Member Info for leapfrog

The spread needs to close down from .75 of a p to a more reasonable level as it indicates MMs are taking a large overall margin of ~1.5p for a complete buy sell or v/v trade. No one in their right minid would short this stock the total outlay for a decent profit is not cost effective.

A problem associated with apparent juvenile BB responses is often a reluctance to deal with an investment situation which is not addressed as it goes beyond acceptable loss parameters assuming a hope of recovery even whilst watching a situation become worse. The result is in some cases a heavy loss situation which becomes difficult to face as long as the ever present hope of recovery exists. Hence mentally blocking any adverse thinking to potential recovery in the hope somehow the situation will come good and all the investment recovered - Rarely if ever will that happen for obvious reasons - dilution,continuous fund raising etc., each event reduces the value of the sp nevertheless such straws as available in higher production rates higher product price etc., are clutched when in fact the continuous rising costs in production created by such as closing at weekends costly silencing machinery maintenance shut downs etc., to appease the locals are instigated - all go to making for an adverse sp at the end of the day. Whilst posters suffer those situations juvenile comments will continue. ATB

Prize for the clear thinking - some are paid by MMs really ? then it's the MMs who control the sp,you mean they are holding it back on purpose? is that clear thinking especially when the debt mountain had to be renegotiated and all the family silver hocked just to keep running there has been no profit for how many years and you expect the sp to run forwards. The spread is nigh on 30% because the MMs know if the expected RNS has no good news they are in for a hiding. It ain't the MMs it's the companies financial situation that's dire.Hence the spread. What's more it's real usually such a spread is easy to get well inside not this one. Still waiting that news. ATB

Thats what your hearing wolf huffing and puffing unable to outrun its growing debt, The MMs with that spread look like they are preparing for the worst. ATB

How is it that you think WRES is going bust? In terms of finance its in a much better position than wolf. I think right now WOLF if it does not have sufficent funds or gains funds to go forward will suspend or mothballed or shut Wolf has to get more funding one way or another as it is at the end of its tether. For far too long the cash burn has outstripped its earnt income by many millions. So dilution is a considerable risk to the sp. It's why I think the sp will go lower. Of course if production and price rise have increased over the last year and continues then it may be a different story. Of course make yr own minds up.

Now yr agreeing possibilities of dilution,how that equates to 5p Sp is a puzzle. If they take the dilution route They will need to raise enough money to give the company legs for a year so 1.7p to 2.2p is more realistic unless they try a 10 day VWAP at a ~15% ? discount if they tried that imagine the shortfall in response. Not long to wait for news.

Now theres a forecast- 'I believe we will never see these prices again' Expecting the company to delist,Close down or issue billions of shares? Good luck with that one. Best wait and see if the RNS says all is well and by the way we have such an income boost we can pay back all our debts and a dividend is expected. Dream on. I think they will need more money. .

This share despite making good business progress is one of those that has a constant need to raise capital for continued expansion,so until its income grows beyond the cost of expansion the sp will probably stray range bound for several years yet.

Why line up devastated ? I don't believe for one second a BOD member would be idiotic enough to communicate any information to any shareholder on progress that is not on the public domain. The situation is the sp on bad news will be decimated In fact it won't take bad news to devastate the sp Soft news will also devastate the sp viz;- the last series of RNS are all informative over the companies actions to turn around its fortunes mostly they have been consistent in advising the companies continual need to increase its cash flow by increasing debt. If they need additional finance and all the silver is in hock there is only one place to go and that is the shareholders. The later the expected RNS is the likely hood of being in talks with holders of debt is more than possible. So anything along those lines will also give more grief to the sp.

A 50% production alpaLZ2 licence in Germany 5p energy as ops partner with other aquistions to follow within Europe. BOD says both dividends and dilutive fund raising next year. Dilution will be Q1 ? Well Z2 in production now Drilling Z4 well with a lot of cash outgoing at least 7 million Euros plus various payments on milestones being reached. Then cash going to be required for plans to drill third well. Once this transaction closed in January looking to fund raise for next transaction. No prospective income figures to be seen See what happens when back from suspension?

I support the management because I can see what they are trying to do takes time and a lot of money. I can also see the income potential. Apart from that the income is always behind their business output this was mentioned and discussed some time ago. What I see because of their expansion expenditure is a dilution coming on the back of this RNS. Not happy with that but so long as business is going in the right direction it should recover soon enough.

Why are you bothering to make dodgy statements if your not invested!

The money received for the last shipment would have been the mkt price less 70% discount which was the agreed take off price.

Yes exponential I was a little sleepy :-)

I have been buying in at various levels as it is well below where I think it should be in the long term. It is a copper play which is well thought of a as good long term hold. As for daily gains the sp has not got any volatility.

A discussion maybe but the point is the 'harder stuff 'gives the mechanical problems so even if it is flying productionwisethere will be far more scheduled maintainance halts. In any event the expected RNS will state it's up to date situation.

If they are confident enough to state we will be getting an update on Monday I would expect that to be full of news building on their past statements about incremental growth. Should I add a few more? Not long to wait.

In that position I would have the same policy,it makes sense to increase holdings and lower the average. If the number of share chats start to increase at a rapid rate after good news. I would study the sp volatility,take advantage and trade a percentage of holdings to profit on spiking movements.it can be very successful so long as the interest has built up. ATB

Apologies more question;- Can you make an educated guess as to what such equipment + full toolkit would cost the NHS on presumably a contract lease hire basis. Number of potential sales ? Obviously the private medical market would also take up such equipment, can you give any stats for that. Again thanx in advance.

One thing I will not do is give advice nor tell investors to buy WOLF let alone what to do. As for WRES being a failure and saying WOLF is a success so it's worth buying that just is not true. I dont think many people will buy or even think of buying this stock as research will show it's in hock up to its eyeballs and not out of the woods yet. Such blind thinking suggests a lack of business acumen and a lack of business sense. I'll bet those that lack clear hard business sense don't operate stop losses even wide ones. So in my view WOLF does not have a decent risk reward ratio so I would not buy in whilst the fiscal problems remain unsorted.