Post by
dfwrgk on Nov 07, 2023 8:25pm
From Sandy
...........
Thanks for reaching out, I will share your message with Paul and the team.
As Paul has said to other shareholders like yourself with the same comments “We are currently talking with Rio about what is next. As you note, limiting dilution and Rio’s shareholding of WRN are key factors as we continue discussions. I can’t disclose much more than that at this time, but I am happy with the direction that discussions are going.”
Thanks,
Sandy
Comment by
Marine2 on Nov 07, 2023 9:08pm
dfwrgk Thanks for sharing your feedback This sounds encouraging "I can’t disclose much more than that at this time, but I am happy with the direction that discussions are going.” At least they are in talks with Rio. Nov 28th ? M2
Comment by
Sooner on Nov 08, 2023 4:17pm
"Appreciate everyone's efforts here. I'd just remind everyone it's been Just Around The Corner for 2.5 years now." Yes - true story....just around the corner per Dale back in April 2021 interview.... Stated Rio had completed most of DD and very little left. Expected to be completed well within the 1st rights expiry....LOL!
Comment by
Marine2 on Nov 08, 2023 5:16pm
Sooner I was there in 2011 when WRN was trading @ $4.50 when we were looking for a buyout,, own more shares now but there is more shares out now,, dilution ! Time to cut and run before we end up back at .60,, $3 to $4 B to build Casino and what 10 yrs to start mining ? IMO M2
Comment by
jclarke042 on Nov 08, 2023 5:46pm
You were there when WRN was a $450m company. Now it's $276m. Always use market caps, always.
Comment by
gratvalyou on Nov 08, 2023 6:42pm
Yup....... and 40 mill of that MC is cash! sad