WR1 General Discussion, page-30323

You nailed a few points there.

Three key things drive a companies valuation:
1. Results
2. Sentiment
3. Salesmanship

1. No one can deny that the MRE is pretty decent, and the Renard deal looks good so results I don’t think are the issue.

2. Not much you can do about overall sector sentiment. You have to play with the cards you are dealt.

3. Salesmanship is where i think WR1 is being let down. Their announcements are not the best for presentation and clarity and the presentation put out yesterday was poor IMO. They need to be selling a timetable even if it’s optimistic.

WR1 needs new investors to come in and I don’t think they are doing a great job to attract them.

I don’t particularly like CG at LRS if I am honest, met him a couple of times and i think he is being greedy, but he is a good salesman. That makes a difference. I think CE can up his game on selling the project.