Member Info for BradleyBiggle

The geologists really pinpointed us to the right first hole didn’t they. Really fascinating and impressive stuff.

I imagine there will be quite a few case studies and presentations about the ground studies that lead to this. Take my hat off to the Geos.

Wonderful stuff. Congrats holders :)

My AI odds:

Probability Upgrade

Previously:

Peripheral veining + sulphides → maybe 10–15% chance of leading to a resource.

Now:

130m mineralised breccia pipe → more like 30–40% probability of a viable resource before assays.

If assays show Cu 0.5–1.0% and/or Au 0.5–1.5 g/t over that interval, probability jumps sharply higher.

Well done and thanks, news. I was wanting that clarity round intentions of extending and available rods.

Reassuring

Maybe useful to someone. I've got a GPT chat open where I've been quite conservative and kept to facts.

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Why “Sulphide Mineralisation” Is a Big Deal in This Context

Sulphides = metal hosts

Most gold and copper systems in intrusive domes occur with sulphides (e.g., pyrite, chalcopyrite, bornite, arsenopyrite). Seeing them is a first-tier vectoring clue.

In MT data, conductive zones = possible sulphides

If the mobile MT survey suggested a 3 km strike conductive body, and they’re now intersecting visible sulphides within it, that strengthens the interpretation that the geophysics mapped mineralisation rather than just graphitic shales or saline water.

2️⃣ Probability Shift

Before hitting visible sulphides:

The model was: “We think there’s mineralisation under this dome based on geophysics and surface samples.”

Probability of meaningful intercept: maybe 25–35% in a first-pass hole.

After visible sulphides in core:

The model becomes: “We are physically in the mineralised system — now we need to see grade & continuity.”

Probability of a viable resource jumps — not to certainty, but potentially 50–60% in terms of hitting economic-grade intervals somewhere along the structure.

=======================

So the market is pricing a 50% chance of... what, a 100m, 200m, 500m mcap? At 10m... I'll have a bit of that. :)

Best thing about the RNS for me was it lead with the absolute number 1 thing I was really hoping for:

“Sulphide Mineralisation”

This is a real thing. Not some random drilling into dust.

- so important I’m posting it again! :)

Good point about needing a steady news flow. No fun being in the dark… I think everyone knows it’s going to be a process. Given theirs zero faith in the BoD, open comms are important…

Best thing about the RNS for me was it lead with the absolute number 1 thing I was really hoping for:

“Sulphide Mineralisation”

This is a real thing. Not some random drilling into dust.

Surprised this is still priced to fail. Got to be a 1 in 4 odds of many multiples upside no?

Not much changes in this RNS, but I’m comfortable that it explains rather long timelines of first hole drilling. I figured we must have only been skirting the side of the target since there was not faster visuals.

Wasn’t surprised to see the price drift last few weeks. Would be amazed for it to hang round these levels over next couple of weeks!

A descending channel seems to be forming on the chart... with ~0.18 as next floor. Fantastic entry opportunity if so. Might actually get there if they don't post good core photos. Bit frustrating they've not confirmed depth, any second holes off the mother hole, any mineralisation, etc. I'm not that interested in sump water TBH.

Their not getting a viable resource from two holes either are they…

Possible anyone who wants to be in at this stage, is already in to the extend their happy to be exposed. I’m averaged around this level… only a little tempted to buy more.

Surprised to see price attrit this low though. I’m skeptical and still give it a 1 in 3 odds of finding a viable resource (not tier-1). Not that I’d really know. mcap feels cheap, but how many folks are prepared to add more and hold the news? Be weeks away from the traders jumping back in right?

Watch it fire off tomorrow and prove me wrong now :D

Oh I see what you’re referring to. The tweet is on 21st but photo time stamped 19th.

And there does indeed look to be about 6 layers of 21//22 rods a layer, for about 800m of drilling 🙏

Thanks

Hmm, I missed the 19th July photo, don’t see it anywhere .

The 60 I saw would get from previous depth to about 550m. So I assumed at the time of the photo/tweet had just started beyond the existing 300m.

If there is a photo of 6 layers of 20-ish rods… then great. I understand they are 6m each and would potentially get us well through 550m. Maybe 750 - 800m?

Odd and a little frustrating this wasn’t all clearer from the drill RNS.

*scratching the top of the target

What I’d like to see is a photo from last few days, with a new stock of rods.

Or plain confirmation of deeper drilling.

They stopped too early on initial campaign and look to be doing the same again. One can only speculate as to why.

What I see is 60+ drill rods from Mondays 21st drill commencement photo. Enough to get to 550m and no more.

Then a tweet from Lenigas questioning whether Mead (who’s actually running the drilling) had ordered more drill rods to go deeper if needed…

Bit of politics between the two? Genuinely indicating expectation of deeper drilling? It’s not going to be a duster is it… but searching the top of the target and waiting another few years of fee and wage taking would feel about the same.

Since it’s not Lenigas

So far as I can tell, the realistic odds of striking something viable (not tier-1) are around 30%. This seems priced as though a system wasn’t already confirmed.

Fine by me! :)

Price on 22nd @16:30 was around .49... one rather has to presume they were sells at 0.47. Someone taking some off the table? What on earth do they have left in it!?

Jam tomorrow... or next year.

2 years ago we were looking forward to progressing these holes. God the BoD is pathetic.

No good reason for the rise… drill dates not confirmed. Track record of failing to deliver.

Chart is a pretty strong bearish reversal... and to be honest the story feels like one too without drill dates confirmed...

I'd be very pleased for another good entry point!

Been watching WSBN for 7+ years. I’ve seen what comes next before.

Assume I’m holding and buying dips ;)