Member Info for K3VMC

My posts being deleted as they are made, so back to the sunshine.

Jaf, well, there you go. Sorry if I ruined it briefly, but my general point stands

These investors want a chunk of a company.

They agree with the company that the shares are undervalued, so are willing to pay the priced asked by the CEO.

The ceo is happy, because the generic company gets to apply the subs to the task at hand, AND sends a big message to the market that substantial investors agree that the sp is undervalued.

Many investors understand that message, but some don’t, and become utterly confused by the simplicity of it all.

There you go. Your argument restored to its original and full glory.

Jaf, no need to be like that.

Ok, I could have replied, “ because the buyers want their subscriptions to be paid to that company “, but I didn’t see the point in eating into my word quota unnecessarily.

Of course wres is not a charity and of course the subscribers believe they will make money. The resource is vast, the (as yet, don’t bore me with the unproven bit) costs are very low and western companies want a secure source of tungsten.

Not long to wait now. First ore through the newly commissioned concentrator in the next ten days.

Good ‘ere ‘init!

Jaf, another scenario.

The investors want the money to go to Wresources.

Andy, I agree with you.

TT, Mr Masterman has put everything I need to know in the RNSs we have had to date.

If I had a spare million anything, I would happily buy at 0.5p

RNS next week for first ore through new concentrator.

TT

“and someone else wants to add 2M Euros at 0.5 too... WHY ? Are we sure the RNS should have stated 0.3 instead of 0.5!!”

I’m not going to tell you any more! Work it out for yourself!

You need to stop listening to your own propaganda.

:-))

Attila, I truly believe in my heart of hearts the we should be nowhere near these levels. I believe that the mine will be a fantastic success and I can wait very patiently for the sp rise and the financial gain, but I am very keen, keen to the verge of despair, in fact, virtually maniacally obsessed, with not reading dull, mindless, faux angst.

Nothing personal, of course.

ORM is still shifting dirt to get to decent ore, but seems to be mining some tungsten as well, though not enough to make any shipments for some weeks.

Also trying to borrow another £10m from Oaktree. Looks like someone will make money out of that mine, which is good.

Comparing WRES with ORM just shows what a great job we have done in getting LP up on a much smaller budget. Some excellent returns to be made here and you can understand why the WRES bod has vastly more skin in the game than the ORM bod.

All imho. Apart from the bod’s holdings. That’s a fact.

I agree with L200 that they are rollovers.

The 4.5m trade wasn’t.

Anyway, next week will be the big one, imho. I don’t understand why the market is waiting for first ore to be RNS’d. Wres already RNS’d that first ore will be within September and we all know that Mr Masterman has never, ever missed a deadline.

:-))

Mother, there was a trade with information on it. One bit of the information was wrong, so they changed it.

I can’t make any simpler. There was only one trade, with an original record, then an amended record.

Mother, I chased up the 4.5m and the -4.5m trades.

The first trade went through on a T2, but was subsequently amended to be T1.

Nothing got reversed.

Bullish harami cross as well. More director buys and a subscription at a 25% premium.

You would think more investors would be taking an interest next week.

L200, always difficult to come in, half way through a conversation. Mother is talking about the 4.5m trade, followed a day later, by a -4.5m trade.

Mother, Kev was in a plane yesterday!

Mother, I was looking at those trades as well.

I think I’ll phone my broker on that one. Later today.

Maspalomas has sand dunes, to be fair.

Attila, that’s one of your most complementary posts to date.

:-))

Who knows, one day we may even start our pr master plan.

L200, the loan will be restructured, the repayment period extended, interest rate slashed and an early dividend is very much in the mind of Mr Masterman, ceo and largest shareholder, as he has oft opined.