Moved on is my guess. I don’t think W Resources is of any interest to him any longer. Pastures new that will probably net him 10x what he may have lost here. Looks like his focus is on sustainable renewable energy companies now. Shame he didn’t use his knowledge of that to power La Parilla more efficiently. March 2020 Chairman of Australian Industrial Energy May 2020 Chairman of Squadron Energy Perth July 2020 Chairman of Windlab Canberra October 2020 Chairman of Fortesque Future Industries. Am I wrong?
INFORMATION NOT DISINFORMATION: please see below a further email received from W Resources 18.5.22 at 03:20am. I assume that time difference and the curt nature might suggest it was from Masterman himself. I suspect he knows I’m not his biggest fan!!! If this restarts I might be though.
Dear Steve Thank you for your enquiry. Shareholders still retain their shares and will be able to trade them should the Company relist on AIM or on a alternative trading platform. The Company will update the market in due course.
On Wed, May 11, 2022 at 9:56 AM Steve Brown wrote: Good morning
On the basis that there was no promised q&a forthcoming and no further real information I would like to know if existing PIs will be retaining their shares in the now stagnant mine project until/or if it ever starts up again or are we to assume that investment is now written off?
Depends who you listen to. If you listen to Troajan everything is good and rosy on the garden…then again that could just be the spectacles. If you listen to the rest of us we are as dead as a dodo…although that said neither we (nor my brokers) really know because Disasterman has lost his voice yet again.
Just emailed the company again asking why the promised q&a was not posted and if/when we may have done definitive news on what’s happening with our shares. I.e are they being deferred and honoured in the event that the mine restarts or are we blown out. I’ll post any reply I receive.
The q&a was promised by the cfo in writing in an email to me. Lies lies and more damned lies. The gates are locked because this is busted. They will reopen at sometime in the future after every single PI has lost their investment. This is a stitch up.
Except it makes no difference and has no relevance to W Resources’s. It is now two weeks since I was promised a q&a facility on their corporate website, shock horror, surely the management wouldn’t lie to us would they? I’ve just revisited the website to make sure and yep it’s still not there. In fact if you were seeking to invest and researching you may be led to believe that La Parilla is a successful and productive project, which we all know is total fantasy. I had an email from a senior member of the management team 25th April stating that the q&a would be on the website in a day or two. Anyone more suspicious than I would consider we may have been mislead all along maybe that suspicious person may consider that we had been downright lied too. I of course would never suggest that. In the meantime Trojan keep posting your irrelevant drivel. None of it is relevant to the busted company we invested in. This project is way past recovery but I’m sure there are wheels turning in the background to secure as much a as possible for some people. As for us pi’s we’ve been well and truly sold down the river.
Not currently invested. Have been in and out twice with a nice profit on both occasions. I sold my last lot and thought I’d buy back in when it hit 83p but held off. I now think JPM may be correct and that 75p is probable and your suggestion of 50p I view as possible. I will wait on the sideline and watch and wait with interest and try and time my next buy in.