Member Info for Benhowell459

575 trades already. On a normal day, we'd maybe have 50. The churn is great because it means many of the holders from 0.2p have taken their 100% and replaced with newer holders at 0.4 or 0.5.

The volume here shows this has caught a LOT of attention, and rightly so.

A reality check for those buying the spin from those posting rockets. I've been caught on a spike before so beware. This sp is totally unjustified.

Oriole has drilled more than 20,000 meters in Cameroon alone vs the likes of Wishbone have drilled 1 single hole for 777 meters

Oriole confirmed JORC Gold Oz's = 615,000

Wishbone confirmed JORC ounces = 79,000

Oriole Resources JV partners = 2

Wishbone JV partners - NONE

Oriole Market cap = £14M

Wishbone market cap = £37M

There is no way wishbone will double or even treble here in the next few weeks. Assays take a LONG time to process. Many will be sitting around for a while waiting for them.

Not sure who Mary is.

My initial post was around 3 reasonably similar MC Junior miners who have all had SUSTAINED share price growth at the moment.

I'm not picking a moment in time - I'm picking now. Bit confused by that comment.

If Red setter has not even been assayed and the resource is at depth, it is all the more staggering that our SK results did NOT gain much attention.

It is something to be discussed, Howezap. Why are our good results ignored by the market?

What will it take for this investment to rise and STAY at elevated levels? That is a serious question.

The over egging of this prospect does seem a tad ridiculous. You haven't even had the drilling results back yet and it's 500m deep. Do people know how hard it is to get a resource out that MINIMUM 500m deep? The gold might be down there but it will be very hard to get out.

Not deramping - just providing an element of realism to the conversation that doesn't involve rockets.

Agree potnak. It's been nearly 5 years since we got excited by COVID and 5 years in a long time to wait for us to get anywhere near back to those levels.

I wouldn't want to wait another 18 months for this - everyone needs to understand the risk that going into phase 2 would bring.

Yes, this COULD be a pipeline in a pill but the BoD are not completely sure of which indication is best. All they know is it's safe (from the lab) and the chemistry is excellent. As John (I think) said before, we not biologists.

To hope for 1bn + takeout would require phase 2. The risk is HUGE for this. I refer again to Pandion who played an absolute blinder rejecting offers as low as 65m USD and ended up being bought out for 1.9bn USD.

4 years later the prime candidate FAILED to meet it's targets in phase 2.

There is NO guarantee that phase 2 will succeed.

I would bite several hands off if 15+ bagger from here is offered by Christmas...

I short share, thanks for your sage advice. I was caught here at 1.17 a few years ago. It went up to 1.7p.

0.5p is NOT the peak.

I would imagine Lanstead have taken the opportunity to sell their shares?

Surely they are out now?

CDL are up 150% today off the back of...

Land acquisition. Is that it? They've had some good rock samplings?

Their company claims to have added 7km of strike. They not done any drilling but they're up 150%?

Ridiculous.

It is noticeable that smaller miners have been on the move recently.

My other share Oriole have announced good drilling results today and are 130% up.

Wishbone recently also announced a breccia pipe and are 300%+ up around 45m GBP.

Cobra resources (not aim) have announced a new venture looking to explore a porphyry in NSW, Australia.

Interesting that Colin didn't see that one up for grabs, rather than venturing into Antimony.

What is interesting is that when we announced our SK drilling results, none of the uplift stuck.

Wishbone has gone from 0.35 to 1.4 and now just continued upwards to 1.8.

There IS money to be made here. Why was our progress impeded? Why did our share price not stay above 1p?

Colin and OSV should be reflecting on our all time LOWS and his inability to manage regular news flow and therefore the share price.

Many AIM investors will be flush with cash in the next few weeks...and possibly looking for a place to make further gains...the time is now!

Current share price is noticeable because we are almost bang on 30m GBP.

This is less than 1/10 of the highs seen in 2021 and we are weeks away from the completion of toxicology study which will (in theory, fingers crossed) make us "Phase 2 ready".

The potential here if parker can play our cards right is absolutely enormous.

I was respectfully shot down when I mooted the idea we could be bought out at 10x our current Market cap. That's a massive sign of the potential here.

GLA.

Janiax - on the whole I agree. WSBN didn't go from 0.36 today though. It has taken a week or so to get from 0.36 to 1.8p.

Interesting to note the timeline for WSBN:

1. They announced a drilling update 11/8 - didn't set the world alight.

2. News on 18/8 saw a big rise from 0.35p to 0.9p

3. Slight dip back to 0.79p

4. Drilling update 21/8 saw a DELAYED reaction. Initial rise to 1.2 ish. Only today has it from from 1.4 to 1.8.

Two points to emphasise:

- The importance of regular news. Could there be more drilling updates on the way?

