Member Info for GETINTHERE

L200 I very much doubt that black rock would have missed any miscalculation in the FID mate. As Kev has said at $245 if we hit the expected production figures then even with a modest PE ratio all those invested will be very happy.

L200 Clearly the price of tungsten has dropped since the start of the year, but we are still above the price used in the FID, so MMs business case as scrutinised by black rock is still well on track with full production due later in the year. I presume you are invested here and feel the same ?

L200 Can you please post what you think the figures are likely / should be then ?

Wassat Yes it’s been obvious with some posters but what I like about the Bashers handbook is how it lays out for the new posters / investors the things and the types of posters they need to beware of mate, as not everyone understands how these clowns operate.

Kev He doesn’t read anything properly that’s half of his problem

AA You clearly have a problem, WRES was not 0.8, 7 years ago, your assertions are like most of your comments in this board wildly inaccurate and you are full of your own self importance. I have never alluded to having any great investment knowledge let alone ever compared myself to warren buffet. Time will tell what happens with WRES and who is right and who is wrong, but as I doubt you hold any shares here it won’t matter to you. I am off out for the rest of the day so pleasantly won’t be reading anything else that you have to say.

oldie

no one knows if others who post on here tell the truth, I for instance have grave doubts that you do

there are a few posters on here who I have personally met, and one who has been a friend for well over 35 years, so I tend to believe them and him

if Jaf is lying, it will make no difference to me, because I never make any decision based upon what anyone posts on here

if there is no news before the AGM I will have been wrong, and I will accept that, it may surprise you, but I have been wrong before, I think the difference between you and me is that you rarely if ever accept that your wrong,

AA

you seem to have the same problem as Jaf, in that you fail to read and absorb all of someone's posts, my second and third paragraphs already covered off what you allude to, and whilst in theory I could have invested elsewhere, clearly if the elsewhere had been in the 3 companies that Jaf unfortunately invested in I would have lost a lot of money don't you think ? because as we all know investments can go down as well as up, there are no guarantees

Jaf

my post says your figures from the presentation !

the average PE of a mining company is 7, I have conservatively used 5

all of the calculations are based on what you posted as the EBITDA

try reading things a bit more carefully, it may help you in making any future investment decisions !

Jaf

I understand that because of your previous 3 x £50k plus losses in other sim companies that you are concerned about making another calamitous mistake, which is why you sold out here, but try looking at it another way if like me you had bought 7 years ago and had topped up along the way and tripled your holding since the funding was announced, wouldn’t you think it was both a bit rich to have someone who’s not invested posting on here decrying the company who’s previous investment decisions have as self confessed been a disaster ?

I would also point out that there is no way that I could buy the amount of shares I own in WRES now at these prices because the mms would push the sp up beyond my average, so I am happy with my holding and would suggest that whilst some of our long term holders from time to time get a little frustrated that most of them overall are happy with their investment and believe it will come good.

Hindsight is a wonderful thing and clearly if I new what was going to happen I would have bought and sold these a hundred times over, but I, like you, and everyone else, do not have the gift of prescience, what I do have is enough shares to make myself and more importantly for me at least, my family a lot of money if the sp goes to anywhere near the levels that I and many others believe possible and that’s without the promised dividends.

Jaf I have simply used your figures mate !

Jaf So taking your figures quoted from the presentation and using an exchange rate of 1.3 dollars to the pound and then presuming a very conservative PE ratio of 5 we would get:- 2019 $15.2m £11.69m x PE of 5 MCAP of £58.45m 2020 $18.6m £14.30m x PE of 5 MCAP of £71.5m 2021 $23.5m £18.07m x PE of 5 MCAP of £90.35m 2022 $42.2m £32.46m x PE of 5 MCAP of £162.3m Using shares in issue of 6030.67m this would give us an SP of:- 2019 0.969p 2020 1.185p 2021 1.498p 2022 2.691p The broker target is 1.2p This of course takes no account of the gold

Troajan Investing on aim is a constant learning process, so please keep up the good work of informing people mate I’ve certainly learnt from you and from experience over the years

Troajan MM was advised not to consolidate by Turner pope he told us at the last investors evening mate

Jaf I understand that because of your previous 3 x £50k plus losses in other sim companies that you are concerned about making another calamitous mistake, which is why you sold out here, but try looking at it another way if like me you had bought 7 years ago and had topped up along the way and tripled your holding since the funding was announced, wouldn’t you think it was both a bit rich to have someone who’s not invested posting on here decrying the company who’s previous investment decisions have as self confessed been a disaster ? I would also point out that there is no way that I could buy the amount of shares I own in WRES now at these prices because the mms would push the sp up beyond my average, so I am happy with my holding and would suggest that whilst some of our long term holders from time to time get a little frustrated that most of them overall are happy with their investment and believe it will come good. Hindsight is a wonderful thing and clearly if I new what was going to happen I would have bought and sold these a hundred times over, but I, like you, and everyone else, do not have the gift of prescience, what I do have is enough shares to make myself and more importantly for me at least, my family a lot of money if the sp goes to anywhere near the levels that I and many others believe possible and that’s without the promised dividends.

Tpete Top slice to your hearts content, but I’m not sure that your predictions will prove correct as you cannot possibly know what any announcement will actually tell us, and yes I know that nor can I, which simply brings us full circle to the fact that there are those who believe and those who don’t

Mbleu I don’t know why it’s done it ! It’s previously been fine !

Mbleu Sorry the date is shown as 6-12-19 for some reason !

Mbleu Take a look at the 3 x 3 million trades that showed up yesterday afternoon they were all dated 6-6-19 So my guess is that it’s to do with those mate

Trumpton It simply does not take this amount of time to do the gold report, so we have to ask ourselves what’s really going on, now the negative people amongst us will may be say that the core samples we saw photos of were in fact not gold at all, maybe fools gold ! But this is very unlikely given that MM stated at the last presentation that he expected between 400,000 and 500,000 oz and that it could be a lot more maybe as much as a million oz, so the positive people like me are thinking that not only is there a lot of gold but that he is going to announce how he intends to mine it, maybe he’s in talks with a third party who knows, but what we do know is he is more than aware that investors are fed up with waiting and want to know, so I don’t think he will have put in an RNS that we would know in this quarter and then fail to tell us before the AGM on the 28th