Kev, while I am not invested, my wife still has a holing and her losses at this point are greater than mine were, hence the reason I got out and she didn’t! Still needs 60p + for profit
The plant can’t run indefinitely 24/7 I do expect an improvement and a utilisation between 70/90% over a 12 month period, allowing for maint and unforeseen breakdowns. There is still a long way to go before this is a success, but I hope it is for all concerned.
Aber, the MM’s are desperate, wide spread drop the bid, raiding stop losses, it’s a game we have seen many times but with shares in tight hands that tactic won’t win. Just a reminder folks don’t be caught out by stops, set you sell limits to meet your own expectations.
I don’t understand how the atome project/spin off benefits shareholders, nothing has been explained, PPC has funded it and PL is the major beneficiary! Have I missed something?
I don’t think it’s an MP, in all honesty would you be honoured if an MP brought you car? I think it is a rather more distinguished and accomplished person who has a huge amount of money due to their business acumen. The fact is they know how to spot and subsequently back a winner!
GLA.
I think we have cracked this nut, what is the next one?
This is still hotting up imho and the journey is just beginning, it’s not too late if you are stood on the sidelines watching and I am expecting more news this month ( just a feeling).
GLA.
This is turning out to be a money making machine for PL, with little or no value for shareholders. Credibility and trust has been destroyed. I have seen this many times where CEO’s milk it for their own benefit to the cost and detriment of shareholders. The share price graph does not lie and tells a horrific story of SP collapse. The question is, what is PL going to do to support shareholders? My guess is nothing as he doesn’t care!
Hi all, I’ve eventually lost patience and sold up at significant loss. I do not think Q2,3 or 4 will be the saviour of WRES and I have lost faith in MM. I have taken the remainder and invested in SAR, hopefully to recover my losses here. Will follow closely and see how this pans out. GLA.
After holding for many years, I have sold up at a significant loss. I do not think anything will happen in the next six months, so have invested the remainder in SAR, and will try to recover my losses. Hope to catch up with the 10p partygoers next year. GLA
GIT, it’s only 50/50 at best! There are two main concerns, production figures and the level of debt. This time next year we will know if WRES is viable.
The WHO have noted that vaccines are not the answer to the battle against COVID-19, as only a small percentage (single digits) have been vaccinated. Vaccines are just one tool in an arsenal that must include therapeutic treatments. It is my belief that Sareum has such a drug which will enable the world to resume normal business, that’s what makes this so valuable.
Safety, people have lost interest in WRES now after too much over promise and under deliver!
Nobody is making a profit at this SP and it is going to be well in to next year to see any rises, providing they produce enough. This dog of a company has a long way to go before it wakes up!