Hub
12 Dec 2017
Re: Funding deal RNS Whilst the funding discussions are clearly advanced, I suspect it will be the LOI's converted to signed contracts that give the sp a significant boost.One follows the other so funding may be linked in some way to the LOI's becoming contracts. The project economics stack up and the markets only reservation would be fearing an equity portion offered alongside debt. Can't see this myself as management have been fairly firm about no further dilutive equity raises (apart from the minor bridge finance raise done weeks ago)If they get this sorted, it's win win for all involved and a very exciting 2018 to look forward to.Fingers crossed.HUB
Nice to Michu
12 Dec 2017
Re: Funding deal RNS felling sorrry for you here all on your lonesome here, hub.... but no fear michu is here .. buy low, sell high.. and this is probably still low.. so I might add some more later today.. I'll not add big though as for whatever random reason i'll be keeping my aveage under .375p here though (currently .35p/.36 p ish)
Hub
12 Dec 2017
Funding deal RNS This mornings RNS is certainly bullish and deserves a post on the BB surely?I do like a quiet BB. It suggests that not many punters are here yet which bodes well for the future.Not a done deal by any means but Funding looks very close now.This should be a 1p+ company based on a secured funding deal. Just my numbers and no guarantees of courseHUB
Disorder
07 Dec 2017
Re: Impatience Not just WRES thats sufferingTake PXOG for example.Last week they announced a successful Gas hit in Romania.A Director then splashed £40,000 of his own cash on shares.They then announced a drill in Italy was ahead of schedule and under cost.Then this week they announce the Italian drill is successful and they has a commercial gas find.They then promise further updates in the next couple of weeks..The net result of all of this "Bad News".. Yes indeed, the SP tanks and goes down..You couldnt make it up...Of course JLP will rise, just as certain as PXOG will..The thing is, when they do people will doubtless sit back and cow "I had that stock in my watch list".No point having stocks in a watch list, best to have some shares to benefit from the rises.PXOG for instance will (IMO) very likely turn a minimum of 250% increase..The latest III write up agrees with me citing 2.5p and above.
Hub
06 Dec 2017
Re: updated chart Into the sharp end now with news expected in Dec on loan/debt deal with no equity portion... according to management.Plenty of smallcaps gaining funding on decent terms of late, so the market is ripe or more ripe now for getting deals done.WRES certainly taking it to the wire but iff goes to plan this could rerate very quickly.Come on WRES... get those LOI's signed into contracts and lets see this project/funding moving forwards.HUB
rRomeo29
27 Nov 2017
Re: Impatience Looks like it is headed to the last support at 0.33p. Many people came in at this level back in July - a long long time ago - lending money to someone (PLC).Lots of discussions and bit tching this morning on Lse-uk.
KALAN
09 Nov 2017
Re: Impatience Hopefully the funding won't be long Larry but these things tend to go down to the wire and the wire here is December 31st.On the chart front - the sp has risen twice in the past couple of months to the long term downtrend line and failed to break through. I have support at .37p as a possibility with .33p as a back up if that fails to hold (just my opinion) - looking to buy soon - hope I'm not too late!!!
Larry_the_Lock
08 Nov 2017
Impatience Have taken advantage and added today, can't be much longer imho.
KALAN
31 Oct 2017
GENG - VRS VRS just broke out in a similar fashion to when you tipped WRES - worth a look.
Hub
31 Oct 2017
Holdings RNS Interesting holdings RNS showing 3.3% holding today.Marcus Garvie went over the 3% threshold last Friday. Don't know much about this guy but that's not far off £600k.Of course, the holding position prior to the 27th Oct is unknown, but regardless, the exposure is still sizable.If WRES get funding and secure contracts, that £600k punt could look like £2m pretty swiftly.Fortune favours the brave?HUB
KALAN
29 Oct 2017
Re: updated chart Thanks penhome - still in the waiting room for me - a move above .46p would be bullish but down to .3p is possible (if unlikely).
penhome
29 Oct 2017
Re: updated chart Bottomed and gaining upwards momentum again[link] also like WRES’s Cloud chart:[link] this is helpful. It's just my opinion based on what I think the chart is suggesting. This is always a balance of probabilities so my opinion can be wrong and other analysts may have differing views.
Hub
26 Oct 2017
Re: 50% Fib Looks positive enough to meThe overhang and post placing dust settling bit looks almost done and then we are off to the races one hopes. News is due and Nov looks the best month for it.0.4 to 0.57 ish looks a decent path forwards but 1p has to be the big target based on contract and funding deal?? Thereafter, it's mainly about project management/development keeping to timelines and within budget for 2018.HUB
jonmor
24 Oct 2017
Re: 50% Fib See what you mean - very positive !
penhome
23 Oct 2017
Re: 50% Fib Hi ElvironAgreed!Also double bottom on the daily RSI and the MACD-H rising all last week.[link]
