The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wilbury
Believe me I feel your pain mate
It’s been a tough couple of weeks for all of us, watching the SP drop, but sentiment will soon change if we get some good news ;-)
Troajan
A lot of the problem we have in terms of the SP dropping so much recently is in my opinion because of the fact that we had monthly figures, July was good, August was better, then September which was expected by everyone to be better still, was worse as a result of the power plant issues, but, if we had only seen quarterly results Q2 was better than Q1 and Q3 was better than Q2, this on its own was good news, but because one month was badly affected sentiment was badly affected.
Every mining company has issues from time to time if those issues cause a drop in production for a week or two, but the quarterly results are better than the previous quarterly results then the SP is rarely substantially affected, so unless our production in October was outstanding I’m not sure that announcing it is necessarily the best thing mate.
But obviously like you I don’t know what the intentions now are, time will tell.
Safety
Whilst we can hope, I’m sorry to say that Regua is not scheduled to come online until H2 2022, WRES have to present environmental impact documentation, which they are working on now and hope to present to the Portuguese government before years end, but we will then have to wait for approval, and as we know, that tends to take some time :-(
Discopablo
They will report anything to admin mate and if your post wasn’t directly to do with the company admin might well remove it, take a look at the rules for posting.
It’s important to ensure that you comment on the company.
I still think that a WRES will succeed, blackrock are obviously still supportive, or they wouldn’t have agreed to take warrants in lieu of the interest, and they have a permanent place in the board so know much more than us and much more than the negative posters.
Kev
Your comment:-
“It is bad form to troll any bb, but to ridicule anyone in the full knowledge that they have lost money on a stock, is especially bad form. You have no idea on the size of their losses, how it has affected their lifestyle, or their mental health.“
Is absolutely spot on, individuals who have done and who do this, are fully deserving of being banned from any board, and they should be, until that happens however, we have the filter and boy is it a good thing, as has already been proven on 5 occasions this morning.
Troajan
A lot of people were both annoyed and upset when told that you had been banned.
Be careful not to allow the nasties to wind you up so that you respond to them, it’s what they want so they can report you mate, that’s one of the reasons it’s best to filter them.
I agree that our production needs to increase significantly, time will tell.
Troajan
I’m glad to see that rumours of you having been banned for life where untrue.
Welcome back mate.
If you didn’t know most of the long term holders have filtered the negative posters.
Stevebt
They have been constantly posting the same things, constantly been negative, often belittled and or insulted long term holders, constantly attempted to bait people so that they can then report them and try to get them banned (as, so we have heard, happened with Troajan) and now at long last most of the long term holders have unsurprisingly decided to filter them so that we can have a board without the nastiness.
Topb
Yes it’s disappointing to see a new low, there’s no getting away from that.
Given the low volume of shares traded I’m surprised at just how much we’ve dropped since the last RNS, in market cap terms we’ve dropped by more than £1 million !
We could really do with some good news ASAP.
Now they are all back again !
Goodness knows what’s happening with my phone !!!
What is going on, I can obviously understand admin deleting the nasty posts which people have referred too, but why delete everything else ?
I wouldn’t mind betting that one or more of the people I have filtered, have yet again behaved in a nasty way !
The good thing is that providing that the genuine investors here keep filtering those who we don’t wish to hear from, the board will be a much better place.
I’m hoping that gengs charting expectations that we may drop into the 5s is wrong, it’s certainly interesting to see how few shares have actually been traded during the short time when we have dropped circa 20% since the quarterly results, and I suspect that it would not take too many shares to be bought, to see us regain a significant amount of that drop.
Time will tell.
I wish all genuine investors in WRES all the best.
Topb
When you say sit it out I presume you mean hold onto your shares and see what the next news is ?
Thank you for your good wishes, I wish you the same mate.
