AA14 Dec 2018 21:31
"If you have so many questions about the company could you let us know why you made a £3000 investment in WRES as claimed on the SOLG board?" New some stalker would pick up that - surprised it took so long - not like I hid it. Yes I put a PUNT in at 0.5088 today. The risk is too high to put any more. Looking for 0.5p to hold. If not then it's curtains.
"Your contrarian view is clear but it would be good to hear your thoughts if the targets are met as indicated by Masterman, i.e. $20 million EBITDA when T2 is fully functioning"
IF the targets are met, and that is a huge if, and WRES has clearly RNS'd that it is making that kind of profit, then clearly a rerate is due. Long, long way off that yet.
" and $40 million EBITDA when T3 is fully online"
Not even worth thinking about at the moment - too far down the line. First things first - prove it's profitable in T2.
"Also, as the company has already been ahead of schedule over the past 12 months in delivering equipment and early production and delivery of product to client, there is more than a fair chance full production could be delivered on, or ahead of schedule".
Agree, there's a fair chance that it will be delivered on schedule. I would say the chance of a significantly early delivery is very low. And there is also a fair chance it will be late...
"I for one choose not to dwell, or live in the past where you seem comfortable which is a pity as one has to question why you would ever invest if you continually looked for what went wrong with an AIM company without giving them the benefit of being able to prove they have overcome past problems and are on schedule to deliver a major load of dosh for investors." We only have past performance to gauge a company by! Those who do not take this into account are fools. And I am not calling you a fool as I'm sure you do take into account the past when you invest - you are just trying to make out that you don't to bolster your argument.