Hunker down13 Mar 2020 08:38
Good morning all,
The shares in WRES must predominantly now be held by long term holders, including of course the directors, the Spanish investors, and 5% by black rock none of whom are going to be selling at these prices and with production ramping up.
As I see it, our major concern is that our directors and employees, like everyone else, are at risk of coming down with the virus, which could of course cause problems with our production, additionally there may be problems in terms of getting the product to our offtakers, but, those problems will be exactly the same for every company on every continent.
Black rock will not want to pull the plug on a company that is set over the coming months and years to make substantial profits, they have enough problems to deal with as a result of the meltdown across the markets, without creating themselves a further unnecessary problem here.
As I see it, the likelihood is that yes, our ramp up and production will be adversely affected, and delayed by a few more months ! but, once the virus has played itself out, and all the scientists seem to agree that it will, then things will come good.
So, all any of us can do is hunker down.
Keep well everyone, family and friends are a lot more important than money.