Member Info for goingunderground

Safetyman "if positive news were to continue over the next period"

You really think 35% dilution in a placing with warrants taking dilution to over 50% is positive. Can you give me an example of bad news please ?

Safetyman "it is now third quarter."
Do you operate on a different calendar to everyone else. The Third quarter starts in July.

Time will tell. What I do know is my summations have been correct so far. Had I invested at 35p (equivalent) last March. I'd be, like many here. Deep underwater (like the mine)

GENG The fund is managing £1bn. £500k is a drop in the ocean and will sit firmly in the high risk category.

Fundamentals = Debt, Money In, Money out. Nothing has changed. No profit. Increasing debt that it cannot afford to service.
Anything else is just ramping by Trolls that are heavily invested and massively down.

Funny here.
Its rinse and repeat again.
Other then the dilution announced a couple of weeks ago of 35% without warrants, nothing has changed.
Production is miserable
Debt is rising every month
Dilution is the norm.

This is a speculative punt by Crux in the high risk category. YET, people get hooked in, see this as an indicator that things must be better and put their pocket money in this stock. Its happened before and the outcome will be the same. Back down after a small amount of excitement.
Fundamentals. Nothing has changed.

You must have a short memory Safetyman. Read up on it. DYOR instead of being lazy

Disco. I was correcting Troajan who is unable to reply on the thread. Not you

bridge.

Best to send your question to the CFO. He seems to give straight answers.
investor@wresources.com

He has not bought the £250k yet, you are ahead of yourself. Doubtless there will be announcement when(if) he does, probably after the FY2020 report is issued. It would not be the first time he has said he will take shares but does not

a modest relief for you

No, not Troajan.
The new investors that arrived with the expectation of a quick profit. I don't want to see people making a quick loss.
Its nice that Troajan would be happy to see 5p and he genuinely believes it will get there, hence he holding back. He's savvy, he might even be selling now to buy back at his 5p target price.

This starts the play at Atlas converting in the 6p range if they would like to. Remember that, if buying at 7.5p. I hope the people that bought in at 8-10p have some stop loss set

Weekend looms

2020FY Accounts likely not week

A slot payment Rediffusion CRT won't

Not ever

I've spent 10 mins on here today. Stop moaning on.

Bridgedoggi "How many companies on aim have more expenditure than income and are valued at multiples of £6m"

Tungsten miners WOLF and ORM did. Where are they now ?

Bridgedoggi. "The gap to profit is closing as we speak"

Actually the debt to Blackrock alone is growing at $500,000 a month. Lets assume they hit the "highs" 100t per month W Concentrate. Thats $5000 of debt for every Tonne of concentrate, add that to your equation.
That's before you figure in the other term loans and actually making capital payments. This is so far from profit its not credible.

Bridgedogg1 "Nice video of the operations. Worth just £6m??"
It also comes with $65m of debt. Its a nice bundle. £6m for a Meccano set and $65m debt.

6p not 60p. That will be closer to the mark. No tittle tattle