Member Info for oldskool

https://twitter.com/Roskill_Info/status/1196367322488946688?s=09

Some PR for you all. Troajan, stop watching police and crime shows. No such thing as hard evidence. It is either evidence or it isn't.

Wow, combining Children In Need with County Lines. What kind of xxxx does that now? Someone that has no idea about County Lines, CSE or the work that CIN does to try and support those affected. Ignorance is bliss though hey?

Soulsister/Troajan...you invite comment. Have you looked at the sums? Blackrock are not lending him anymore, why? Happy to roll the debt again, I wonder why? Financial institutions are clearly hesitant with regard to lending him anymore. Why? Why couldn't the 2 million be secured? Who else has rejected WRES in the last 2 months? The paragrapgh about closed periods and terms and conditions could be due to Blackrock having to be consulted as the primary lender. They need to protect themselves. Surely a top notch CFO wouldn't just sit on their ass would they? A top CFO would be out there seeking funding. Options. This is a scrappy mess that says 'we need money, lets grab whatever we can from wherever we can'. The .5 has not happened. So come on, all those that said it will rise to 0.5 on the placing, where are you now? IT DIDN'T HAPPEN. The numbers don't add up. Why leave the news to last thing on a Friday? I intimated that this would happen. The first sign of this raise failing (not meeting expectations)was the removal of other BOD members from the last RNS. The money raised (remove expenses) is not a lot. Cash burn here is pushing 750K a month. There was 155k in the bank, that is days of money, days. Yes, days. Lets say enough until next Friday shall we. All piggy banks have now been emptied, I hope WRES has some production going on...not mentioned though is it. Grant is now at least 2 months away. Where is the money going to come from? 2 million (minimum) was needed within 2 months. Still no 2 million, yet it was needed. Clearly it is needed. Maybe MM has a whopper under his belt. Well, next Friday it is then. I am sure the instability in the APT price hasn't helped. As always, it is not what is said/written, but what isn't. Anyway, at least this will create some green boxes for people.

Mogwhy...why? It is much like the ramblings of others who said SP changing news before the AGM. The coin has two sides. What if the funding arrangement is not going to plan, delayed or in need of a rethink? He would delay it, would he not? The 2 months ends tomorrow, and MM was very clear that the money was needed within two months.

Cookie....what news is the question?

“Do not waste time by reading opinions that are mere echoes of your own; read opinions you disagree with, and you will catch aspects of truth you do not readily see.”

Charles Bradlaugh (1833-1891).

Have a lovely day all and may that funding red dot pop up later today. Only 2 more trading days for Michael to risk missing another deadline.

Troajan. I haven't mentioned anything about other companies and finding a comparative. You are reading back your own narrative. I am not interesting in comparison. I did however pick you up on that 6 year nonsense. I think you then realised you looked silly and added in the licence bit. In relation to your SPaG (spelling, punctuation and grammar), I have no words. None.

K3. As a point of reference what describes a good person? Good is a rather subjective term.
Troajan. I have said before I cannot engage on your level. It just doesnt make sense. Incoherent even.
Anyway...must go. A relief for some, no more green boxes for the ignorant.

Troajan. Please, for the love of sky fairies, stop going on about 6 years. Where the f##k do you get 6 years from? When is your start, that may clear up the chronology?

Indeed, 50k is a bug lump to throw in in one go.
K3. MM has already said he expects full production to take about 9 months so why would half of that be capable in very short order? Surely a more graduated ramp up is the order of the day, and to be expected.

GIT. Actually I did say that there is a risk of WRES going plop. This risk exists with most companies mind. This next funding (fully funded and under budget ha) is vital and it needs to be right for WRES. A placing, not at a premium, will take the SP down (egg sucking noted). So, let the red dot with a funding solution come about. The market awaits. Premium placing good, standard placing for several million bad. Alternative funding.....very very bad. Waited almost 2 months for the financing and now down to the next few days. Exciting.

Of course, if Michael gets that 0.5 away with no give-aways then it should be next stop 0.6.

Safety, as always there is sense in what you say. However, you appear to be coming at it from the story perspective (not a criticism). From a purely investor point of view why pay 0.5 when you can pay 25% less (or even less than that)? WRES needs money and it needs it now. So investors tell MM they are in with their millions but at a 10% discount to the current SP. They, as I see it, hold all the cards. They have even dragged it out a couple more months and know things are getting a little hairy. MM says no as that wasnt the initial deal/discussion (it is his baby). So they walk away. Why pay more whe you may not have to? Cash is king. This is what I do not understand and is the reason I am still not back in here. Yes, that is the risk for me and also the reason why I may miss out on some good gains in the near future.

