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ime a trader and a LTH bud.....
but atm.more of a trader,due to the volitilty
as a trader,this is a cracking buy on the lows
as a LTH,that depends on the incoming prod data....something,that's an unknown
the bod?.....something you have never proved.
but according to there history and you like your history.
theyre all very competent and have a great track record.
of course,can you prove they have a bad track record......no.
ATVB bud and have a mesmirisingly good....wednesday.....
https://www.proactiveinvestors.co.uk/companies/news/955095/w-resources-posts-record-quarterly-tungsten-concentrate-production-955095.html
took the risk on atm and the mill finally came good,currently 180 tons per quarter
up 400% from the 1.5p low,when it had a 10 mill mcap.
wres should exceed their 180t's for a quarter
do you think it'll have an £8 mill mcap then.
?
DYOH m8
sounds like your just looking at history m8
it all depends on the forthcoming production updates.
60% recoveries and 150t's per month,is highly profitablr bud,it pays the bills/ loan with money left over
something wlfe n orm,never did.
or prem,come to that
sounds like your research,is lacking anything,forward thinking....
anyway,feeling a bit peckish,so might nibble on a few JAFA cakes.lol.
and ime 150% up on my investment/trading tonguestone
so extremely happy in the last 18 months
oh yes
Tonguesten Good to see you back at work) :
"the sp keeps dropping at such an alarming rate"
No it doesn't. The SP has been around here or rising for a couple of months.
And, of course, the MC, once this breaches the 8p placing price, and ignoring intraday trading spikes, will be at its highest this year.
IE
Indications of an expected rise now, imho. Huge effort by tong, why else would such effort be made?
Exactly. BIG comeback by Tung.
Wish I had shares in him!!
I've been sitting quietly but really this takes the biscuit
Instant Expert - "And, of course, the MC, once this breaches the 8p placing price, and ignoring intraday trading spikes, will be at its highest this year."
Yes because there are 50% more shares in circulation following the dilution. Remove the dilution effect and the MCAP is on the floor .
The attempted ramping and pumping on here in the last week is bordering on the obscene.
Production numbers for July Masterman. where are they ?
The Atlas conversion is a known. It has been known about and on the table since last year. There is nothing new about it having a dilatory effect that was not expected. However, we are through most it now and the overhang will diminish, once cleared the brakes are off.
Safetyman -"There is nothing new about it having a dilatory effect that was not expected. "
I assume that was meant to say dilutionary effect ?
You are correct dilution was a known if Atlas converted. Its the scale of dilution that's WRES problem.
First tranche was £500k sp was 14.5p (In new money) That is 3.4m shares. At todays price its 7.8m shares.
Do you understand the problem now ?
Just wish this effing company would liquidate do I can forget about my 20K investment that is currently worth circa 800
What a totally stupid comment. I get you may be frustrated, but why would you wish that as it’ll come good in the end. Doh!
"Written my 20 grand investment off on this one, cashed out for 3 grand"
Martin thought you cashed out in April ?
Not worth cashing out, just wishing that there might be a small miracle in the distant horizon
Martin, "not worth cashing out" makes no sense at all. Neither does hoping the company goes into liquidation, If you really wish for that then it's best you "self-liquidate" by selling (and you'll also get £800 for your trouble instead of £0).
This is just another AIM "Lifestyle" prop-up...a continuation from Caspian imho. I fled a long time ago. But we can all make mistakes (as the hedgehog said to the toilet brush)
Tongy, yer right i was going for a dilutionary but got caught in a dilatory predictive text thing.............but, then i thought well this will be an impediment to SP rise in the short term, soyep thats right too.
as stated all expected.