- The delayed reaction. It takes time to filter through what we have. I wouldn't be surprised if we get a leg up later on in the week once longer term investors digest what we have and once the dust has settled and (no disrespect) those posting rocket emojis have taken their chunk.

This is not a day play. This will be huge and as others (and Claire Bay) have said, this is only just scratching the surface.

So, traders can take their 50/100%. This will be going places and soon.

You're absolutely right Jez. It's down to interpretation.

But ultimately the people speak. The ONLY thing that counts is the share price. (Unless there is a dividend).

And the share price is based on the interpretation of the MAJORITY of people.

Doesn't matter what Bird or OSV think. No one believes their positivity or spin, at least they don't currently because the sp is down at 0.7p, i.e. where we were 5.5 years ago.

Eres 'oping NTM.

Unfortunately due to a lack of interrogation and holding to account at the AGM, I wouldn't envisage or even expect any difference to the modus operandi of our resident shirker, aka the bird man.

He's a part time old timer who has taken our share price from the highs of 5/6p 3-4 years ago to the depths of 0.7p.

I see no appreciation for getting on with exploring or progressing any of the work streams.

Some might say that's pessimism, so we should deal with facts.

1. OSV's common assertion is to regard the value being added here. No added income, no dividend and a share price decimated. I must be blind, for this long suffering shareholder cannot see or has received no value for the years spent here. If OSV could grace us with his presence and explain his thinking using facts, figures and not just a condescending tone, that would be great.

2. Actual news.

A wishy washy update on Wildstone in Morocco before the AGM was presumably meant to placate disgruntled shareholders. There was NO indication of milestones or timings, despite us now being 3 months away from the initial forward looking statement "Small-scale production is envisaged to commence within 9 months of the transaction closing" (RNS: 26th Feb). Granted we have received two updates since then but no mention of production or timelines.

SK. No indication of timelines here.

Eureka. Mothballed.

Kalengwa. Mothballed.

Kakuye. Mothballed.

Chilibwe: drilling undertaken but lo and beyond and the great surprise of shareholders, it was a dodgy licence and legal issues need to be resolved.

Western Foreland:

RNS on 6/3: "Phase 2 programme to commence at the end of the rainy season."

Final results in June:

"These units will be further evaluated via ground geophysics and a subsequent Phase 1 drilling campaign should the results be promising".

"Reconnaissance work has identified eight copper stream‑sediment anomalies within the External Fold & Thrust Belt portion of the Western Foreland project, these will be targeted during Phase 2 exploration."

3 months after a promised phase 2 campaign...no progress it seems.

The frustrating thing here is there is lots of potential. Colin just needs to get on with it and do some drilling. It's not like we have no money coming in...

Or 153,098 to really really round it up...

I would like to think, as someone who has been caught on a spike before, that the endgame here won't catch anyone on a spike.

The buyout not only removes the difficulty of deciding when to sell, it also prevents anyone being left high and dry on a spike.

The thing is with high inflation over the past 5 years or so, Pandion's marker of 1.9m USD 5 years ago would be well over 2bn USD now.

Bit of tricky situation in that people have less money in their pockets to buy these shares, but ultimately the pharma are making more as their prices are inflated. I.e. Our value SHOULD be higher.

It's a great story HBD.

It should also be noted that Pandion's main asset was axed by Merck as it didn't quite meet their expectations in phase 2..

Something to be aware of in terms of the risks / rewards if we go it alone in phase 2..

https://www.fiercebiotech.com/biotech/merck-axes-midstage-asset-19b-pandion-buyout-due-lack-clinical-benefit

HBD, thanks for outlining the process.

There were concerns recently about Parker possibly underselling us. I also would like to think he knows the potential here, hence why we have got AI involved.

In your personal view then, at what point do you think the BOD would switch from recommending we reject to recommending we accept? 500m? Or more?

And if I may, at what point would you accept? (I acknowledge this is a personal question so completely understand if you would not want to answer).

Thanks for your thoughts.

Meant to say "hold out for more" although for me works too :)

Hi HBD, I agree we probably would be worth more than that and I hope SP holds out for me. However many bought at 10p. Many holders have bought in the teens.

I do think there is a large proportion who aren't interested in where we were 4/5 years ago having come on board in the last year or two and will sell. This is always the issue of having been so far down in the doldrums and PH and our financing decisions are the reasons for that.