Member Info for oldskool

....no surprise. Now what is that my notes say....oh yes Jig and Mill...hmmmm

Cookie, I think you are wrong. If we have no figures between now and sometime in Q3 (it is Michael so it would be around Sept 30th) then the market will become even more twitchy. This is AIM. We are not Bristish Airways with their regular updates and dividends. We are a start up miner that has left investors with no clue as to where we are on the start up inc money in and money out. High cash burn. No news and investors will suspect a placing is on the cards. I for one will not say that this could not fall back further, a placing (whilst we sit in this zone) in the pipeline and 3's will be available. We need news on numbers before Q3. Sentiment.
K3 - I hope GB isn't starting to over egg the pudding.

Hbob. GB (SKIN CEO) has been doing that for a long time, as I have stated. He is big into Twitter. Live by the sword, die by the sword. Their PR machine is in full swing, including press write ups in the last few days. GB has, so far, all the hallmarks of a proper CEO. Our chap has gone to ground...cant think why? Although PR (inc replying to e-mails) has always been sh*t. Probably best there is no PR at the moment, it wouldn't make for good reading or instill confidence in the CEO. SKIN has the potential to be absolutely HUGE. Equally, it could fall back if the market doesn't open up as expected. I am a fan of PR at the right time but not the 'in yer face' stuff, SKIN are now everywhere it seems, chatter chatter chatter.

For those that love a code conspiracy. A 1 code on WDC. I wonder if this will be followed by an RNS. The stock market is a funny old place and spivs love to play with PI's.

Safety. UK emissions (if you believe the data) are falling. China and Germany....not so much. India and US, not so much. African population, exploding. All leads to war. Which leads to tungsten. Dark days.

Safety. I agree. I said Mrs Oldie. The reasons you state are the reason for Toyota still not investing in electrics, their top people still see it as a folly. Although they are dipping their toe a little more so of late. Planet earth is close to the point of no return as it is, if not already passed. Bottom line...too many humans. More humans due, so the rest is ****ing in the wind. Now where do I go for my Mustang Boss 429 (see John Wick Movies).

K3 - Absolutely very different, just like the CEO's. One is Ronseal, one is not. SKIN, yes my profit is ear marked by Mrs Oldie for an electric car (we shall see). WRES will pay for the plug.

JTS. I agree. This has been deflated and I do not see anything like the numbers people are chucking around. 12 months ago, yeah possibly especially given ORM's SP. Even our Blackrock loan has grey mist surrounding it. 3p by Christmas, yes if you get a pump and dump crew on it on twitter that have been on the pop and powder for all of Christmas. Wow. Funny how the same people that still talk severla pennies by Christmas are often the same that say 'it will come back' and/or good luck. Good luck...thats what Ladbrokes is for.

What are the drivers for such rises now? MM takes the wind out the sails, consistently and persistently. Sentiment is not here and I believe it is now truly lost whilst MM is at the helm. The driver here will now be the production of Tungsten at the prices given and/or a massive lift in Tungsten prices. We are already behind schedule and we appear to be falling further behind with every week that passes. Jig and Mill update? Why buy now if you are new to WRES and haven't followed the journey? Volume is crap, and has been for a long time. Take out LTH's and this is flat. Where we are at is where we are at. This now a play on production and profitability. I do not see a pre production rise, MM killed that with 2 placings and now a bank loan. First Class travel must becoming more expensive. Sizzle? Ner. He tried, or did he?

Gold. This could have been a driver (sentiment), on the basis that we have good grades and can sell it or mine it IN THE FUTURE at low cost. I think we will push beyond 500oz and towards a mill. However, I do not trust MM to not dilute us to get mining. I use to think he would get LP up and running and use the money from that to expand the empire. Now, as I have said before, he suffers from shiny ball syndrome.

Of course, I hope I am very wrong as I would like to make a bit more on this, and I really want every holder to do well. I certainly do not expect pennies by Christmas, unless those two factors are aligned. Some of us will be proved correct and some of us proved wrong. For the many, I hope I am proved wrong and this is 3p+ by Christmas (I wont be invested by then), but I do not base my investment decisions on luck, hope or should.

K3 - SKIN is doing nicely. That is how a CEO creates sizzle and sentiment. MM should watch and learn.

So he knows he has maxed out on raises. No one trusts him...he even dilutes his wonderful II's. What has he levered against? No one lends against something you haven't got, and certainly not in a junior unproven miner or am I missing something. I look forward to the multiple spin videos (vox , proactive and Directors talk)

How is this positive news? Unless it is the forerunner to an RNS confirming what the money is for. More debt, on the back of two dilutive capital raises ( no reasons given), and the grant is now later than expected. Why? Surely not late, no, not here. So where has the under budget gone? Where is the jig and mill update. We should have had that a fortnight ago. What is this money for? Surely not cash flow. Why do we need it, that is what is important. Why and what for? Cash flow or ramp up or asset purchase. Surely it has to be asset purchase. Cash burn, then holders are fooked as we clearly ain't pulling the numbers. I think this will, as a stand alone RNS, make the market very nervous. However, smoke blowers will say 'it will come back', 'must be for Regua', 'must be for asset purchases' etc. Well, let's see. As it is, I don't like it. Too vague. Why and what for?

