Member Info for GETINTHERE

Safety,

When such beasties arrive it is indeed a good sign.

Bashers do not bash bad companies.

Mogwhy

Yes indeed, even better !

Mogwhy

For goodness sake, you know that the truth doesn’t fit their aims.

Funding first, then 25 -30 tons of sales and the SP will start to head in the right direction, then in late January a further 100 tons of sales and the SP will really start to move up, this will be followed by increases in production over the following few months until we hit the 200 tons per month level.

Once all of the above has happened the SP will be many multiples of today’s price and the derampers and troll will all have cleared off - at long, long, last!

Richard

The link I just posted should work mate

Skip to 25 mins for the WRES commentary - https://tinyurl.com/u24s2kw quite interesting

Pants

If all you are looking at is the price today then I seriously wonder if you should be investing, because investing is all about doing your research into what the likelihood is of a company improving its market value and investing accordingly, so to say that everything other than the SP is meaningless is, at best, naive.

Pants

I thought you were selling up ?

Marklee

The December sales are likely to be in the region of 25 - 30 tons mate.

We are only working one shift and until he announces that we have moved to 24 hour operations, at which point I would expect us to produce apx 100 tons per month we are only likely to get one third of that amount per month, which combined with the fact that we have a short month is why I believe we will only see 25 - 30 tons reported in December.

Off to bed now, I have another Christmas do tomorrow and a long drive to the hotel, so, goodnight and good luck to all serious holders.

And goodnight to you too, devil, no doubt you will be back moaning more tomorrow!

Why would anyone post on here in a negative way day in and day out ?

Possibly because:-

1. They are paid to do so ?
2. They believe they can gain some financial advantage by attempting to get and or keep the SP down ?
3. They previously owned shares here which they bought at a much higher price, then sold at a considerable loss, and are now bitter and twisted?
4. They have a genuine psychological problem? (If this is the case I genuinely forgive them, and wish them well for the future)

Whatever the reason is, I wish they would stop doing it because it is tedious.

Troajan

I’ve invested in small companies on and off for over 45 years mate, I’ve made and lost money on many, many occasions, when this comes good, and it will, I have no intention of selling all of my shares, I genuinely believe that in the medium to long term the dividends here could easily amount to 20% plus of my average purchase price per year and that a PE of 5 on £20 million whilst very nice, will pale into insignificance once we have regua and the t3.5 expansion up and running, which could be within two and three years from now and which will give us a £40 million EBITDA based on the current price of tungsten, but which, if all the pundits are correct could very well give us £60 - £70 million plus of EBITDA, now with say 7 billion shares in issue in two or three years and an EBITDA of £70 million that would give us an SP of 10p.

Good things come to those who wait patiently.

Troajan

He also said 20 million EBITDA in 2020, which can only mean that he expects us to Hit full production sooner rather than later.

Now with 20 million of EBITDA and a very conservative PE of say 5 that’s a market value of circa 100 million divided by 6.2 billion shares that would give us an SP of over 1.6p

Of course if the PE is say 6 then that’s £120 million market cap and an SP of over 1.9p

And at a PE of 7 that’s £140 million market cap and an SP of over 2.2p

Good ere in it

But it gets better, because WHEN this rerates the derampers and trolls will finally clear off !

Troajan

The £ is supposed to rise if there is an overall Tory majority, fall if there is an overall labour majority, but rise even more if labour get into power in some type of coalition, which would prevent them from doing many of the things they want to do, but would no doubt allow them to do things like properly fund the NHS, which sorely needs it, and tackle the mega rich and the companies that pay only a tiny percentage of the tax that they should.

L200 and Kev,

It is great to see some common sense and decency being displayed by both of you.

Kev, I know that you are a fair minded and nice guy having met you a few times now.

L200, I haven’t met you, but I believe that you are a hard working farmer who has an investment in WRES, which understandably, given the current SP, the lack of any decent PR, and the numerous missed dates, you sometimes find frustrating, and which consequently leads you to occasionally post some quite negative comments, but, I think that you, like most investors here, still believe that in the fullness of time WRES will come good, and I firmly believe that you are a nice guy too.

Safety

Blimmin hell, starterforten reckons we are heading towards $1,000 per MTU !

Talk about changing his tune, he’s gone from deramping to ramping in one foul swoop !

Cookie / Kev

I’ll be happy with 25 -30 tons and I’m not bothered short term about the SP.

All that matters is that when we start 24 hour production that we are hitting circa 100 tons per month and then gradually increasing production up to 200 tons by mid 2020.

We will get there we are firmly on the way.

Time will tell how we are doing, but in the meantime my views are:-

Firstly, that with all the plant up and running, but with only 1 shift in operation at the moment, I cannot see us producing more than somewhere in the region of 25 - 30 tons this month.

My rationale for the above is that with a 24 hour 3 shift operation, I would expect us to achieve circa 100 tons per month to begin with, ramping up to the 200 ton per month level over the next 6 months or so.

If, I am close in my expressed view then this would explain why we still need the additional funds that MM has told us in the last RNS, that he is negotiating.

I believe that it is likely that we will get news on the additional funding in the coming week, and then news on the first shipment during week commencing 16-12-19.

Again if I am correct I can not now see the SP moving too much either way before Christmas, however if we do get production up to 100 tons in January then I believe the SP will rise significantly.

Time will tell.

Safety

Oi, I will have you know that I’m on one of my Christmas do’s and having partaken of a few carlsburg in the pub I’ve now upgraded to birra moretti in the Indian restaurant as it’s bring your own alcohol and at £5 for 3 660ml bottles it made sense to me!

Kalan

You are entirely wrong there was 100% a referendum.

Kalan

It is not democracy when what the public were told was s heap of lies mate, where is the £350 million a week for the nhs that Johnson went on and on about, how comes there’s going to be a border in the Irish Sea, he said that wouldn’t happen.

A second referendum based on fact not fiction and lies is real democracy, what we had as a joke, but hold in a minute that’s what Johnson is good at isn’t it