can't believe some of the tripe that has been written on here today. I've been here since 2012 and I know some of you for longer even than that.
We have been let down by a supplier resulting in a few months delay. Clearly that is going to cause a short term cash issue as there is no turnover to cover operating costs. Big thrill, **** or get off the toilet.
Pete it has been delayed and that has cost us dear. However, it has not been abandoned. At some stage in the future we will be at full production. I am frustrated (and a little nervous) like many I guess. This thing will work eventually and the sp will reflect the value of the company. Final commissioning is underway. I am fully expecting further delays because a bolt has broken, or a belt has sheared or a fuse has blown. It's in the nature of these things. One day Wres will be churning out tin and tungsten concentrate in very large quantities and I am prepared to wait. I just hope, when we do start producing large quantities the sp will reflect fairly the value of this company unlike the low figure we see at the moment. Good luck.
Pete, I can't remember exactly what they were, but certainly a lot higher than will prove to be the case.
The mine has been delayed.
I still feel like I’ve had it up the rear without a reach around
How can we be suddenly going to need the 1.8m in the bank plus another 3m just to stay afloat? As jaf says, it’s either incompetent management or duplicity, no other way. Silly me for thinking that we were ‘past the post’ what with a complete world class mine and being on the cusp of the cusp. Turns out we were on the cusp of bankruptcy. I got it wrong, DB and jaf have been proven right, and that’s despite trying to keep my expectations way below the rampy carp of Kev et al (remind us, what were your predicted outputs for August and Sept?)
Sold 1m in anger this morning, sadly missed the spike. Let’s hope we do actually get a spike on the gold so I can offload the other 8m
It’s great here...if you like it up the bum. Repeatedly. Over several patient years
Nearly there, just another 12 months to go
I still feel like the only tree in a dog park but figure that they wouldn’t have brought these investors in, whether it be because we had to in order to grease the wheels or because it’s friends and family affair, until the very end so here is hoping