Member Info for L200

Nearly half the shares traded today are sells, the first 3 trades of the day.

If it is such a no brainer, pray tell me why someone is offloading big style ?
Why would I tell you how many shares I bought, have I asked you how many you have ?

I bought them through one of my brokers, I don't need to know where they got them from.

That will be the reason while in the last few months Orm has doubled in price and Wres has fallen !
It follows if Orm has 30 % of the project, then we have only 30 % of the debt !

Yes, I got my shares in the last placing .
I would like to buy more, but I think while their is someone selling constantly I will hold off.

I will be surprised if there is not a placing here before the year end.
The 3m or 10 m seller is probably thinking the same !.
A good question to MM, How much money in the bank, excluding the money earmarked for La Parrilla ?

Those figures are not Net profit.
Untill we have had a month or even 3 months continuous production, and we know the price we are getting for the Tungsten produced, and we know the total costs of production, then we should see the large rerating of the sp.

"10,750,000 sold but 19,400,000 bought "
You have got the figures wrong, there was a 4m rollover .

Sadly the price of Tungsten has dropped about 20% in the last month !

" up over 13% ".
Are you having a laugh ?
No change in price !

Has the 3m seller uped the quantity to 5m today ?

It is well above the placing price !

I don't think the seller is finished, if they were we would see a large rise in the sp !
The 2x3 m on Friday in the last 10 mins look to me as both sells, not a rollover or a ISA .

I would love to discuss the merits of both wres and orm, but sadly some of us still work for a living.
We will see who produces the most Tungsten next year.
You need to look at the figures again if you think that wres has 0.25% of orm's debt.

I think most of you guys would be better to reign in your hope of a big rise in the sp.
A nice £10k buy just went through, and not one mm changed their price, while they know there is a big seller they wont let the rice rise.
Even with news the price will spike up and then the seller will have a field day, and the sp will be back at the same price.

Ps, that guy CharlesScott that has 3% of the company sound a right hoot, Not

Mogwhy, thanks for the link. MM comes across well, I would have thought the re-rate in the sp that he was expecting should have happened before now, nearly 4 months later.
I would like to ask him now if he has any idea on who the 3m seller is .

No 5m buys !
Rollover

The guys at WLFE probably said exactly the same thing a few years ago !

You should have put your money in here when the sp was 2p, instead of Wres.
.Wres should come good in time, but it wil not rise until that huge seller stops.
And their is always a chance of further placings over there, unlike here in Orm.
Not to late though, I can see orm rising a lot further.
gl