Member Info for oldskool

Chaser...come and give me a BIG kiss x :-)

Hbob. Hmmmm. This needs a few days to settle in. I think the market remains nervous of MM and WRES. Lets see which way it turns. Patience. I do wonder why MM has not bought those at 0.5 yet? Perhaps an RNS tomorrow. Although it could still be considered a close period as production numbers are due within the next month. Finances sorted AGAIN, how many times is that now? The BOD dropped off, the Spanish investor dropped off and where is MMs open wallet. Like I say, perhaps an RNS tomorrow. 5 million is a good wedge, why so much and why the instant draw down on the lot? Terms? It was 2mill plus a bit. The 5 million lender is not the same lender as the original loan. A different branch/arm and I am going to suggest that the rates are higher than the original loan. I cannot back that up, but it is what I think given the fund. Why have the rates not been mentioned? MM did mention the rates when making the original finance deal. Why the scratching around only weeks ago and now 5 mill? Hmmmm. Blackrock sit around the table, is this just recently or since the original loan was secured? Absolutely no money in the pot for sure and would suggest a burn rate higher than 500k a month. Did BlackRock smell easy money? Now 5 mill, that has bought some time. Perhaps some of that money has gone to Allmineral as part of a deal for mining kit at Regua and compensation re steel work delay? I still am not convinced that Allmineral will cough up anything. Production numbers now needed.
Each to their own. My methods work for me enough to make it worthwhile. I will keep an eye in... you never know. Sleep well all.

RK. WRES may not be for sale to you...but it could easily be sold.
WRES held some of its gain, that is a start.

Gathering pace....yes, look at that volume.

BigEvi. Watch for a spike and then let's see if it can hold.Cant see any TnC's can you? Rates? Period of repayment?
It is always funny to see what some people read. So the RNS states '...and development work at Régua as we work towards bringing our second mine on stream next year." Working towards. Vague.

Charts hey. MM, rabbits and hats...come on. Without it, and a Christmas holiday coming up, ohhhh.

Ouch.

Climbing...shorts? Where?

Safety...that is why I am anti woke, anti PC and anti blasphemy laws through the back door. Issues need to be discussed, otherwise that anger grows, hate begins to show its face, views become entrenched and polarised, then it boils over as we are seeing now in the West. Ideas need to be open to scrutiny and criticism, this is how society grows and develops. Evolves. The moral zeitgheist needs to be fluid. Otherwise we regress and the dark ages await us. Society needs much less of 'tolerance from thee but not from me'. Happy Tuesday.

Safety. Again, you make very valid points. I may have to revisit my view point. Hmmmm, Mrs Oldie will be impressed. Kids tv is good, that I do know (mine love it). None of those nasty adverts selling cheap plastic tat and creating consumerist brats. Perhaps I am being selfish as I dont watch it, so feel that I shouldn't pay. There must be a half way house, hmmmm. I will give this some thought and reflect.

Safety, all valid points. I have nothing to counter them. They are good points. Negatives...vast amounts of waste. Over paid and under qualified celebs. Churn out shi#e in the daytime. Why should someone over 75 pay for that daytime drivel, they are over 75 not brain dead. PC and woke b/s being rammed down peoples neck. Now I could be totally out on a limb here, but I recall radio services not being part of the licence fee. I use a subscription service for music. The dinosaurs died out...

ORCP? Are you one of those in a closed group? Pump and dump crew anywhere? It was up 300%. Great if you got in then. A coal mine in Pakistan with rumours of the fake sheik and the Chinese? Best wishes.

Safety....I watch in because I was in this for many years. Too long. I would come back under the right conditions. I have always said that. However, peeps have lost a lot of money here (those that sold at a loss) and there is a risk to new investors and old a like. This is still not invisible for me.

Safety. Absolutely agree. He is a nightmare on steroids. Although I do wish for the BBC to be gone. I am happy not to pay, but Mrs Oldie wont allow it. BBC is a propaganda machine for the woke brigade. Impartial news...my ar$e.

BigEvi. That is the problem. The funding isn't sorted. It should have been, but it isn't. Why? What happened to 0.5? What happened to the intent of BOD and MM to then become intent of MM only with some nice and lucrative loans? It is not for me to mention that debtors get first dibs. It is close to 50% off 0.5. The share prices needs to rally nearly... how many percent to get to .5? Who in their right mind would chuck money in at that? Good luck. Why is the price being held down, and it is? Is it due to news flow, slow attrition of faith, poor financial management and a couple of other bits including the rollovers. Why?Why? Why? MM needs to get the financials sorted, and not some 's&it my pants let's grab what we can't' package. Ge that sorted and a good deal should see WRES over the finish line and some viable production. There we are, a lead in. The second part is production and costings. There is a dearth of volume and buys. Why? Because people that haven't followed the story are not buying it. Moggies share list (I think that was Moggie, sorry if not) shows you how few are invested and how much they own. Some PIs have shed loads in this. Moggies other list is well, errr, umm, errr. A few PIs hold a lot. One significant one has gone, saved himself a packet. He may come back in.Now this could, equally be a good thing, as the shares are sticky. So a rise means a rise. Take the story out, and there are legit concerns, including further dilution. So, MM numbers please...could be tomorrow. Mcap is getting really low...very very cheap.

Ohhhhh. Not good. Wtf is happening? MCAP even lower. Rollovers continuing from an undisclosed source. Hmmmmm. Traders turning up ha ha ha. Yeah right. The spread movements are nuts and this is still not settling yet. How is the chart looking Geng? Stuck clocks and all that. Now, who was it that ****ged off Jaf for selling 'on the bottom' in the mid .4s? WRES has form and it also has no money....where is the money Michael and who on earth is buying at .5? I wonder if that Spanish investor decided the risks were too great at .5? Perhaps tomorrow.

I like to try and buy value stocks so dont necessarily buy the SP. A bit of Warren B in there somewhere ha. I am more of a buy the company...value I suppose. So company and SP have to be right. So, right now MTRO is looking interesting again, but not without risk. SP here is cheap on paper...but the funding shadow lurks and MM isn't helping. He appears to be actively destroying value. That Spanish funding debacle is embarrassing. CFO? Really? Why? Cheap SP means cheap Mcap...who could benefit from that? Not the PI for sure. Am I worried about dots that dont need joining? Maybe. We all have our strategies and research methods. Anyhow, let's see how this rolls in the trading days until Christmas. No news will be very bad news, other news may be beneficial. Maybe Gengs chart will work out this time. For those in the red (most here now) I hope his chart is on it.

Why will news on Monday send it flying? You assume the news is beneficial for the SP. There hasn't been any of late. There is a great big shadow hanging over WRES called funding. I said several months ago that I can see 0.25-0.29 and that could tempt me back in. It hasn't. Again I could miss the boat, but I am now going to wait as no news before Christmas will see this go lower if not before. Come on MM, Santa rally on the back of a good funding deal.

Geng...didnt your last chart call bottom?

Hmmmm. Is this the last rinse before a rise? I am not convinced. Finance MM, money in and money out. Still no sizzle, oh boy. Sorry, I am a troll and was berated for selling out and then suggesting this could go to the .2's. Almost there, and I wouldn't wish that on the investors here. MM get some news out, solid news.