Member Info for Bluebelly

Wres have issued approx 600m shares over 2019. and the SP peaked around 0.55p. So we can expect to see 0.5p plus on the release of good production figures. Then the market can start to value us on PE or EBITDA values as the production figures increase, then that elusive 1p+ may be hit in 2020 at some point.
GLA

BB

Couldn't resist!

BB

Posted this yesterday:
Probably been offloading over the last two weeks to buy back cheaper. Eliminating the risk of being in prem. They should be able to sell PB shares between 0.09 - 0.11p. Watched the last two PB's around 0.4 & 0.6p if I remember correctly.

Trading between 0.0925 - 0.1075p - Primary bid normally ends badly for the LTH's in Prem.

BB

BB

Probably been offloading over the last two weeks to buy back cheaper. Eliminating the risk of being in prem. They should be able to sell PB shares between 0.09 - 0.11p. Watched the last two PB's around 0.4 & 0.6p if I remember correctly.

BB

Work on Rhodium 3% worst case & Palladium mid case 36% ish.

BB

And it would still be one of the FTSE 100 worst performing shares of 2019.
Might buy some more.

BB

Lets hope all issues with clay etc are sorted. I guess they'll ramp up to full production and overtake poor old WRES.

BB

That's the gap closed with the 1st three trades this AM.
Let's continue the rise now!

BB

It would be good to see the gap closed and then move on.
A good point to buy in?? Maybe.

BB

For Clarity:
What is MTU in weight?
A Metric Tonne Unit ("MTU") is equal to ten kilograms per metric tonne and is the standard weight measure of tungsten. Tungsten prices are generally quoted as US dollars per MTU of tungsten trioxide (WO3).

GLA

BB

Sorry TT misread your post.

BB

Definitely not TT.
From Results RNS:
'The Company also hereby gives notice of its 2019 Annual General Meeting, which will be held on 6 December 2019 at 11:00 am UK time at Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG'.

BB

All sells from 11:45.
European: Yo say ‘lets wait and see, the production figures will not be arriving soon anyways.’
‘Will’ is used in law and compliance. It must be done etc.
Would you like to change your statement above to become your point of view as opposed to something that will happen?

BB

I won't be picking holes in it. I'm not qualified.
aw2414, good points added on to BB2's notes.
Everything is looking pretty rosie in JLP world
I'm starting to calm down after last weeks actions.
Will probably buy back the 100k shares I sold through frustration/panic when 2nd RNS was released. Due to past behaviour WRT the SP.

GLA

BB

I can live with that.
50-80% rise from 0.33p yesterday.
However, I would expect to see some monthly updates for the initial ramp up phase.
Build a stronger SP to build on & a higher level to raise funds at should another equity raise be needed, Dec-Mar.

BB

Ask was at 2.14 and NT for 100k
Have we bottomed?

BB

OT
Kalan
What's your thoughts on GLR, I've taken a small stake at 0.5p, as it doesn't appear to be dropping back to the placing price.
TIA

BB

Put some JLP money in here! Disgruntled shareholder.
1m purchased at 0.3408p

GLA

BB

I don't think we'll see 4.5p this side of Christmas, unless the sentiment changes.

BB

Agree with MH & TC. Placing RNS should have been part of the Results RNS or a second RNS released at the same time. It leaves a bad taste in the mouth!
I had a core holding of 1m shares, that are long term. I then trade any I hold above that, not always getting it right.
Yesterday I went below 1m (900k) due to the disappointment I felt. Not because of the placing, but how it was done.

BB