Member Info for mogwhy

I doubt Michael Masterman would have spent more than £2m of his own money buying shares if he wasn't honest.
And note how much salary he takes out of the company - zero.
I still think this is the best risk/reward AIM stock I've ever seen.

and watch this short video at least once a week :-)

http://tinyurl.com/ybmrubzs

And don't forget about the 60km of zinc we may also have !

It can't be BlackRock unless they are forward selling some of their 5%.
We'd get an RNS if they exercised any of their warrants.
Was anything said at the AGM about the recent sp decline ?

It doesn't matter what the share price is today.
Unless you want to buy or sell.
Or you're an over-leveraged spread better, lol.
Roll on 2019.

Code 300, wink, wink. Lol.

Starts at 15:30
http://tinyurl.com/y89uqw9y

http://tinyurl.com/y7x9j98v

http://tinyurl.com/yaqp85kl

Welcome Geng. Do you have any more info on the big order that you briefly saw about a month ago?

The appearance of the trolls and bashers recently also suggests that it's the market makers that are accumulating. The weak holders who haven't done proper research sell out which is why they never make money on AIM. The MM's hate long term investors like us cos we just sit tight and wait, or top up on the dips !

Troaj, safety - most of the market makers have trading desk operations, so as well as being market makers they are also traders/investors like us. We are in an accumulation phase at the moment. I suspect the accumulation is being done by the market makers, as the volume is low and most PI's have already taken their positions. Search youtube for some videos on the subject.

thanks jaf - there's 4 extra variables to consider since those figures were published. 1. The considerable increase in price of APT. 2. The extra funding supplied by BlackRock and the non call period of 2 years. 3. The grant which should be easily achievable. 4. Extra production from Regua which looks as though it will start before La Parrilla. I'm very comfortable with the risk/reward here.

jaf - why would there be a problem with loan repayment if production was delayed into late 2019? From RNS 16 Feb 2018. "The Loan is for a scheduled term of five years, with a two year non call period."

;-) "At December 31, 2000, BlackRock had 727 full-time employees, including 159 professionals in the portfolio management group, 181 professionals in risk management and analytics, 178 professionals in the separate account and funds marketing and client service areas and 209 professionals in administrative and support departments."

Ahem, it's au fait :-)

lol - BlackRock has never had anywhere near 40,000 employees.

The people who matter think it's feasible. Or should we listen to a keyboard warrior? Michael Masterman, Chairman of W Resources commented: "We are delighted to have partnered with BlackRock to obtain this US$35 million secured term loan facility. The Loan provides full funding for La Parrilla and now it is full steam ahead. "Engineering and planning at La Parrilla is advanced and the three primary construction contracts have been awarded. As outlined, the timetable to deliver the project is 12 months from the close of financing which moves the Company into production in Q1 2019." David Trucano, Portfolio Manager, BlackRock Global Credit team commented: "We are pleased to provide funding on behalf of our clients to restart operations at La Parrilla, one of the most efficient mines in Europe. We believe the current dynamics of the tungsten market present a unique opportunity for W and our clients."

The bottom must be near :-) http://tinyurl.com/ya3o4rc3

yazz - do you know how much the chairman of wres gets paid ?

lol - daytrader doesn't understand the basics of trade reporting.