RE: WRES Gardening Nuns Society Farcebook Page23 Aug 2021 14:07
Yep I thought it was hilarious too. 40p would make me a nice little profit of around £14000, not anywhere near what I thought I might make pre Consolidation. 400p however would do very nicely c. £500000 and all my stock is in ISA. Personally I'll be happy just to see 29p and be able to cut and run if I want with no real loss. At the moment in feel that will be a good result. Can't see this pile of dirt ever getting to 400p let alone 40p. Shame cos I've invested in masterman before and made a goodish profit, I'll be very pleased and very surprised to see my current ave of 29p met anytime in the next year or so.
WRES Gardening Nuns Society Farcebook Page23 Aug 2021 09:07
And I quote.. "This group was set up for a group of investors in WRES who also like gardening and nuns. We hope to be celebrating in 2019 at the 4p club." Oh how we laughed. So if we were at the equivalent of 4p now we'd be laughing all the way to the bank....but we are not. And after consolidation that 4p becomes equivalent to what? A lot more than we are currently worth. 2 years on and still no further forwards in terms of value. Market has zero trust in masterman, too many false dawns. He really needs to start putting out some big numbers going forwards. To late for talk talk now he needs to start walking the walk.
I agree totally Jaf. I'm invested and only recently topped up with 25k shares. I'm still invested because I do believe that this will come good at some point. I've been critical of Masterman in the past and still hold the view that he's mismanaged the build up and broken too many promises and as a man I no longer trust a word he says. But, I have to remember that he too is heavily personally invested and that its in his own interests to make this work. So I'm hoping to see 29p which means I'm back at evens and then I'll make a decision whether I cut and run or try for a bit of profit.
Wow Gold!!!...Just imagine if WRES had a gold mine...Oh hold on...we do. Whatever happened to the Gold? Seems just a dim and distant memory now as does my 43 bloody grand!!! Come on Masterman excract thy digit!
"next months update's going to be very interesting"....Understatement of the year. I'd have used the words critical or crucial. We need some serious figures in August to make the market (and me) really believe in the company and that there will be no more missed deadlines, broken promises, and false dawns. Not wanting to 9155 on anyone's parade but I've listened to Masterman telling us everything is alright on so many occasions when it hasn't been I may be forgiven for not believing him. My bailout for this was always targeted at the end of this year when I get my state pension and was invested in to bolster that. So, as long as all goes as 'promised' now I may still be on track to bail then. £1 a share would be very acceptable by then....£5 would be even better but will never happen...lol.
It will make a very pleasant change for us to receive news that we have over achieved rather than the usual over promised and under delivered diatribes. I look forward with anticipation to being pleasantly surprised.
Ones position on this is dependent on your breakeven. I'm now at 29 having bought in again in these recent lows. I started out at 43p (using current values), reduced to 35p and then to 29p. I cannot see me getting 29p by q1 2022. But who knows? Bit of gold news may help.
RE: Coulee actually end blue today?15 Jul 2021 17:09
.29p will stop me moaning....and masterman actually doing what he says he will when he says he will. We are miles behind where we should have been. Wrong kit ordered or delivered wrong, I'm advised by a BP geologist that the flooding issue should have been foreseen in a proper survey. So, when we get what we are promised and I'm back in the black I'll be happy.
Sorry, you've bailed. I too have no faith in Masterman. If I sell today I lose £37k and if I cash in realize around £6k. I'm fortunate that I don't need £6k and if I did I have it elsewhere anyway. I feel so sorry for anyone who has had to cash in given the prolonged run-up and broken promises from the company. Believe me, I'm not staying in this because I trust or believe Masterman, purely in the ever-increasing vain hope that one day I may get my initial investment back.
Fortunately not hard up for the £6/7k I'd get for selling right now so I'll sit tight and wait. I still think masterman is a disaster, despite having just chucked another 25000 shares in my pot, as you say to reduce my ave and for no other reason.