Member Info for K3VMC

WRES. Meteoric may be the wrong term tbh, but with a mcap of $30m and 2019 ebitda of $20m and perhaps as much as $40m, there has to be a correction sometime soon.

IMVHO

Smug. Not a particularly attractive trait.

:))

Nolupus, what do you mean? People are buying, people are selling. That is what happens in a market, trolls and shorters permitting.

Since you are not an investor here, is the sole point of your presence to undermine confidence and gloat? I am still a holder. I am buying elsewhere at the moment, but my time will come here.

Funnily enough, my missus bought on Friday. “My” top-up this morning was, in fact, the rest of her order being filled, hence why i wasn’t sure of the amount.

My missus, is very risk averse, so I take her buying as a very positive sign!

Still time for Roy to pop back in to see us.

I never think of jaf as a basher. I think he just likes to prove his point. The fact that we all accepted his point in the first place just escaped him.

Cannot wait for the dirt to be transformed into non-dirt.

Top trumps, Bob.

I bet you beat Woodside at leeks. Well, you beat the whole board at leeks!

$40m imho.

Just checking if jaf is awake yet.

Eggchaser, is that your 700k, or mine?

Safetyman, are you sure we are still in Q2?

Courtier, I was very happy with SRON and its assets. The business plan was clear and seemed very achievable. I like clear, preferable accompanied by simple. Profit-making is also good. I had all of those with SRON, but now have a totally different prospect. CORO could be a great investment. I have no doubts about the ability of the management, or the value of their contacts on the ground, but no-one knows when an opportunity might come, or if they will have yet another placing to fund it. In other words, I have no visibility on when I might make some profit here.

This is in direct contrast to another of our stocks, where i can easily envisage meteoric growth in the medium term. If I could shift the bulk of my investment here into there overnight, I would, but given the liquidity issue, that is just not going to happen.

The ore is there. I have seen it in all its glory.

That is only LP, worth a ten bag from here.

Then add in the rest.

Bob, I only said that major holders will not sell. As far as I know, you are as stalwart an any of us, though I have no idea what your holding. If I can say that on a bb.

Honestly, I do not think tricky is a troll. More importantly, what does it matter?

The guys on the ground have built more than their fair share of mines. We have the best kit money can buy. We have the resource. We have the finance. We even have a EUR5m+ handout from Extremadura.

All that adds up to $35-45m ebitda in 2019. Whatever MM is sellling these shares, and it may not be the US one that has been suggested before, is doing all investors a favour. We were loadin up at 0.55p+ before they started forward selling. Maybe they expected a placing? Maybe they thought we were weak holders? The top 10 shareholders have 60%+, to the best of my knowledge, so no-one is selling from here.

Maybe a little director buying in the market, is all that is needed to give every shareholder the same confidence in WRES, as the major shareholders?

Time will tell us all.

Placing, as i predicted in May.

Still a very good company,imho.

You have to ask yourself why a seller would advertise their selling so blatantly, don’t you?

If I wanted to maximise my returns, I would be subtle. Change the amount, at least. Change the frequency.

This is clearly display. Wave hands in the air. I am a regular seller. Beware!!

Keep up the good work. Buyers are still buying. Let’s see where the he sp is in three months time.

GLA

No oldskool. He is not trying to take your dirt. He only wants to post that we are too opinionated to listen to him.

Not HMG. Phone them and ask.

Is not dead!

No idea who or why, but the fundamentals remain unchanged and considerable.

$40m ebitda is around £30m, which is 30% greater than the current mcap. Go figure!!

So, let’s say that Mr Masterman decides to reward patient, supportive, long term holders and pays a very conservative dividend of £5m. That is a 20% dividend.

What would that do to the sp?


Jaf, if you want to have a dirt conversation, I am happy to chum along with that.

Wait! Oldskool! I have secret calls?

Fab! I never knew that

Bob, we can taxi all the way to 2019. Pay off without lift off is ok for me.