Announcements10 Mar 2020 07:27
Interesting news out here today....
1. mining at LP seems to have taken a quantum leap forward after a period of shutdown in February, although we don’t know how long this period lasted for.
2. Nice to see Regua progressing.
3. Whilst it’s not a huge fund raising its great to see such a high premium paid, no doubt these investors got the low down progress to date. I’m ok with this.
4. We seem to need a lot more capital to progress our mines than was originally planned.... my assumption is revenues to date are much lower than expected so perhaps the shut down in February was quite meaningful.
5. I hope MM takes this opportunity to strengthen the board.
All things considered I’m happy with today’s update. Will I buy more shares in WRES today, hmmmm not sure, but I wish I’d bought some yesterday.... alas, I was on the golf course.... could have been an expensive round.... lol
Gla better days await....