RE: wres25 Jul 2019 12:48
K3. Dont forget MMs 20k a month. Plus expenses. That's just him. No other bills other than wages then K3? No fees anywhere? No utilities, sick pay, employers contributions to pensions or welfare? Fuel for lorries blah blah blah. This is AIM it needs sizzle until a company has shown it is a cash generator. This isn't that we know of. There is no buying because of reasons already given by several. WRES could be one of those rare shares, I wont say unicorn, that comes from nowhere and the wise ones buy in before it is known about. However, WRES is known about. So I go back to numbers in and numbers out. I just dont see any other drivers right now. As a non-investor viewing this for the first time what would you see? Facts, right now or as they have been. No could, would, should, good luck bull. You see director buys, good but also making sure his family have bread on the table . You see 'no more placings' but have a placing and two more calls for cash for a fully funded and under budget mine. You see delays and a director that over promises (so far). You see WLFE. You see ORMs falling SP. You see Tungsten falling in price. I have followed and eaten the story. Lessons learned. Many I think. Those are enough to make investors twitchy and wait...and wait..and wait. In an investment field of many thousands there are times when this board has 6-12 lovers and that is it. I still hold some....plenty...maybe even too many still.