Safety
As I recall, and I haven’t re listened to it, the interviewer asked him if shareholders would get more news this year and he responded by saying that he expected that there would be more news before the end of the year, which of course could mean that we will still get monthly production figures, but could also mean that we won’t but will get some other news before year end, who knows ? Only MM and the board of directors will be privy to their intentions.
The board is looking better already, with no one responding to the negative and nasty posters we can now actually have some proper discussions about WRES.
The green boxes will no doubt pop up to some degree but if they get no response they will eventually clear off.
I don’t know if it’s 2 or 5 this morning as I can’t tell if the 3 consecutive ones were from late last night or this morning but - quite frankly scarlet, I just don’t give a damn ;-)
Right now, more importantly, I wonder if we will continue to get monthly figures or if MM will revert to quarterly reporting of production.
Safety
I think that you are wasting your time bothering to respond to the nasty few mate.
The filter button works well and if all of those invested used it for all of those who are not invested but post day in and day out then this board would return to the better place it used to be.
WRES will succeed and I for one don’t need to read the nonsense posted by non invested individuals who have nothing to add but nastiness.
Topb
I’m a realist mate, as I see it in the short term there are reasons it might drop further and reasons it might recover a bit.
The main reason it might drop more is the fact that WRES are going to issue warrants to blackrock in lieu of the interest we owe.
But, it’s fair to say that the issuing of warrants could take the SP either way, it’s entirely dependent upon the issue price, and the fact that we have already dropped considerably and that drop may or may not have been overdone.
Another two sided story is of course production figures, if the next figures are poor then the SP could react badly, however if the figures are good then obviously the SP could jump up.
I believe that there’s a good chance that blackrock will accept warrants with an issue price well north of the current SP, and that the production problems in September have been overcome, consequently I won’t be selling any of my considerable holding. Of course I could be wrong I don’t have a crystal ball (mores the pity) but then again neither do the individuals who constantly post negative comments about the company mate.
Good luck with whatever you decide to do.
And we’ve had 3 in a row !
Boy am I glad I don’t have to read all of the constant negativity from the non invested !
If all of the investors here filtered the individuals who do nothing but denigrate the company, it’s management and the companies actual investors, they would soon clear off, and then the board could return to what it’s supposed to be about, genuine discussion of both the pros and cons of the company and the current and expected future situation, not nonesense, and nastiness.
Life is short but clearly some people have nothing better to do than constantly posting on a board where they aren’t invested and state that they won’t invest - strange !
Anyway I’m looking forward to seeing the results when they next come out, good luck to all genuine investors in WRES.
This is another company I’m invested in, as you can see it was massively down for many years, but then came good - so, there’s nothing to say that WRES won’t come good as well ;-)
https://www.google.com/search?q=sng+share+price&client=safari&source=hp&ei=1M5WYcXxNvSGjLsP_OW96AQ&oq=sng&gs_lcp=ChFtb2JpbGUtZ3dzLXdpei1ocBABGAAyCwgAEIAEELEDEIMBMgsIABCABBCxAxCDATIOCC4QgAQQsQMQxwEQrwEyBQgAEIAEMgUIABCABDIHCC4QgAQQCjIFCAAQgAQyCwguEIAEEMcBEK8BOg4IABDqAhCPARCMAxDlAjoICAAQsQMQgwE6CAguELEDEIMBOg4ILhCABBCxAxDHARCjAjoICAAQgAQQsQM6CAguEIAEELEDOgUILhCABFD5JFi4LWCnQGgBcAB4AIABTYgB4gGSAQEzmAEAoAEBsAEP&sclient=mobile-gws-wiz-hp#wptab=s:H4sIAAAAAAAAAONgVuLSz9U3SM4xSDLLe8Royi3w8sc9YSmdSWtOXmNU4-IKzsgvd80rySypFJLgYoOy-KR4uJC08exi4sgvSy0qy0wtX8TKX5yXrlCckViUqlBQlJmcCgCe4YdfYwAAAA