Wow, busy few days here. GIT hasn't let me down. Love the green box comments.
Troajan. I cant comment on your maths but MMs are way off. There are no accurate figures. The ones give are sh$t. How is the volunteering in the library going? You say WRES has no Chinese investors, you know that how exactly? We did have Hansource, K3 knows about them. Be good if WRES did have some deep pockets. You say Regua will cost about 3 mill as MM said so....ha ha ha. He also said LP would be 16 mill, then went big (and smart - it was the right move) on new kit etc. That became 35 mill and then another 5 million min on top of that. You still like MMs 3 million and still no FID, why? Good to see WRES hold blue, but it pretty much stayed there all day at about 11%. Spread. Rare after an RNS, so progress. Any movement next week will be more telling. I have, as one should, revisited my notes. This 0.5 raise. I just dont know why an investor would do it. So what is the kick back? Warrants? Will it be another warrant give away? Perhaps the investors are very religious, and just believe. I just cant square that circle. Why pay 1/3 more than market price at the time of initial RNS or thereabouts? I am open to ideas as I just dont get it. Miton cant be happy. Well, let's see what next week brings and the financing. K3. In relation to the rest of the BOD why have they gone from considering buying more to now not? I mean, it is a bargain down here. Perhaps they will buy in and the surprise will be a boost. A BIG, BOO!. Gotcha. These questions are ones I ask myself. Again, it is not what is written. Tungsten prices, hmmm.

It is as expected...no news yet. K3, closed period it is. Good call.
Why is it just Michael that is still intent on investing at 0.5. The rest of the BOD appear to have lost interest. Perhaps they didnt spot the difference and a 2nd RNS will follow. Hmmmm. Let's see what Mr Market makes of it.

K3. Can you run those figures past me that you had for this time last year? People asked me to provide my figures. I refused, because they are all made up. If MM makes them up, then what can us PI's do? Hansource K3? That's investing for many.
Bluebelly. You seem fixated in having money in the bank and how that will improve the SP. What was the SP 18 months ago when WRES had over 35 million in the bank/draw down facility and what is it today?
This will rise when the numbers in exceed the numbers out. You join the party based on that and that alone, for the long term at least. Spikes may come (up or down). GIT you remind me of a plonker on an old crappy share called Metminco (yeah I lost money on that pile of poop). He had the handle Potluck. So similar. Do you know him? Also, the RNS was the 16th Sept not the 19th and the wording is clear. The money is needed within 2 months. That is next Saturday. There will definitely be an RNS next week...or the lights may go out. All there in the RNS. There is your risk reward. Well done to those who hold and stay long, brave and patient in either order. Bite me x

Good for you Mullins. Well done. So brave. So strong. Medals?

Troajan. Context is everything. Struggling to see a 1215 post. Has it been deleted. Anyway...do you believe full production will begin in less than 25 days? He doesnt day end of December does he? MM also talks about all primary construction being completed before June was out, then the MCC by mid July and concentrator completed by August to allow 20tonnes a month. How many of those happened? I mean, come on, you referred to the video. So have I. Context is a bugger isn't it.

Just need Jaf now...sadly he is not available as the little sod bagged an evening out with Shorters R Us.

Quackquack. Thank you. Nice one with Metro. I am doing well there too. Traded a bit. Got out, watched and back in. No one has squashed the rumours yet and there could be a real short squeeze. Vernons closed period is over tomorrow. USA tonight could be interesting. Hold or take profits....hmmmm. I hold. Yes, many missed the boat on EUA, the signs were all there in Sept. You have done well, well done. I am not sure if the pump and dump crew are still in EUA, they were, and did help get the warrants away. It is a buyout punt me thinks. Some of the numbers flying around are ridiculous.
Troajan. You are deep in here, and most likely down. You admit to bottom feeding. Has this bottomed out?You admit to selling on spikes. Your agenda is known, fair enough. No issues for me. We are all trying to take money off the person sat next to us. Troajan, the grades are irrelevant right now. They ain't being mined and there isn't any money to pay for it today is there. Where is the FID? When was Regua due on line Troajan. Let's have some context shall we.
K3. I hear you on the closed period, but I dont see it. Closed for what.
Soulsister. Thank you for the rational response.