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Linda Popodopolous, a psychologist, is on BBC 1 at the moment and has just described what a troll is, and how they behave, - I immediately recognised the similarities with one or two posters on here !
She’s good !
DB the supplier caused the project to be over three months late.
I think even the very disappointed shareholders understand why the budget ran out, even if you cannot.
European
If as you have stated he is going to make the two Spanish investors who are buying in at 0.5p, richer, then like me, you must believe that WRES will succeed.
Onwards and upwards, even if unfortunately delayed again thanks to the concentrator suppliers.
When K3VMC says; "Those terms are confidential“. He is correct, Masterman stated this at the AGM, they are subject to the contract. So whatever the compensation to a Wres is, we don’t know what they are, but they do exist. They will probably take a time to get. In the mean time it’s a good time to buy under.5 imho. Someone(s) who lives near by certainly think so.
DB
“Those terms are unlikely to exist. Stop kidding yourself.”
This was discussed at the agm, in front of the auditor, brokers, pr and shareholders.
European
“now masterman is preferring to make rich spanish families even richer and not considering loyal shareholders”
The new Spanish NEDS were out in place for their links to Spanish funds. Now they get their turn to play, at a very decent premium. This is in stark contrast to Miton, which “managed to take advantage” of a steadily declining share price, to buy in cheaply. I feel much happier with funds at a premium, from a body that will not have to sell out, if their investors start asking for their cash back.
Anyway, we get to buy in BELOW 0.5p. Make 25-30% more than the Spanish family fund that he is now “benefiting “.
ATB
gmk
“My guess is if they were beneficial to wres then we would already know them by now”
Those terms are confidential, plus you need to know the extent of the damages, before you publish them. They will have to be accounted for at some point.
“delayed by over a quarter as a result of a failure by allmineral Aufbereitungstechnik GmbH & Co. “
So what are the penalties involved for causing this delay that has seriously affected production
My guess is if they were beneficial to wres then we would already know them by now
I would also think if there was a financial penalty clause then it would show up in the accounts
and we wouldn’t need to constantly dilute
Still here but getting seriously worried about Wres now
European
Those that kept saying there would be another cash raise were also saying that the SP would tank and some were saying that WRES would go under !
Neither are very likely with a placing much higher than the SP.
Directors typo !!:)
Placement at 0.5 and diredtors buying go figure !!!
Bounce!!!! More likely to drop like a stone I’d have thought.
I hope you are right! Personally I think you are deluded. This is now an official pile of ****e and as soon as I can get out without losing the thousands I’m currently down I’ll be gone! Masterman is a freaking joke.
Dividend (if it ever comes) won't even get me a decent case of wine now.
get ready for a 2nd rns correcting the share price - more importantly, given that the plant manufacturers are way behind on delveriny of the plant are we getting any compensation ?
Yep...another 10% dilution over the next few months...
How long before we are at 7 billion? Getting more than a bit ferked off with this now
av a goodun
Someone else wants to invest €2m at 0.5p a share too and MM has said he’ll buy some at that price when out of the closed period. This has got to go well up today.
Could this be the first placement where the share price increases?
I also see MM is looking to put more in and another company wants £2millions worth.
They can’t have any of mine!
But further placements needed in the next 2 months????
Michael Masterman, Chairman of W Resources, commented: "It is important to balance the final phase of funding on La Parrilla as we head into the most exciting stage of this project, with first ore to the new concentrator plant starting later this month. Ensuring that commissioning is completed to the highest standards has been the priority and we are pleased to receive support from the Spanish investment community, who invested at a premium to current share price, which takes the Company to this next important phase."
Yep, at a premium to the current SP.
Have I read that correctly? A placement at 0.5p