The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Another ‘curates egg’ RNS. Good in parts. Can’t see this lifting much this year now. Doubt I’ll see my break even at .432 even this year.
And the Frustrating Share of the Year Award goes to WRES and it’s CEO Michael Masterman!.... (applause....or maybe not)
Hopefully no RNS today. Friday RNS are not usually good news.
Hopefully an RNS next week (before Friday, Tuesday would be nice) to tell us the new fit for purpose kit is installed and running, they are now digging in the right place and that we have £millions in gold!...ahhh remember the gold? Or did I dream that bit? Oh well we are all better off than the poor 38yr old girl I’m leading a service for today. Life is about perspective.
I did say this could drop below the .10 level. Not far off, could do next week at this rate. Sticking with it, **** scared I’m going to lose the lot but I’m so far underwater it’s not worth cashing in at this level. Jesus miraculously turned water into wine, let’s hope Masterman can turn Tungsten into money!
Not being privy to the webinar as I was working. Was any mention made of financial compensation for the poor kit supplied and the lateness of metal causing further delay? Sureley there must be some liabilty/blame to lie with the suppliers, I assume they insure against this anyway.
Other than that I wouldnt be surprised to see us below .10 this week which would see this bottomed out at that level surely? How low can we go???
I'd been hoping to treat myself to a shiny new Black C Class Merc estate on my profits...irony is I could have easily bought one with what I've lost!!! (on paper I hasten to add, not selling!)
Agreed Dreaming. Said for years MMs biggest failing is his mouth writing cheques his actions can’t afford. Always a good policy in business is to under promise and over deliver.
Guess that’s a no then as I’m out all day now
Does anyone know if the Webinar will be recorded and uploaded to the W website for those who cannot watch live? I have funerals and family meetings all day so cannot see it but obviously want to see that is said.
Let's hope Pablo's not gagged and is more honest than his 'used car salesman' boss.
Do not say. He’s said enough without actually doing anything that’s why we are in the ****
He’d better! So is mine!!
Nothing more to say really. Continued dilution. Continued slaps in the face tor us LT PI's. The only comfort I take in all of this is that Blackrock and Atlas (who will be the ones who really know whats going on) seem happy to continue to support MM. So thats one of two things. Either they are throwing more lifelines to try and save this project, and their money or they are convinced it will be a resounding success. What I really cannot fathom is why the hell the gold is taking so long to prove. I can't make the Q&A webinar but I'm sure someone will be asking that question.
Good luck getting a straight answer to those questions. Good questions. Very valid and reasonable questions. But slippery Sid aka MM won’t give that lot up.
I’m sure my heirs will be pleased to see the prediction of 4-5p. I’m 65 in December I can’t see that level in my lifetime! Lucky if this levels out at 1p at the moment. Still 5p would make me a 1/2 millionaire!! ??
Another year!!! I bloody hope we get our rewards this year yet!
I wouldn't want to be out of this over the weekend. There, someone had to say it. Have fun, chill, this will be what it will be now. It's built, it's supposedly, allegedly producing, looks like lockdown in Portugal is being eased, UK tourists returning from Portugal will no longer need to self-isolate after the country was added to the UK's list of travel corridors, so should help Regua along. Didn't someone mention Gold some years ago? Whatever happened to that I wonder? Q3 update in September please Michael.
Agreed. We are living in strange times and we need far more regular communication from our glorious leader.
A 'critical moment' for Spain
Spain is facing the worst coronavirus infection rate in Western Europe. It recorded 1,418 new infections in its latest daily count on Tuesday and said there were 675 "active outbreaks" in the country.
Salvador Macip, an expert in health sciences at Catalonia's Open University, told AFP news agency the country was at a "critical moment".
"We are right at a point where things can get better or worse. This means we have to pull out all the stops to curb outbreaks before they become more serious," he said.
In total, Spain has recorded more than 326,000 cases - the highest number in Western Europe and the 11th highest in the world.
The German foreign ministry said it had added a partial travel warning to the Spanish capital Madrid and the Basque region on Tuesday amid rising infections there. Warnings were already in place for the regions of Aragon, Catalonia, and Navarra.
An update from our glorious leader on any effect on the mines would be good!
Lol if I had £1 for every time I’ve heard ‘the SP will be many multiples’ over the past few years I’d have made more money than by investing in this!
Black 3-piece suit! Not ideal in this heat. Phew!
Me too I’d have had over 32mill for the same investment if I bought today! Was convinced we’d have been 1p + since end of 2019. Very disappointing but not surprising given our appalling lack of good communication. I know c19 has had an effect, it’s affected everything but he can’t use that as an excuse for the stumbling start up. That’s down to him and his chosen supplier and management. Let’s hope the new boys can kick ass and get this party going.