Member Info for bluetigeruk

Olympic provides ~ $2bn of revenues a year plus it has Uranium - not heard any mention of U --- yet. That would be a 500x bagger.

Contact them to enter a formal complaint. They then have 8 weeks ?? to remedy and after that you submit to a FOS complaint. Just the formal complaint is enough for them to put a member of staff on to solve the problem. If you are unlucky it will be Rachel Reeves :) Thanks Blue

Next placing will be after results - there is zero chance of getting a placing away before results and after a much higher placing only a few months ago - these talks of a placing are wrong - no way the brokers would get this away with the buyers of the last round. Thanks Blue

A few comments.

First Wishbone are not undertaking any exploration - in real terms they have secured the license and some $$$ and then bought in under contract APEX Geoscience to do the exploration work - and manage the testing.

1st May 2025 ... Wishbone Gold's Chairman, Richard Poulden said: "The drilling of the deeper holes into the main Red Setter Dome gold target is a priority for the Company and to make this happen as quickly as possible we have appointed Apex Geoscience to drive forward the planning, logistics and drilling of these holes. Our new operational model of engaging highly experienced specialist geology contactors for turn-on-turn-off geology tasks will ultimately help us execute these types of programs in a far more cost-effective manner than if Wishbone ran them and it will get the job completed more expeditiously."

Look at their website - they are doing the same across 66 projects in Australia and maybe 250 projects worldwide - and they are just the ones they are allowed to disclose.

They probably have a fixed price agreement - with price variations for various out of scope activities. So they could buy in fast track lab for example - but it will cost US the shareholders extra to do this. I imagine the testing director at APEX - running 66 projects in Australia - probably has a pretty good relationship across the labs they subcontract to - and i would guess a project manager / team who make sure the PM tables are up to date and carefully managed and reported.

Market Makers - they dont go short or take big short positions its not their job - thats for traders - traders dont short aim stocks because they cant hedge with options. They may run a short book, but thats their choice - they cant take big positions in anything - they have a risk envelope and MUST operate within this and they report it constantly to their risk manager in electronic form. MM job is to provide liquidity. Unfortunately Wishbone probablyused up mist demand pre - during nand post placing and so there is not much buying volume to support the price. Its just a case of more sellers than buyers.

Instututions. IIs DONT buy small aim explorers that have not even reported 3 holes of drilling yet - they just dont - they are custodians of other peoples money - they have uality sector balance sheet management team etc considerations - Wishbone probably would not pass any of these tests. Most II need profits and many a dividend policy to even ask the analysts to consider a position. Wishbone is not an II share - its speculative - end of. Once they get an asset defined in MRE - IF its viable - then some very marginal II funds may allocate against a capital raise to expedite build out to production.

Finally. This is a binary trade. If the Telfer - Havieron etc is all joined up under the surface then this is a Tier 1 gold and copper region and it will be valuable once the asset is defined - say 2 -years of extra drilling. Thanks Blue

Is Red Setter - Nearology - or in fact - Joined Up ology?

The cadaver just twitched.

Thanks for the notes @reserved - one picky point from me - He 3 & 4 extraction need to take place concurrently and then He 3 / 4 separation, so i think their description maybe muddied this explanation. Small point from me. Thanks Blue

The problem with HEMO is that the work they are doing takes so long to move through trials and they dont have a large partner funding the work, and so basically they will keep coming back for more small top up raises every one or two patients treated - and so its clear that until they get out of this science project strategy and move into commercial partnership strategy then the share is always under pressure. They need to have Chief Scientists and a Chief Executive on the board - with the role of the CEO to make commercial partnerships as soon as possible. My opinion - Thanks Blue

Cando - anyone who buys an aim listed Aussie explorer with DL and Poulden involved at board / leadership level knows absolutely that this can wobble all over the place price wise - look at the investor warnings on the placing document - it says up front this is a high risk investment etc ... this is a binary outcome commercial gold = 5x rerating before MRE - and more after - no gold means share price collapses to .25 and they either raise and dill again or they dont raise and the lights go dim. If they hit gold then another raise and 2 years of drilling to define MRE-JORC is needed at least given the size of this thing - as long as the gold price stays above 3500 - and they find something that looks commercial - you should 4x or 5x from here by mid 2026. Thats my views - thanks Blue

So you want the largest shareholder at 100m + shares to be voted out of the company because there is not an RNS published that has the words that confirm your investment case? What is your investment case? Is it not - secure leases on interesting prospects - raise money - drill and explore - (we are here) - raise again - prove resource to MRE using JORC codes - invite partners and / or raise again to produce aka - GGP - sell or share production.

