Member Info for Bigw77

Yes, you're right @thomsk we need results, which are due in the next few weeks as a package of informaiton and a plan for next steps, once we have that we won't be talking about a 20 pence SP uplift, we'll be talking about £s...

Some enormous buys coming in today.

£1 is about to be broken imho

A buy, the price ticks up immediately afterwards, a sell of that volume would have a significant downward impact

Good to see that 3 new tenement applications went in on 19th December. They've not rnsd it yet, but my guess would be that this is as a result of the mobilemt surveys they've been doing . I see also the objection that GGP raised to another application is due in court in 2nd Feb. Lots of interesting stuff coming up. I'm expecting to be above £1 again soon.

However Lord they've increased their voting rights

As soon as this gets even the slightest momentum we will be looking golden

Book is already looking interesting

1.2 100,000 09:46

1.55 50,000 WINS 07:54

1.6 50,000 PEEL 10:06

1.75 50,000 SCAP 07:51

2 50,000 SING 07:50

2 50,000 PMUR 07:54

2 50,000 INV. 08:04

2 50,000 CNKS 08:06

2 7,500 09:46

2.98 593 07:50

3.9 24,000 07:50

5 2,442 07:50

10 101 07:50

There was something a bit strange going on in L2 at the time, I'm no expert in reading L2 (yet) but I have a similar feeling @Hubstar

@ProfitJock where did you find this?

@ProfitJock your comment of background buyer around the 4.7 mark seems to be correct - big late trade at..... 4.7 !

Accepting that they aren't building the A10, a 30km road, i.e. 18.5 miles it couldnt be at all feasible that you could build a road for less than £10m (£). Unless however, there is already some kind of track that we are upgrading. Beware also, some people seem t think that the road will be completed in April, I don't know when it will be complete, however, they have stated that the Heritage Survey would be in April next year. Consider the typical things that should happen after a heritage survey, the permissions, theat would be reuqired, the lengt of time that a heritage surveyor would take to come back and report. Then mobilise a contractor etc etc. This will need substantial cash to be able to continue. However, that cash doesn't necessarily need to come from a cash raise. My view is that this road will never be built, they don't actually need it. This is positioning, they want other operators e.g GGP, to realise that they are just one of a few who may well be interested in a farm out or take-over. It does feel to me though that the information flow is not professional, not that of a good negotiator. ld man Poulden just doesn't have it, Ed - maybe a geologist, but is he a negotiator. They don't care as much as we as shareholders care. Yes, they've got skin in the game, but not enough as to make it life changing. I'm still supportive, there is one other watch-out. I did my own research on all of the companies that held a placing through the same broker as WSBN used, it appeared to me that virtually all of those organisations had dropped market cap substantially following the placing. Maybe its coincidence, maybe its my own lack of knowledge, but I thought that odd. I didn't do that research before I bought in, lesson learned.

Oh! - and back out again! :-)!

That's a big real time buy gone in at £52k!!!

Its quiet today so, I've been reading the Havieron feasibility study and the other coproate presentations and looking at the potential synergies. Now many may know lots of this already, but for anybody who is new or if you fancy some detailed research read on...... All of this is if Red Setter proves to host an economically viable deposit, it would be logical for Paterson Resources to approach Greatland for access to Telfer’s plant. Appreciate right now that is a big "if" but....

The Feasibility Study discusses two main scenarios:

Havieron Standalone: Processing only Havieron ore at the Telfer Mill (owned by Greatland).

Telfer Hub: A potential scenario where both Havieron and Telfer ores are co-processed at the Telfer Mill for fixed cost savings.

"Steady state Havieron processing would leave approximately 13Mtpa of nominal processing capacity available to process feed from other sources. The FS also assessed an alternative ‘Telfer Hub’ operating cost scenario where the remaining processing plant capacity is assumed to be fully utilised by ore feed from Telfer"

The corporate presentation is clear on this too...

Greatland highlights that Telfer is the only large-scale, active processing plant in the Paterson Province.

They see it as a “hub” that could “potentially incorporate additional ore from regional sources.”

This “hub and spoke” model is a clear reference to the potential for toll treatment, joint ventures, or custom milling for other explorers or developers in the region.

So.... Could Red Setter Be of Interest for Collaboration with Greatland/Telfer Processing?

Yes, Red Setter could potentially be of interest as a regional ore source for Greatland's Telfer processing plant, especially given Greatland’s recent “hub and spoke” strategy comments and Red Setter’s proximity and exploration status. However, as of the latest available company disclosures (June–October 2025), there is no public agreement or formal collaboration announced. DYOR

Its like a roller coaster that sometimes you want to get off but can't and other times you could get off but don't want to! :-)

Still can't trade, broker *waiting for a live price "

Hopefully early next week yes. my thougths were strategy of spike the SP in the pennies and it would hold into the £s... I think they've left it too late in the day to do that now. But what do i know!

Maybe only an hour to wait for AGM / EGM info - but I'm now thinking longer for an operational update, that's a change to my previous view