Member Info for L200

That last trade of over 2m down as a buy , looks like a sell to me .

Someone selling in 250k tranches is keeping a lid on any further rises !

I apologise, I thought you meant me.
Atb

What is yourpoint ?
You accused me of misinformation yesterday, Wres was down over 6% yesterday, not a intraday 6%.

Thank you, not bad for a livestock producer

So if you have say £100k ( which I am sure some guys on here will have ) invested in Wres, and it falls 6%.
You have have a paper loss of £6k.
If you don't think £6k is not much then you must be a very rich guy.

I open you as well.

I would say a 6% drop is more than a little !

Just as well GETINTHERE is still on his run and is still oblivious to the news.

Dave, do you not realise you and the rest of the existing shareholders have just been diluted by 5.5%.
And you think that is not a problem !

And you know it all.
You implied 2 days ago that I was talking rubbish when I said the next RNS would be another drawndown ( ok it was not a drawdown but it turned out to be more debt )
My point was they would need more working capital which you dismissed saying they should be ok.
As you tell us nearly every week that you have only 20% of your net wealth invested in Wres, then it wont be a problem if you lose it.
Have a nice evening

You just don't get it.
It doesn't matter if you hold shares or not, it actually helps if you don't own shares because then you can take a backstep and actually see what is happening with Wres.
The Debt is getting out of control.

I said yesterday that something was coming with the strange trading.
I admit I presumed it would be the Atlas facility for 0.5m, and not a further $7m from blackrock !

I thought you would not be able to explain it !
Around 8 buys this morning, and ne reaction to the sp.
You don't think Atlas are forward selling, lol

If I was holding the number of shares that some of you guys are then I would be emailing or on the phone to MM or their brokers, asking them to check their figures.
We know what they shipped out for both Tungsten and Tin in the first 6 months of the year, we also know the quoted figures for both products( roughly).
So how can their income be only 1m euro, when they should be closer to the 2m euro.
Either their production figures are half of what they said , or the prices they receive are only half of the quoted prices, or less likely they have their income figure wrong.

Getinthere,
Can you explain why in the accounts it says there was 1m euro in income, yet if you put in the figures for both Tungsten and Tin at the production figures quoted in the last update, it comes to around the 2m euro !

Looks like Atlas are forward selling, next news will probably be another £0.5m drawdown.
All buys since around 9.15am and the price falls 10% !

Sell on Monday , and then p##s off .

Shipped Tungsten for the first 6 months =89 tons. 89x100x 180= $1,602,000.
Shipped Tin for the first 6 months =40.8 tons. 40.8 x18,000 = $734,400.
Total income = $2,336,400x 0.77 = £1,799,028.
Call it £1.8m as opposed to £1m in the accounts.
Something not quite right here.

Wres now down 7.5%, because of his lack of communication and nobody understands the figures, and it will just be another drawdown round the corner.