Member Info for BringMyReward

I did mention that it might retest the 52 week low of 0.38. Just hope it can hold from here. We've had some very good news recently but it's not helping to keep the SP up. Things can only improve from here.

It's a shame David Galan is leaving but I think we can get somebody in with more relevant experience. I believe his background wasn't media related anyway. David has helped turn the business around but obviously more work is required.

Jonathan Goodwin was on about £30k a year and only turned up to 2 out of 7 board meetings, so I doubt he added much value. Harry Bell is a great addition to the board.

Hopefully we will get the right person to replace David in 2019.

My post from earlier was supposed to say "Saloro" mining.

Here's a link to their website, it's quite similar to WRES's

http://saloro.com/

Awesome! Cheers mogwhy.

In the Opex plan per MTU ($94) for La Parrilla it mentions a Royalty of $4 and Tin credits of ($16). Anyone know who the Royalty goes to and what the Tin credit is?

Channel 4 has recently moved a lot of their business outside of London and have chosen Leeds as their national headquarters. Manchester was one of the other potential hosts (Blakeway North is located in Manchester). However, Channel 4 are to open two new creative hubs in Bristol and Glasgow which is good for ZM. We have just opened a new office in Bristol and we have Tern Television based in Scotland.

We also have the BBC that are investing £20m in a new TV channel to be broadcast from March 2019, and intends to invest a further £20m in increased Network production from Scotland. Again, Tern should benefit from this.

Hopefully 2019 will be a transformational year!

I’ve noticed a bit of chatter about Zinc Media being in talks with Netflix so decided to do some digging… I found the below article about Amazon and Netflix and it contains information regarding Greg Sanderson, MD of Brook Lapping, talking about Netflix – very interesting article.

https://rts.org.uk/article/reframing-documentary-how-amazon-and-netflix-are-changing-factual-television

I also came across this in the company’s accounts that were posted to the website on 2nd November:

“Brook Lapping’s revenue was substantially down on its target this year. Apart from the industry changes listed above, the pursuit of larger commissions in the US market has taken time to produce results and been slower than anticipated. Brook Lapping has been trying to enter the US market, not just for co-productions but for bespoke commissions. Brook Lapping has pursued Netflix, National Geographic and CNN with high end series ideas. Positive relationships have been forged in the international market and Brook Lapping has in the past few weeks been commissioned by National Geographic for a substantial long-running history series worth over $2m for 18/19 and is in continuing conversations with Netflix in the documentary genres.”

So it appears that we are in talks with Netflix. I just hope we can win a commission or two from them, and maintain them as a regular customer. It would most certainly transform Zinc Media!

Here's the link to that video, Wassatt. They mention 4 Tungsten projects. 2 in Spain, Slaoro's Barruecopardo and WRES's La Parrilla, also 1 in Russia and 1 in Zimbabwe.

https://www.proactiveinvestors.co.uk/companies/stocktube/11045/tungsten-markets-returning-to-growth-after-years-of-low-prices-11045.html

I'm also hoping to multiply my holding here between now and Xmas... Might have to ask Dad for a loan though lol.

£400m MC? I never had you down as a ramper ;) lol

First years financial projection for production is based on Tungsten APT price being $245 MTU, and Tin at $18,500 per tonne. This gives projected EBITDA of $15.2m.

Current prices are Tungsten APT = $280? & Tin = $20,950. That should give a nice boost to the above EBITDA in 2019. Year 4 EBITDA is projected to be $42m so based on that, I agree with your figure of £200m MC. And as you say, that’s without Regua production and potential increase in Gold reserves!

Cool lol how did you come across that?

Lol, you know me, Troajan, always downbeat haha

I can see from the chart that Nov last year was a bit choppy, but as soon as Xmas hit, the SP moved up and didn't stop going up until around mid March. There's a good chance the same will happen again, with more reason to this time around.

It's just a hunch but generally stocks do well in Nov/Dec, the good old Santa rally. It usually happens every year,plus WRES is probably due a bit of news flow and we are drawing closer to 2019...

I could be wrong and it might stay relatively flat but it's been in a tight range over the past 3 months so I reckon it's due a move up. If it stays flat I'm happy as I am looking to add quite a few more over the coming months.

Actually I was right the first time lol. 21.4m warrants were exercised 21st Feb 2018 so that should leave 246.4m. I was actually typing the figures from memory then double checked the RNS's lol.

Sorry, there are 267.8m warrants outstanding at 0.42p.

You could be right! I see that there are around 245m warrants outstanding and Black Rock will also get warrants of 5% of the fully diluted shares (circa 300m). That means there's around 10% dilution to come, but the 245m are at 0.43 so should at least form a base around this level.

The Black Rock warrants are a little more complicated... At what price can they take them up? And do they have to pay money for them? It doesn't make it that clear in the RNS.

ORM style rise would be good for starters... There's always next Xmas too. Could it have 10 bagged by then? Hope so lol

I reckon WRES might just start moving up nicely in the run up to Xmas. Probably dip a little Jan/Feb then hopefully a steady rise up to production and beyond...

It's certainly quite volume wise today. The last trade was mine.