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Alas due to a certain individual, who shall remain nameless, people have become cynical of outdated links. I can't blame them as I am sure I can find a link of a picture of 18 year old me to put on a dating site but I fear any potential Date relying on it will be sadly disappointed...
Let’s not forget the corrosion that was caused to the pipes caused by the water, the problem they were aware of from the start….
Thank you
So sweet that after all these years you believe what this lot say in their RNS, if you look at those who are let’s say positive about Wres for the last 3 years and see how many of their predictions, aspirations, wishes, dreams etc have turned out to be true you would only need a postage stamp….and the value of the postage stamp would be greater than the value of the company as it stands (bearing in mind the mountain of debt).
If Wres are are able to get themselves out of the hole they have helped put us in it will be the greatest victory since David picked up a rock and decided to throw it at Goliath….
But let’s see, am only mad at myself for having believed in the bs for so long and fooled myself into trusting MM.
Tro…has it been resolved yet?
The problem I have with this management and their numerous mismanagements, and let not pretend they haven’t made them as our current situation isn’t wholly attributable to acts of god or drivers striking, but rather a combination which includes bad decisions, is that it could have been a bureaucratic oversight or failing by the management as much as it could be an over zealous pencil pusher in the government.
Now we are in this mess I honestly don’t know how long it will take (given the speed at which things happen in Spain) , if we prevail, how much distraction it will be for management at what is a life or death moment for us, whether any bank would refinance whilst this is hanging over our head.
As for our local wealthy families, I don’t rely on them doing much and wouldn’t surprise me if they have written off this investment already as cursed….
Just one question…
Separately, the Company has also been informed that the Dirección General de Industria, Energía y Minas of Extremadura has challenged the W group's authorisations to operate. The Company will be appealing this challenge and has been advised by its lawyers that it can continue to operate pending resolution of the appeal. The Company is confident of a successful outcome.
WHY?
On this point Death I agree....kind of like me keeping on putting up pictures of me on a dating site when I had hair and weighed 30kg less….but it makes Tro happy, just worried it will catfish people not smart enough to read the dates on reports or drone footage will end up on a date with a guy old enough to be their father lol. Tro perhaps put the dates so people can see how old these things are…
Tro, Git, safety or K3?
1.5 mill,£37,500 sale that went through....
Kind of forgot China and India….to name but two
Never asked anyone to give up hope but idol speculation that is consistently wrong goes become tiring. As does MM's style of Investor relation
GIT my old friend, let's not kid ourselves, Blackrock will get a quarter of the company and on top another 5% under the original deal. This is less to do with belief in the competence of the management and more to do with the belief that there will be some crumbs on the table at the end of the day and they want at to take 30% of it.
This was less to do with belief in the management and more to do with necessity to keep company afloat and opportunistic scavenging...
Tro’s posts whilst on the surface may appear to be helpful are seriously outdated and as such their relevance minimal to where the company is today and for helping to make an informed investment decision.
The drone video…do we really think that is what it looks like today…the assumptions made by shard are seriously out of sync with reality.
We have a wash/rinse cycle stuck on repeat, every quarter appears worse than the last, the problems are reoccurring, which is particularly worrying but like usual the most worrying is the contempt that MM holds us in. At least he didn’t bother to commit to anything (whether it be an update or anything else) this last time.
Here is a wild suggestion…do what he promised last year summer and have an zoom session with us to explain what the f@#£ he has done with all the money which has diluted us into irrelevance with and why have you not resigned (because let’s be honest, any other chairman who had overseen such distruction of shareholder sp value would have been long gone) or else why he has still not appointed a ceo to turn the company around as he is clearly unable to do it (as clearly evidenced by the last 12 months), and the excuse that they don’t have money is poor as am sure that Blackrock would lend the money to see someone competent do the job, I suspect it’s b3cause no one would touch it with a barge pole whilst MM is still chairman.
We should have finished long ago with growing pains, these problems are no longer all the act of god, they are bad decisions made by management. So I really don’t care if tungsten goes up 1,000% or tin 2,000%, if we aren’t producing then It’s potential not reality, me buying a lottery ticket gives me the potential to be a millionaire but I don’t go on about it to people. Be judged by your action and delivering not by aspirations and wishes….
Ok now I have it out my system let me get on with my day….
Is continuing bad management of the assets. Considering we had everything built from scratch less than5 years ago the list of problems that need to be fixed are never ending....6 weeks without production puts a dent in Tro's projection for the production numbers for the year.
What else is there to say....it simply isn't good enough...but what's new
The article says “ Since 2020, only five countries have exported ferrotungsten to the United States. Russia, Ukraine, Austria, Vietnam, and South Korea” but I thought we had an off take agreement with the yanks….
Big if…
First off glad we got more cash for MM to p@#s away like all the other money he has gotten as we have been diluted into insignificance but the question is (and it’s my reading of it) that this Warrant swap excludes the 5% kicker that Blackrock get at the end. So dilution is even worse that it appears. Sorry for being cynical but time and again we have been led to believe that the corner has been turned only to find a Truck running us over as we turn the corner.
We needed to do this deal to survive because of failings by management. My concern is we still have the same incompetent management. But let’s see what sorry a$$ excuse they have for the next failing…..
Given how leaky this ship is, could it be that news is imminent. I would have thought the price would fall after any Rns but what do I know…