I remember the days of MM promising news, you know, fast and furious stuff like. Then I recall his video interview telling us how much news there would be in April (just gone)...did I miss it all?

Oh well, at least we have that shareholder value as per a number of RNS's, including the last 2 placings (sorry, it was warrants and not a placing). Oh, no, hang on a minute....

Is that a jig and mill being commissioned I hear...or not Michael. Bit late are we? Again!

I think MM completed his apprenticeship with the good old British Rail - always late.

K3. Not talking my own book at all. Just saying that I have sold a few based on risk reward. Risks have increased, rewards have decreased. Look at the volume of this share. It has been awful and continues to be awful. Where is the sizzle? He has tried, but failed. So we have a few heavily invested individuals here. So what? It is ii's that matter. We have a trading one, and to get them on board they were given a nice price (not so nice now, bet they are well happy with it). MM sold PI's short for that one. No more placings hey? We have had 2...anymore? Market appears to be err'ing on yes. K3 you have (by your own admission) got it wrong here, so have I. I have re-evaluated and adjusted. So have you, just in different directions.

GIT. Gold. I have stated before that I have no idea what the gold will do to the share price. The 111K did nowt. So, and I said this many months ago, it would not surprise if 500k did nowt other than secure this range. 1mill (and I believe there is that to be discovered) then we may be talking. I am now going to err on no movement until all the Tungsten related stuff is sorted. Gold development = placings. MM needs to focus on LP first.

GIT. I said that I was selling. It has nothing to do with K3 commenting or anybody else. I made it clear that I had re-evaluated and adjusted accordingly. If it moves north and may look to buy some back at a higher price but with less risk. Just because someone doesn't agree it doesn't make them wrong. When the facts change...? If people stick with an original plan when the facts change then that is your strategy. It is not mine.

I have to say, when he delivers it correctly (business is about the sale not the product), I agree with him this morning.

'Simple. WRES is barely in production. Its current volumes do not cover its current costs. Production levels are unproven and its behind its original build schedule. The market lacks confidence that this will be corrected anytime soon. Do you want me to go on ?'

1. We are barely in production and have had no update to say we are still in production. The assumption is that we are. Equally we may not be. Remembering the tailings, we were producing and then no other updates for a very long time. It just stopped.
2. We have produced. The quantities are unknown, please tell me EXACT figures and not what we should be doing or MM has said we are doing. Remember that brilliant video MM gave? I haven't seen any RNS's with latest figures. I haven't heard MM give exact figures relating to production either, nor have I seen how much we have been paid? Have I missed it? Some people are assuming based on MM's words, but those words are as useful as a cow pushing a wheel barrow.
3. We are behind schedule.
4. The market lacks confidence. This is correct. Look at what happened to the markets over the weekend regarding Trump and his latest tweets and comments re China and trade wars. WLFE has dented confidence in the Tungsten mining sector. Until we are proven, or have made significant steps towards consistent reliable and profit making production we will struggle to have the wind in our sails. I hope I am wrong, I do not think I am. That is why I reduced my holding and popped a load into EML and a little into ZEN (I just don't like that sector a lot but for a punt, why not). Lets not forget MM is full of b/s (believe his words at your peril) and the spectre of a placing looms over WRES.
5. Relates to 2 really. Why have we had the last 2 placings (oops sorry, warrant debacle) if we have plenty of cash? If we are selling all this tonnage and a good price then why the raise? Sorry, we should just trust MM. He must have something up his sleeve (probably some left over lobster from his last around the world flight)...no, he may not and we may just need the money as it ain't coming in. It should be coming in, or at least soon (Australian soon, is a little different to mine).

Mine are going into seed trays today. Looking forward to my Neckar Gold. They taste like their colour. Beautiful in salads raw and cooked. Summer in a bite. Freeze well too.

K3 it is a French bean, not a runner. Turns green once you start cooking it. Very prolific and keep the seeds. Very little, if any, cross pollination with French beans.

Oldies household had the burner on last night from about 5pm. Oak and a little bit of spruce to keep the oak ticking along, it was a lovely fire.

Hbob is that sunshine or Chernobyl?

A two pin plug in a 3 pin house.

A 3 legged chair

OMR. Take your 20% and leave the room. That is the winning formula. Don't get emotional (like I have done with this shocker). Set auto buys and auto sells if possible thereby removing all emotion. Don't be afraid to sell at a marginal loss especially when the facts change. Finally stay out of AIM ha ha ha. There you go, egg sucking.