Western Resources Corp T.WRX

Q4 Financials and MDA reported

[mdjbrown]

Looks like further delays ahead ..................


"As at the date of this MD&A, production startup has been delayed and will not occur on the originally scheduled date of March 2024. Management expects to be able to provide information on the production schedule, including production startup, before the end of the second quarter."

[Bmw4ever1]

thank u for the info, i guess its just waiting game if this process will be successfull.  taking a long time.  sitting on the edge  seriously

[Bmw4ever1]

the question is, do they have enough money to go thru until 2nd quarter ......

[mdjbrown]

Not sure Bmw, but what I found a bit strange is they are still involved in Vancouver real estate ventures.  I thought that goose chase ended when they couldnt pay contractors millions that were owed a couple years ago........

[Bmw4ever1]

wow. wow.  i wonder about apian capital dumping money into WRX,,  and the private investor from hongkong.  what the end game for these guys, did they look at previous mess company was involved in.  we all want to sell our shares at hight prices but waiting this long and seeing the project being built  is making u hold the selling for now,    i see someone is

[Wiser8SST]

Word on the street, company is short on cash flow and project is incomplete. Stay clear of purchasing stocks from this company until producing potash.