That's my investment case.

They have only drilled 3 or 4 holes - they could all be without the kind of value that demands an RNS as being significant - this could go to .50 in 60 seconds - if you cant accept this then get out of this share - its a very binary bet being led by some pretty sharp operators - but if its good then the return is a 20x or more share price - Thanks Blue

Its the management of the shares - if they were PLACED - then they go and find a new long term home - if they are near or in the market - then there is too much supply and the market makers must reduce the prices until they find buyers at a new lower level - the market dont have much scope to hold large positions for a long time - they are a liquidity mechanism not a funding mechanism - its not their job. Once this has passed through to price will start to return - but this is the success premium you pay for warrants - as they convert the put supply into the market - increased supply reduces prices - its really simple. Once the warrants convert and clear through - then supply reduces and prices increase. If you are trading momentum long it hurts - if you are invested for a couple of years to see the story emerge - its just a tiny bump in the road. Thanks Blue

Bad communications - why don't they RNS that the have "placed" the shares at a price of x with 1,2,3 etc institutional investors. Surely their brokers could have found someone to take them at a 10% discount to the market. Anyway its done now - who knows could be divorce settlement, house buying, debt settlement, university fund - etc. Lots of reasons to convert and cash out a bit. Im holding - i don't feel like the story is broken and the directors are leaving. Thanks Blue

AIM is not useless - its allowed GGP to get the high risk CAPEX required to turn a small - in fact tiny - explorer into a billion plus producer - nothing useless about that.

Be patient.

The Stock Market is a Device for Transferring Money from the Impatient to the Patient - Warren Buffet

Shorters ! - Why cant the price fall just be people selling to close - what makes anyone think they are always shorters ? Also - who shorts into a weekend? Nobody who does this to make a living that's for sure. // Thanks Blue

Shelf offering will hold the share price in range now - unless they uncover some amazing new resource sizes, because the market knows there are shares coming soon - its not a big deal - all growing businesses need capital - im just saying from the market's standpoint - there are shares available - and probably within 3 - 6 months.

Hope2GAin - if your investment case is selling He into NASA then look at Pulsar Helium - they are doing similar exploration work in Minnestoa - which is a lot closer to NASA then Tanzania. Obviously everything depends on price etc - but th US is very keen on developing strategic mineral assets so have a look there as well for US facing sales. Thanks Blue

LotM - i worked as a corporate broker and assistant dealer too - 30 years ago - i assure you that listed companies dont give 1c about private investors you / we are just fleas on the dog. Annoying, always there - but ultimately irrelevant. The corporate brokers will be talking to the people who matter - the Directors will be passing out information via DL - as he is a consultant and not held to the same standards as Directors - the people who finance these exploration companies are very inside and very well informed - the brokers talk to the market daily - hourly in fact between the dealers and the MM - and you are so far outside the circle of information that any RNS or whatever is irrelevant. If there is something significant under all that cover - then larger investors will start to look and then the private investors - even large ones become invisible. Im just saying - don't waste lots of emotional energy on this - you have no influence except for your £25k of shares or whatever you hold today. Thanks Blue

Calculations - dont the calculations need to be adjusted down for when the reserve pressure falls off and extraction either slows or stops? I dont know - but thats what happens in O&G extraction. So the extractable resource could be 1bn x .7 or some factor like that. Thanks Blue

Thanks for your detailed comments Smooth. One comment back - there is plenty of coal and steel related slag outputs in Asia - esp China, Vietnam and India too. Its not for me this one - I just dont get it - good luck investors - thanks Blue

I have looked at this but i just dont get it. First its just a big sand deposit - right? Thats not particularly rare really. And its going to be used to manufacture lower CO2 cement - well thats already done with loads of different products - volcanic lava deposits for example. Then whats the extraction cost and shipping cost to get it to say Singapore or USA or Europe? Also the company have taken an asset they paid £1000 for under license (+ extraction license at 3%) and have said its now worth $1bn - its not been valued under normal MRE type calculations. Am i wrong ? Thanks Blue