UK 16:31 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In about three weeks, tungsten play W Resources (WRES) is about to go into commercial production at its La Parrilla tungsten and tailings project in the Estramadura region of southern Spain in a development which chairman and number one shareholder Michael Masterman argues should generate annual revenues of £5.4 million and cash flow of between £1.5 and £2.3 million. This could have a major impact on the AIM-quoted company, which lost £410,000 in 2012 but is now seen as heading into the black, provided its projects bear fruit.
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Comments
wildrides
I am in ………. been in a while .
To be fair the share price has not really halved ……….. it was prone to spiking when it was a BB darling and its roughly half the top of one of the momentary spikes at present .
But then I would say that (ahem)
wildrides
Take a look at TYM ……….. oooh …….eer ………… lovely chart recently . Higher lows and higher highs ………. I dont have a clue what I am on about, cos its all witchcraft and jiggery pokery that charty stuff . But it looks like a depiction of Eddie The Eagles ski run in reverse ……. Loovley Jubbly Rodders .
dead on
W Resources does not have a £1.25m Feasibility Study underway. That information is false. Robert, where did you get that informaton from?