DT . As the funding has been costed and agreed, machinery contracts with installation going ahead and an agreed govt grant, all of which required due diligence ........, how can you justify your Verbage..... you just spit out poison...... oh and lies.
DT How could you possibly know Black Rock’s financial position? Inside information that you put on a public forum would make that illegal and you subject to prosecutions. Alternatively, you are making it up and your statement is complete rubbish. Your comments appear to me as being Infantile poppycock, the only counter you could make to this is that somehow you are on the indide with Black Rock information and are a criminal. Nah I think I will stick with infantile poppycock. Now go start up your moped and go home.
So yazz you say you’re a lawyer that deals with company law (although you call it companies law) and have worked in governance, now works with colleagues that deal with divorce. My you do get about. ...,, and financial advice to those that have thoroughly researched a company and also those that speak to the chairman. Let’s not even go there with your incorrect and misleading supposed employment st Blackrock. What a guy!
K3 do not provide succour for Get In There. He is a well known bok round these parts, he bought some shares recently at .5 this was always going to cause a drop in the SP. His curse ( brought on by not allowing gypsies to tarmac his front garden) It’ll wear off by tomorrow as it’s time limiting curse as he wears a freshwater fish necklace as mitigation.
I put in about 30 lilies and only two came up. As a rubbish gardener I will ensure I follow hbob as me guru in future. And did you know hbob becomes hobby on predictive text.
Bulent, besides your abusive attitude it may be that this is a buy opportunity, but I cannot really see how. You seem to produce figures that do not really make sense. It might be that this could be a good thing. However, it is your postings that put me off to be honest. When a company is on its backside it can be a tremendous opportunity or a disaster, that question arises here. So what is the weekly production here, what has it been, what will it be, what is the cost of production and what is the profit margin? I cannot see any profit albeit it is in production, so for me that leaves potential against paying off the very large debt... so it is up in the air but it is very near the line inmho.
K3 do you think this might be worth a punt at these levels? Is it perhaps a buy opportunity, or best stay clear given the levels of debt etc? I looked at their published figures on the RNS ( there were quite a few in brackets). For a positive side, given the very large debt here the financials will want to get their money back, they would not get that through asset value in my opinion..... so they may lend more money? Or will there be this tremendous increase in production? ( can’t really see how they can do that). Do you think we should stick to Wres where the production costs will be far lower and the output higher, plus it has tin. gold and copper as well as the three tungsten mines.
Without going into the figures too deeply, I think the mistake Bulent is making is based on very wishful thinking .,,,,,,,,,,perhaps wlfe could get out the trendies debt it’s in at those levels if they were daily?
Mullins-Yes, ( and I know this sounds very ramping) Wres is , I think, the best opportunity to get in on something that will do very well indeed that I have come across in 30 years of using the market to invest. I do not have any spare cash now to
Move around as I have used all my playing money. I got money tied up in property so that’s not liquid so can’t take advantage of the SP drop at the moment, but good luck to you coming in now -at the very least lucky and probably shrewd. If it drops much more I might sell a couple of me cars and get some more.
On property
If Sven were to hear you speak of her as an analogy we could end up in a severe situation. I remember the time in a bar in Vienna where we had moored up the trawler when she laid out five Danish Vikings for questioning her existence.
It is my understanding that mms provide a vehicle for buying and selling. I didn’t think they ‘play’ the market other than to make money at the margins of buying and selling. So I thought, if something is happening with large amounts of shares then it’s some one else. At the moment I thought it might have something to do with Hansoutce and HMG selling as they have got the Latin words thing. So it could be a clearing down of the Hansoutce shares, but as that would be a change going below 3% should not some say something RNS like? I am honestly ignorant in these matters as I only ever really invest and don’t play the market as such. Although, I am no adverse to buying that which is cheap and good value ( Wres at this time) and that will increase over time ( I think considerably so here),
The rule of battleships.A battleship (as was early to mid 20th century) had three main attributes; armourment ( the big guns), armour (the thickness and position), and of course speed. If the armour was too heavy it would reduce speed etc, if the guns were too big the weight was increased due to requirements of infrastructure and affected speed and/or armour; similarly a bigger engine requires more fuel space and different architecture/ infrastructure. So you have balance in everything to try to get optimum performance. So a well functioning mine requires balance in its engineering, management and finance. If you rush ahead without doing all of the things required you end up with something like Wolfe. We are balanced and moving forward on a planned path. The downside is it takes time to do it properly, you would not want to mount the wrong guns after all.
What happens to an SP can be seen in everyday life. My theory on things is based on some sound philosophical observations and well tested examples throughout life. I use these as a means to guide me through this journey. One of the rules I live by is; that dinosaurs are thin at one end, fat in the middle and thin at the over end