Member Info for bankboy

Highlights

Agreement executed for WC1 to acquire the Baxter Fluorspar Project in Nevada, USA

The Kaiser Mine, in the Baxter Project area, historically produced approximately 200,000 tonnes of fluorspar from underground mining from 1928 to 1957

Historical production included significant premium acid-grade concentrate grading 97-98% CaF2

Mineralisation occurs within structurally controlled fluorite veins, fracture zones and breccias extending over at least 3km

Multiple mineralised trends remain open along and across strike, and at depth and have seen limited modern exploration

Project located in Nevada, consistently ranked among the world's leading mining jurisdictions

Fluorspar is designated a Critical Mineral by the United States, Australia and the European Union

The United States remains heavily reliant on imported fluorspar despite growing demand from semiconductor, defence, battery and nuclear industries

Low-cost acquisition structure, subject to 30 days’ due diligence period

Strongly supported share placement to raise $1,051,146

They potentially looking at opening up old mines now.

West Cobar Metals (ASX - WC1)

Agree Stubby,

I’m hoping a strategic investor will step in and take a 29.9% stake, this would be a great way of raising funds and give us some stability going forward and position us great for future mine development in 2027.

All best, keep strong, dyor.

I’m not sure their was a seller, just sentiment dragged us down.

I tried a dummy trade earlier, was letting me sell 1.5m @ 2.7

We just need to keep this momentum up over next 3 months, hopefully we get back to 4 to 5p.

Good luck all, keep strong, dyor

Smokey, not sure,

Perhaps a new broker I hear, w h Ireland corporate finance

team are moving on from Zeus, maybe they cutting & moving positions in advance, that makes sense.

MRE was very positive, SP will catch up in due course.

Good luck all, dyor.

Best to switch off for a few weeks/months here - I’m sure it will correct upwards back to 4p then 5p onwards.

We had a very good MRE, just need patience.

Good luck all, dyor.

Let’s see Jolly, I hope you right about additional projects to generate cash, I have doubts why they will consider that with their hands full, makes no sense as they have not a lot of cash.

We’ve dropped 4.5p to 3p in last two trading sessions, MRE was very positive as well. I do question if they were expecting sp drop since MRE rns.

Anyway good luck all, hoping it all comes good.

Dyor

Any idea about the diversification into an additional cash generating project by year end.

Trying to get an understanding of why they are looking at other new projects.

One thought is they may sell off the Mozambique project then keep the REE listing and start again with a quicker cash generating project by year end - I can’t my head round this bit. It makes no sense to start looking at other projects at this stage.

All best, dyor

I’m expecting a low ball cash bid around 10p a share over next few weeks/months.

Politicians won’t want this project transparent to the public eye, it will be private mining venture.

Good luck all, dyor

Hey JD, yes around 6p in Nov 2024, before the 20 old for 1 new = £1.20 approx.

DJM - Policy Statement introduces other rules around disclosures to regulators from funds, deep read will spell out how hedge funds are able to cross positions intra hedge fund entity and jurisdictions with their prime brokers

As for Jiffy the Jubb, I’m 50,000 shares long on original holding, very positive about GGP. Never had a short in my life. Just made a decision to lock in some profit and remove the risk.

Good luck all, dyor

Mr & Mrs Banks

As of 13 July 2026 - we won’t get to see the short position by firm, no name n shame going forward.

FCA introduced a Policy Statement - PS26/5

They getting an arbitrage trade on - it’s a good sign, every little helps

04/22/2026 11:35:23

0.0555

-0.04 53,000

Hmmm - sums it up

So - very directional on GGP - rather see a more neutral take, with a stance towards upward trend.

Green bin for you matey.

Good luck all, dyor.

Mr & Mrs Banks

Wash,

It’s been a cracker, 50,000 shares on free carry.

We cashed in 150,000 shares between 6.30 - 7.20 - all in sips & isa - sorry Rachel - took 700k off the table.

85% of profit in 1 year gilts - which we will roll - we both in our late 50’s - so cashed in.

Good luck all, dyor

Mr & Mrs Banks

Look like crosses intra transfer between funds within an entity.

Warrants will all get exercised in due course as share price goes up, not all will be sold against exercise - so we won’t see all prints.

Looking good, dyor.

Waiting for MRE perhaps - takes the risk out of it - retail happy to have a punt at 4p - fund investor require a little more certain facts of path to mining.

Patience is the key, moving up nicely

Good luck all, dyor

Both, as takes a seller if someone buys and takes a buyer if someone sells.

Keep strong and carry on

Yeah, nutty - I think a few sellers around the 3.3 to 3.5 on the basis they hoping to buy back in around 2.8 etc

On a short term trade makes sense, thing is when we spike up - they could miss the bounce.

I’m holding, not selling a share at these levels, it’s all about risk vs reward for long term holders.

All the best, dyor

Doubting Daltry,

It’s all Math to our upward direction in share price.

Hoping we clear 4p over next few weeks, then onwards and upwards 6 to 8 by Dec 2026.

Good luck all, dyor.