Thunderstruck xx said:

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I'm going to exit this clown stock as soon as they pump it back up to $1. My limit sell orders are ready and waiting.

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ValleyRatAg said:

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This is a long term hold!

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ValleyRatAg said:

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Plus my 250 shares are going to make me rich, or at least get me invited to the WWR Texags Shareholder's Party that our newly minted billionaire brethren are going to throw.

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GeorgiAg said:

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ValleyRatAg said:

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Plus my 250 shares are going to make me rich, or at least get me invited to the WWR Texags Shareholder's Party that our newly minted billionaire brethren are going to throw.

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We're all going to fund NIL that year and win a natty!

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Thunderstruck xx said:

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txaggie_08 said:

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Thunderstruck xx said:

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I'm going to exit this clown stock as soon as they pump it back up to $1. My limit sell orders are ready and waiting.

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See you in a year.

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I'm predicting $1 around December/January. It will hover around $0.50 to $0.80 until then.

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Thunderstruck xx said:

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txaggie_08 said:

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Thunderstruck xx said:

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I'm going to exit this clown stock as soon as they pump it back up to $1. My limit sell orders are ready and waiting.

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See you in a year.

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I'm predicting $1 around December/January. It will hover around $0.50 to $0.80 until then.

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TxAgLaw03RW said:

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https://www.energy.gov/articles/energy-department-announces-actions-secure-american-critical-minerals-and-materials-supply

More money coming, maybe the earnings call tomorrow will tell us if WWR is in line to get any of the funding. If they don't get it this time, I may take my loss.

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Quote:

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Wes****er Advances Construction at Kellyton Graphite Plant and Progresses Debt Financing
CENTENNIAL, Colo.--(BUSINESS WIRE)-- Wes****er Resources, Inc. (WWR) , an energy technology and critical minerals company, focused on developing battery-grade natural graphite ("Wes****er," "Wes****er Resources," or the "Company"), announced today business results for the second quarter ended June 30, 2025.
"Wes****er continues to make steady progress on all fronts from construction at Kellyton to advancing multiple financing pathways," said Terence Cryan, Executive Chairman of Wes****er Resources (WWR). "We remain confident in the strength of our project, the commitment of our team, and the continued support from both public and private partners. As one of the most advanced natural graphite projects in the United States, Wes****er is well-positioned to play a leading role in strengthening the domestic battery supply chain."
2025 Second Quarter Business Highlights
All figures are US Dollars unless otherwise indicated

• Kellyton Phase I construction progresses: approximately $124 million incurred to date out of the $245 million total expected cost; 85% of equipment received and key work streams advanced, including grid power connection, and installation, commissioning and startup of the first micronizing and spheroidizing mills.
• Operated and enhanced qualification line at Kellyton: now used to produce samples over 1 metric ton ("mt") of coated spherical purified graphite ("CSPG") for customer cell trials; improved cycle times and flow rates of the line; and continues to provide hands-on experience to operations team.
• Financing progressing via multiple paths: $150 million debt facility syndication process continuing, with interested lenders moving through their diligence and underwriting process; Export-Import Bank of the United States ("EXIM") letter of interest received; Wes****er subsequently submitted its loan application and EXIM commenced due diligence post quarter close.
• Improved liquidity: Current cash on hand as of August 11, 2025, of approximately $12.5 million. Quarter end cash on hand of $6.7 million as of June 30, 2025, which includes proceeds of $5 million from convertible note issuance during the quarter; post quarter there was an additional $5 million convertible note issuance.

Kellyton Graphite Plant
Phase I construction of the Kellyton Graphite Plant ("Kellyton") continued during the quarter. The total expected cost remains unchanged at $245 million. As of June 30, 2025, the Company has incurred approximately $124 million in project-related costs since inception, inclusive of liabilities.
During the second quarter, Wes****er advanced critical infrastructure, including:

• Successful transition from generator power to the Alabama power grid;
• Continued installation of electrical systems and power distribution components;
• Installation of all micronization and spheroidization mills in the shaping and grading buildings; commissioning and successful operation of the first two units; and
• Ongoing installation of peripheral support equipment.

To date, approximately 85% of Phase I equipment has been received. The Company will provide an update on the construction timeline once funding is secured.
Also during the quarter and first half of the year, Wes****er operated the qualification line at the Kellyton Graphite Plant, producing CSPG samples in excess of 1mt for customer pre-production cell trials and testing. In the second quarter, the Company implemented enhancements to improve cycle times and graphite flow rates, further optimizing the line's performance. The qualification line enables Wes****er to supply customers with bulk samples in excess of 1mt for cell qualification activities while Phase I construction progresses. The qualification line also serves as a training platform for the operations team, positioning the Company to expedite commissioning and startup once the plant is complete.
"We are making steady, tangible progress at Kellyton, both in construction and in preparing for operations," said Frank Bakker, President and Chief Executive Officer of Wes****er Resources (WWR). "With 85% of Phase 1 equipment on site and key systems installed, our team is gaining valuable hands-on experience operating the qualification line and commissioning the first commercial micronizing and shaping systems. The work we're doing today - from delivering CSPG samples to fine-tuning our processes - is building the expertise and operational readiness that will allow us to hit the ground running when we reach full-scale production."
Debt Financing Update
Wes****er is actively working on the syndication of a $150 million secured debt facility to fund the remaining construction of Phase I at the Kellyton Graphite Processing Plant. The Company is progressing through each of the lenders various due diligence and approval processes. In the second quarter of 2025, Wes****er made notable progress on several fronts, including advancing loan documentation, completing updated third-party technical due diligence, hosting site visits, and continuing efforts to secure a non-Chinese backup feedstock supplier.
In the second quarter, Wes****er received a letter of interest from EXIM as a potential complementary funding source to its debt syndication. Following this, the Company deepened its engagement with EXIM, and after quarter-end, formally submitted its loan application initiating EXIM's due diligence process. As with all EXIM financing, the loan remains subject to due diligence, underwriting, and final approval.
While macro-level developments such as global tariff announcements, changes in government incentives, and broader capital market volatility continue to impact the timing of syndication, Wes****er remains committed to completing the Phase I financing and will continue the dual path of a debt syndication and EXIM process.
"We are making steady progress across both financing tracks, and the level of engagement from our lending partners gives us confidence in completing the Phase I funding," said Steve Cates, Chief Financial Officer of Wes****er Resources (WWR). "We believe advancing both financing tracks provides optionality, flexibility and redundancy as we work toward a solution that supports project completion and long-term growth at the lowest cost of capital available to us."
Wes****er remains focused on delivering the capital required to complete construction and will continue to keep investors informed as progress continues.
Convertible Note Issuance
In June and August 2025, the Company secured a total of $10 million through two registered public offerings of convertible notes with the same institutional investor. Both notes carry a 115% redemption premium, mature in mid-2027, and offer flexibility through monthly installment payments in cash or stock at the Company's option. Conversion terms are set at the lower of a fixed price ($0.63 or $0.83 per share, respectively) or 92% of the lowest VWAP over the five days prior to each installment.
Executed under Wes****er's effective shelf registration, the financings include customary covenantssuch as a $2.25 million minimum cash balance and a 9.99% ownership capand position the Company to maintain momentum at the Kellyton Graphite Plant while advancing complementary funding to complete Phase I. This added financial flexibility supports a measured construction pace and bolsters Wes****er's ability to deliver on its strategic growth plans.

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