Member Info for goingunderground

Troajan - 1026 posts in the last 30 days. All repetitive.

It will be one of the few graphs were WRES have a bigger bar. OPEX, DEBT and DILUTION too.
Shareholder value at its best ;-)

Cloud cuckoo land

Funny that you claim to have 4 million + shares . That would have been declarable before the recent dilution. Have you forgotten about the consolidation :-)
Tripe.

Someone has had enough. Close to 1m shares sold at 3.95p Any LTH owning up to that one ?

Frogman are you back round at your mates (Troajan) drinking “herbal” tea.
He needs some allies

Did he mean Jan 23 ? That would be a Disasterman excuse

Where is the Q4 Production RNS. Its February now if no one has noticed.

Troajan "they paid at an 80% discount,to wres's piers"

Are you now insistent that WRES has constructed Piers in the marinas that they have/are creating. Fascinating. Will there be rowing boat hire as an off shoot to support the business plan as a nod to diversification. Maybe even jet skis ?

Can you play speedchess you two. I was at this point 7.13 this morning.

I talked to my friend last night (who is a senior EMEA manager at McDonalds)
He lives in Italy at the moment in a company apartment but is hopeful of being back in the UK for summer. he has told me that he put a plan together to improve his burger flipping skills , but, he's said this to me for lots of years now and every summer when he has a BBQ he's useless, and I mean totally hopeless. So, whilst i admire his tenacity, words and conviction, I just know that come yet another summer, he will be useless. He makes goodly comments every year about how he is positive that this year will be better but alas. It would be goodly if he could at least flip enough burgers for 20% of the guests but that would leave 80% hungry so it would be a pretty bad show.

Troajan "when it comps to comp updates,good and bad.
i post hundreds of them,every week."

Yes, the same ones over and over again. Repetitively.

Good luck IE.

"1. Customer now shareholder got assurances face to face on a business plan to increase production before investing."
When has an assurance from Disasterman meant anything ?

"2. Said disasterman is now reporting regularly on the agreed business plan to new shareholder that has a very deep understanding of the mining industry so no hiding in Australia"
That is the same as point 1

"3. Business plan has approach to Spanish banks to refinance at a normal rate rather than the extortionate current finance once production issues resolved"
Possibly, but even if they halved the rate they have double the debt. WRES credit profile is horrific, for there to be any benefit the debt would probably have to be secured by a third party.
I see no reason for a third party to do that. Easier to let the company fail, buy the assets for 20p in the £ from the liqudator and start a new company with the debt gone. (Current Investors lose the lot if that happens) Just like Wolfe/Tungsten West

Your question is unanswerable. The 2 conditions do not coexist.
“ What happens if a miner can't produce enough material for desperate customers”
It could exist happily and profitably if it’s output generated significant income to cover its costs. If not then it borrows more and more money, raises cash through more and more placings, compounding a bad situation until ultimately it goes bust. No winners.

2phevs “ What happens if a miner can't produce enough material for desperate customers even though the miner is sitting on plenty of the metals ordered?”

So you are saying that WRES is deliberately misleading the market ? They have already stated that they expect 510t for the FY. They have already stated in prior RNS shipments that account for their production yet now you are saying that they could be sitting on a stockpile of product. They are not.
Why would they dilute the shareholders by 80%, allowing the share price to drop 70% and sell 12% of their business for a paltry £800k.

Pump and dump. Is that your motive ?

K3VMC
I have no ability to remove a post from this board. What are you implying ?

Supposition.

2phevs "Sounds like material inventories are way down on many specialist metals including tin & tungsten no mention of copper though"

NO MENTION OF TIN OR TUNGSTEN EITHER

Oh well there you go