Member Info for CentralCashier

On 25 November 2024, WeCap announced that it had converted all Convertible Loan Notes ("CLNs") it held in WeShop into

3,208,333 new ordinary shares. Having made a small equity investment in the prior year, the Company now held 3,224,090

ordinary shares in WeShop. On 15 September 2025, the Board of Directors of WeShop approved a 1-for-4 reverse stock

split of its issued share capital (the "Consolidation") in preparation for WeShop's proposed listing on NASDAQ. Pursuant to

the Consolidation on 22 October 2025, every four Class A ordinary shares in issue will be consolidated into one Class A

ordinary share, with any fractional entitlements rounded down to the nearest whole share. As a result of the Consolidation,

pre-consolidation issued shares of 43,141,029 were consolidated to 10,785,224 post-consolidation issued shares. The

WeCap equity interest of 806,022 consolidated shares therefore represents approximately 7.47% of the WeShop issued

share capital.

In addition, WeCap has a 23.5% equity shareholding in Community Social Investments Limited ("CSIL") whose sole asset is

2,083,333 consolidated shares in WeShop. Should CSIL make a distribution in specie of its WeShop shares to CSIL's

shareholders, the Directors believe that WeCap would receive up to a further 489,583 consolidated ordinary shares in

WeShop, increasing WeCap's equity interest in WeShop to a total of 1,295,605 consolidated ordinary shares representing

approximately 12.01% of WeShop's issued share capital.

As lot of new investors holding this, just to try and save you any more losses (in my opinion) can you just ask yourself what you are holding for?

Given the debt, the warrants and the core business value of SWC, what event are you waiting on for this to go back up? Other than BTC having a huge bull run, is there any company specific things that you think can add more value than the current share price?

If you are new to investing please look into how warrants work and how they caused dilution, do not take Andrew webleys calculations for valuing BTC in treasury companies.

Unless you are trading the daily spikes on this, it’s a very rough place, I feel incredibly sorry for all those new investors spiked here. All my own opinions but if your thinking about buying or selling here please make sure you really know what your doing.

I could be wrong, but wasn’t this a great daily mail tip?

Down 5% now, strange but the asx seems more likely to spike than AIM currently, oh well. Hopefully this FS brings us all a nice Christmas present (and none of the AUS coal).

“£20k raised, with the net proceeds we managed to get Janet an eccles cake for her birthday”.

SWC is an adversely geared BTC stock, if BTC goes through the roof no huge nav changes are there, if you take out corporate costs etc.

But, if BTC falls out its arse, there is no profit to pay these corporation costs, so effectively you just have loads of debt.

04/11 - BTC Value £220,733,769

14/11 BTC Value £191, 677, 464

So £29m wiped off the balance sheet in 10 days, don't forget the warrants, so we have an adversely geared BTC investment. 2600 odd bitcoins purchased on average for £10k more than the current btc price, so an investment loss of £2.6m.

This is basically a huge bitcoin ETF with insane management costs.

Still very much a minnow, good things come to those who wait etc.

I got in here as a punt a few weeks ago with almost 0 research, the more research I have done has lead me to build my stake further. At the end of the day, this will earn more than any dividend paying share over the course of the next 2-3 years, so its a no brainier.

Look at the current market cap, look at the size of a deal done today on one of the "least sexy" assets in the portfolio. And more importantly, look who the JV was signed with today. The only way is up, DYOR.

Can you send me a link to the telegram group?

Would be hoping for more than 20% from here, the spread has been just over 10% for a while, all we can do is hope gold remains strong and the results are good.

From the RNS today there is one "worrying" line for me, which is right at the top...

"Refocus on independent retailers and contractors, whilst eliminating loss-making revenue"

If independent retail and contractors have not been the core focus, then I can only assume the large national partnerships with Tapi, "The Range" and B&Q are the "loss-making" revenue, then they are turning their back on some serious volume. If this is the case then I can't see how they can make this up and this business model has always relied on volume at scale to work, hence the need for partnerships with the like of Tapi and B&Q.

I know they opened a string of trade counters a few years ago, I wonder how today's presentation paints these in the road to profitability. I know that at least one has already been closed.

Profitability likely for 2027? Probably means not a good RNS expected until mid/end 27, maybe even early 28. I can imagine there are better longer term investments currently out there. Only slight benefit here is the SP discount to NAV, but the losses published along with mass redundancies are eating into this.

Siennaj, can I ask you a serious question, you say “trash this share” what are you actually hoping for here by ways of return on investment? The royalty deal signed this year was all well and good, but if the new corporate structure is just to invest any profits in bitcoin, what is the real excitement? The Korean prospects seem dead in the water, the only potential ace in the hole here would be of the license was renewed in Korea and a suitable partner could be found. The corporate costs (and the costs to fight the license in Korea) will probably mean there isn’t boat loads of cash available for shareholders.

Somethings up here, 15% down today represents circa £7m written off the value of the company, yet so far we only have £83k worth of share sales posted and the spread isn't that big. Either the market makers are have on stock and want rid, or there is a big order out there for a large buy/sell.

Just 18c on the ask of the 2028 bonds? https://www.boerse-frankfurt.de/bond/xs2315945829-victoria-plc-3-75-21-28?mic=XFRA

What’s the rise all about today? Where is the news that caused this?

With an RNS like that I can’t see how we are still sub 2p, it seems we are on the precipice of sitting on a stack of cash, all seems to be falling into place at the same time, let’s hope the good pace continues. With all of the drill projects going on let’s hope cash from mining is used to find other operations and not cash raises.

They are all pie in the sky, but if we had another 6 months of gold above 3.5k an oz, the majors are going to have some much surplus cash that buying a junior producer (with a long mine life) is the most sensible way to prolong company life and keep their share prices high. Gold doesn’t last forever and this in its nature is why the price increases year on year.

Everyone one hear moans of dilution like buggery but the time taken to get to where we are has geared the profits of TK (and Saudi) exponentially.

If we are at 4k gold next spring then I’m sure it’s a possibility, but at 4k gold with everything in place why would shareholders agree to sell for anything less than NPV?

A good thought with the morning brew, let’s all just be happy the SP is moving north and our wealth is growing.

Good luck to all.

MrJohn I expect 320 would be the bottom of this bounce, but who knows. I am fortunate that my in price in new money is close to 140 so no point selling and re-buying. I don't think I will consider selling until either Hav FS is done and out ,and depending (on it) maybe into production.

It’s just absolutely senseless, on fundamentals alone this is just crazy. With what we have spent getting onto the ASX and the promises of Aus pension investment and “the way ASX values mining firms is so much better”. Honestly don’t know why we didn’t just move to the main market and get away from AIM.

I could understand the current pullback if we were close to £5, but at probably close to £3 by the end of the day today it’s just a car crash.

I was talking to a friend over dinner at the start of this year and predicted a close price of gold for the end of this year as a very ambitious $3400, I was in many of my gold shares at the start of this year, so to be anywhere over $3400 at the close of play this year would be incredible for all my investments that were looking fairly good at $2000 gold.

There is a difference between trading and investing.

Do we think that this is 100% Havieron?