Member Info for Astonboy

If you believe a man can walk on water you may believe that Wres can survive. I believe there will be a second coming of Christ before Wres surviving this. They can’t even put up the promised Q&A in their website, can buy the right kit, can’t order the correct steel and can’t operate if it rains what chance do we have?

I’ll have a look thanks.

Perhaps they could put a q&a on the website for investors……oh yes I forgot they f***ing lied about that as well. I love that Eagles track Lying Eyes……I may have to change the words to Lying C****. Angry? Oh boy am I angry. Not about the money, I understand the risks and accept any losses. But the outright lying is beyond belief.

This was received at 3:20pm on 25th April

“Dear Steve
Thank you for your email and we appreciate your frustration and disappointment. The Company is looking to put together a Question and Answer summary on its web site and hope to have this completed in the next day or so.
The recent increase in the price of LNG has made it impossible for the mine to operate with such an increase in a direct cost.
Best regards
Paul”

Liar! 2/3 days you said quite clearly. Does anyone know how you lodge an investigation into an extremely large sell hours before the suspension? Anyone seen/heard of Kevin? I hope he’s ok!!!

Happy! Lol

It is absolutely another indictment of the sheer arrogance of the man and disdain that Masterman holds his PI in. He really doesn’t give a flying f***. I know he will lose a huge amount of money here but let’s put into perspective. He has many more millions to fall back on. My loss will hurt but will not break the bank but I suspect there are a lot of PI’s in here who fell for his slick presentations promising production and profit over 4years ago and still to be achieved. Add into that mix the high quality of rampers (anyone seen Kevin since that big sell just before the suspension?) and their strong criticism of the likes of Tungder et al. It’s been the so called trolls who were attacked and vilified who have been proven prophets. Masterman will survive with or without Wres, a good many hard working folk who staked their pension in this won’t. This inability to deliver ANYTHING the management team promises surprises me not any more. Over a week since the promise of a day or two and still we are kept in the dark.

I was chatting on the phone with another PI who is also in Wres, more invested than I. They tells me they are quite chilled (not at all happy) but chilled about this situation and that all will be well. They have been i this situation previously with a couple of companies who have pulled through. They think Wres will do the same.
They don’t post on here so not a member of the Rose Tinted Masterman Fan Club. My view is still that we are screwed….but they were insistent that providing Masterman can come up with a plan to ride this out we may yet be ok. Any thoughts?

‘Twas I. Monday last week so 2/3 days would have been by Wednesday in my book. A week has passed and nothing….how unusual!

“ Dear Steve
Thank you for your email and we appreciate your frustration and disappointment. The Company is looking to put together a Question and Answer summary on its web site and hope to have this completed in the next day or so.
The recent increase in the price of LNG has made it impossible for the mine to operate with such an increase in a direct cost.
Best regards
Paul”

You read correctly and shock horror we are still waiting. If you were an unwary investor viewing the W resources website at first sight it seems all is well and it’s a good investment….only once you drill down into media and investor relations (now there’s an irony!) that you find the bad news.

For serious difficulty read impossible. Imo this is dead in the water with no way back. Usual lack of communication, keeping LTH pi’s in the dark yet again, treating shareholders with total and utter contempt……anyone seen Kevin???

It is bereft of life. It has left this mortal coil….
http://montypython.50webs.com/scripts/Series_1/53.htm

We’ve got a thumbs up (recommend) button on here we could do with a thumbs down button too.

So where does that leave us PI’s? Screwed, stiffed and sold down the river. The silence and lack of communication from Masterman is disgusting. Supposed to be a Q&A facility on the website, not appeared yet. Mothballed…how long for? Does our investment sit in place until it starts up again? What are the financiers doing? Will it be sold off? So many questions so few answers.

Call it what you like… suspended/delisted they are just words. This project is well and truly f***ed. Its over, the only thing we are all waiting for is official confirmation that we have all lost our money. It’s been a complete s***show overseen by Masterman who is solely to blame for the situation we find ourselves in. Never mind Troajans constant paid ramping watch the video links posted on here in the last week showing Masterman quite blatantly promising production and profit of tungsten in 2917/18. Talking about gold in spadefuls. WTF happened? You, Troajan and Kevin, (whatever happened to Kevin? Not been heard of since that last big sell just before suspension…I wonder if that’s a coincidence, who knows) can put all the positive spin on this that you like. It is a dead duck. I wouldn’t suggest my worst enemy invested in Masterman ever again, I certainly won’t go anywhere near any company he is involved in ever again. Disasterman more like.

Technically they are correct. But I think all right thinking investors would agree this is a spent force. I remember only too well about middle of 2017 I think I almost doubled my investment here and really thought we were on a one way trip up. I listened to the Masterman presentations and believed him. He was very convincing. That same investment that was once worth around £75k is now on paper about £4K and in reality not even worth the paper. The fat lady is warming up in the wings.

It may well do wilbury but we no longer own a working productive mine. Tungsten could go to $1mill a ton. Only relevant if we have a working productive mine. To date and way before covid and gas prices this was a mess. I was greedy. Should have pulled out when I felt it was right to but I didn’t. That’s my problem and I’ll live with my decision.

Franny, he’s not listening! Doesn’t matter about any exchange. We are shut! Closed! Not producing! See below extract from email from company today.
“ The recent increase in the price of LNG has made it impossible for the mine to operate with such an increase in a direct cost.
Best regards”

Impossible for the mine to operate. End of.

Dear Steve
Thank you for your email and we appreciate your frustration and disappointment. The Company is looking to put together a Question and Answer summary on its web site and hope to have this completed in the next day or so.
The recent increase in the price of LNG has made it impossible for the mine to operate with such an increase in a direct cost.
Best regards
Paul

Let’s see what happens next then.

Any good or legal reason why Q1 production numbers cannot be released? Can’t be much for them to add up!

Pointless can’t get out or get in anyway so weekend or not we are all stuffed.
Masterman has gone deep running again and maintaining total radio silence.

I agree. I’m currently out having sold on Wednesday (from an 88p ave) but will be keeping an eye on this with a view to coming back in once we have a clearer idea of what is happening with Bojo and Putin.