RE: WRES/major shareholder6 Jan 2022 10:48
GUG
“ K3VMC, stop being silly. 1.62p was not a valuation. You call it a valuation, I did not”
What do you call it, the? Why else did you post it? What’s your point?
“I said a few weeks ago that it was destined for 3's.”
Ok.
“ I said yesterday that Disastermans sonnet has accelerated that forecast. Here we are at a mid price of 4.05p”
I can agree on the mid price, yes.
“The CFO is not to blame, he just juggles the numbers he has.
It doesn't matter who is to blame, it is what it is .”
Both points agreed.
“ICD have stumped up some cash, some see that as a positive indicator. The ONLY positive thing about this that it supplied some more cash to keep the company going. They are a metals broker they offer NOTHING that will fix the problems that are the root cause, lack of production, so quite why people think this will be a benefit is beyond me. More time perhaps ?
Of course, money buys time. I’m pleased that they have provided funds, in the absence of adequate positive cash flow.
“The writing has been on the wall for a very long time in my opinion.”
What writing? That ICD would invest? Clearly not. That WRES would need more cash? That has been the case since the company came to LP. Unless it generates sufficient cash flow, it needs outside cash. Do you think we didn’t know that?
Why do you think I have taken every available placing? To fund the company.
Just go back to trolling.