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Gunpowder., Treason & Plot.
RNS today perhaps?
How apt that would be.
"If the company has any value..."
No NTAs, No revenue, No contracts.
12 years of "Jam Tomorrow".
Worth SFA
SPOT THE DIFFERENCE COMPETITION
RNS March 2020:-
The first blast at the Régua mine in Northern Portugal was safely and successfully completed last week. Mining operations have been underway since February and the first blast signifies an important milestone for the project. The blast opens up the RL240m adit zone which will cover 122 metres prior to intersecting ore. The ore will be trucked to the Crusher Plant which will be located in a nearby aggregate quarry for initial processing.
Engineering and procurement is advanced for construction of the Régua plant. In addition to existing spirals, pumps and screens on-site, a new VSI mill (Vertical Shaft Impactor) has been procured from Spain."
If you can spot ten differences between that missive and Monday's nonsense, you'll be getting a good idea why it is some of us are growing tired of this now.
IE
Clueless,
Getting to smell the coffee yet, Mon Froot?
IE
There is also the danger that the commodity markets regress.
Nothing goes up, or stays up, forever.
Well found GIT.
50p well earned.
Wrong again. I only have one employer and he is 6'2".
Clueless, as ever. (:-D
There was a 250,000 sell, LSE not showing.
"It doesn’t add up that it takes that long to get Regua going"
From the latest RNS:- this "clears the way for the environmental study to be submitted which is planned for Q4 2021. Approval of the environmental study will allow the release of the underground mining works authorisation, which is a key condition for the commencement of mining."
They're going have to wait for the Portuguese to approve the Environmental study, which hasn't been submitted; probably not even commissioned yet.
I'll eat my hat if they get Regua into production next year!
IE
Safety
https://www.linkedin.com/in/michael-masterman-0863592b
Nothing to do with WRES. He is there as CFO of Fortescue:-
https://ffi.com.au
They're offering 200,000 shares for 6.40 now.
Best I can get is 6.31 for 100 shares now and I would have to pay my broker £1.50 to take them off me.
1000 shares NT to sell, 6.48 to buy.
Definitely a buyer's market today.
Yeah, give it a really good Whack this time - it doesn't appear to be functioning as prescribed.
To my mind, any significant fund raise now would have to have been forward sold and there has been no short selling below 10p as far as I can see. I was gob-smacked by the last placement at 8p and I just can't see anyone going for it again at any price.
This could be sold down to 5p with a million shares at present trading volumes; just see what it took to take it up from 6.30 to 8.30p before the Q3 results were released.
Just have wait and see
IE
There is still the Atlas facility for a quick million to keep the lights on (:-D
Well I can't sell one share through ii.
They are offering me £200 to refer a friend though.
Dreaming:-
That was me. One if the managers had the courtesy to walk out to the car park and speak to me briefly. He concluded that I should drop off my CV which I have still to revise and update to suit the application.
I just need access to a computer and printer which is either going to be Cáceres, Badajoz or Castelo da vida.
I live in Extremadura but still over 100miles from la Parilla. Arronches/Assumar is much closer and, as I could commute there daily, I might as well wait till that starts up.
Also my residencia is Portuguese ATM, so it makes sense to work in Portugal, possibly using my UK UTR company.
No rush.
IE
My info is from my kitchen window and it is, on and off, light and heavy showers where we are.
Saturday was torrential rain all day; we had to put towels under external doors to stop flooding.
IE