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All the info,is about,in the box with these letters...RNS
atvb.
Furthermore. Has has already been touted on here. The administrators proposals were published on 9th March and deemed to have been approved. Its all here on Companies house FFS
https://find-and-update.company-information.service.gov.uk/company/04782584/filing-history
Perhaps the assets will be sold, it really doesn't make any difference. Blackrock alone are into them for $92m......
Even the fat lady has sat down after her recital.
You really are useless. Only you would post a link to where you were in the first place.
Its gone bust, shareholders are getting nothing. What is it that you don't understand about this. zilch, zip, nowt.
31 jan on bigevi's post......we should find out,the outcome....of the administration proposals....
https://www.lse.co.uk/ShareChat.asp?ShareTicker=WRES&share=Wres
possibly,this month
Not lost a bean here. Never invested. You won't be hearing from the BIG losers, too ashamed have overly encouraged people to invest in what was a dog.
Sorry you lost a sizeable amount OMR
Just for a laugh (oh, my side's are splitting), let's have one last round up of us Wreslers misfortunes, not by guessing this quarters tonnage, ZERO obviously, but by listing our losses, call it cathartic shall we? Anyway, 1st place is assured by..
Blackrock..... 92m (can't remember MM borrowing that much)
M Masterson...., who knows how much, might he join in and tell us?
Old Muvver....sh*t, getting on for £150k, but on the bright side, the state pension goes up next month!
If any others still bother to look in on this BB, please feel free to share your pain and misery with us. Goingunderground, you as well.
I would like to think that following on from this that Masterman is banned from being a director in any company for life. Rarely have I seen a company that borrowed so much and achieve so little, he certainly make blackrock look poor, and that takes some doing! Sad for all shareholders but lesson learnt, onwards and upwards.
scroll above,then to the left....click onto the letters RNS
its all in there bud,no secrets or disnformation.....just news
its that easy to find news/facts
or on the flipside,twitter.lol.
Here you go Troajan
https://wresources.com/
It says they are building one of the worlds largest tungsten mines. Must be good then eh ?
Every cloud has a silver lining !
BlackRock has taken a $92 million hit on the collapse of W Resources, a mining company listed on Aim.
The investment company has crystallised the loss after W Resources fell into administration in January following increases in the price of liquefied natural gas (LNG). W Resources first secured funding from BlackRock in 2018 to finance its La Parrilla tungsten and tin mine in southwest Spain.
The mining company faced headwinds from 2020 onwards when its production was affected by plant closures. Government officials told the company that it did not have the right licences to keep operating. The La Parilla mine, about 115 miles north of Seville, was then knocked by a substantial increase in the price of LNG from 2021. A report from W Resources’ administrators said its gas prices jumped by up to seven times.
W Resources, which listed on Aim in 2011, suspended its shares on April 5 last year.
BlackRock called up its debt by issuing a notice of events of default to the company through its security agent GLAS Trust Corporation. It took steps to put the company into administration and engaged FRP Advisory to handle the process.
The advisers were unable to trade the business through the administration and could not secure its sale as a going concern. FRP Advisory concluded it was unlikely that any dividend would be paid to BlackRock from the realisation of W Resource’s assets.
cheers
we find out,next month,the outcome,of the administration plan/s
the debt to blackrocks in the rns's,obviously,interest added
the kremliners,probably,cant read the rns's,unless its on twitter
He will say its left wing extremism and mis-information (Just spelt wrong)
We might even see Troajan admit defeat after reading the Times article.
BlackRock hit for $92m after collapse of miner
https://twitter.com/DavidBurton1971/status/1637697201424957441?s=20
cheers wilbury,but its the installing them,i cant do....techy isnt my thing
like this,add to chrome,what the hecks,add to chrome?
https://chrome.google.com/webstore/detail/adblock-plus-free-ad-bloc/cfhdojbkjhnklbpkdaibdccddilifddb
I use two adblockers and seem to work ok Troajan one is Adblock Plus and the other is Adblocker Ultimate lots of companies don't like them like I said they work for me.
wrong board.
failed to install the first 4 nom.
tried for 20 mins to install the last one.....all the adds are still there
why is it so difficult,for peeps with no techy skills
the computor chap,doesnt seem to want to turn up,so i tried myself....unsuccessfully,as usual
Thanks for the sympathy L200, but not required, my decision and my loss ( not the first time). It’s not nice to lose money, but I have a feeling I will survive.
Normally, I don’t put much in higher risk stuff. and have done rather well on playing in the blue chips. So don’t think I will play in the AiM again…. mind you never say never…..
try twitter....just down your agenda street
I'm waiting patiently for the Interactive Investor video. I'm sure Troajan will post a link ;-)
Going, i feel sorry for the likes of safetyman who is a genuine guy who got sucked into buying more shares by K3VMC and GETINTHERE, " i am here for the dividends " was one of k3 's.
Troajan on the other hand is harmless.
Maybe you should take heed of the "Clowns" Loser.
me too,i bet mm is well n truly gutted.
in the early days,think he had almost 70% of the shares in issue,when the mcap,was over £50 mill.
but arnt we all.
except the clowns