Member Info for ChartaRex

Whisp3rs,

IMM - £0.4m cash, losses increased this year to £1.8m, MCap £61.72m.

Completely uninvestable right now IMO.

Thanks for the reponse Sparky,

I agree with all the points you've made, it could have a future. I'll keep it on my watchlist until things are clearer with the financials.

Thanks 😊

Is that you Leni? How's the weather in Perth?

Does anyone have numbers on any actual profit here?

TBH I'm struggling to see where the value is right now. SALT has a MCap of £26.69m, cash of $0.9m (having spent $2m of Feb's fundraise on inventory) and projected sales of £5m NEXT year - "The Company is now projecting 2026 sales to total $6.7m based on in-hand volume estimations and its current customer base."

What's the actual profit/margin??

Don't get me wrong, I love the idea of 50% less salt, the need for people to cut down, and the patents this company has, but without a profit it's uninvestable right now. It appears to be valued on a huge uncalculable forward PE.

Grateful if anyone could shed light on this?

Neither. He's manipulating the situation to HIS advantage, not yours....

You can't trust Lenigas. Not ever.

Read his wiki page.

"THERE IS GOLD IN THEM HILLS"

But we're not drilling in the hills, are we? We're drilling 500m underground..........

"You see my friends...valuation doesn't lie...potential doesn't lie.....assets don't lie...charts don't lie....."

Yes, but Poulden & Lenigas do.........

The $275m of disposals is equal to 29.52p a share.

Methinks the 30p Sid offer needs to be revised up a tad.

Just sayin'.......

Napthman1,

No, I'm quite intelligent actually. You on the other hand, come across as aggressive, arrogant and rude.

It's the measure of a man when he attacks others from the safety of his keyboard....

Napthman1,

Which 'first' fundraise are you talking about? I've just looked at the RNS's and Poulden's done at least FIVE fundraises in the last 12 months alone, though I suspect there's a few more, as he sometimes buries them in other RNS's as an 'afterthought'.

Maybe, as an investor, you should read some of them......

Uktrader6,

You & I know Poulden so well. He never misses a chance to suck in more punters money. a quick dilution for everyone and, hey presto, another £1.5million in his bank account.

From memory, that's over £3.5million raised so far this year, and current holders have been massively diluted by >50%, yet I don't hear a single one of them complaining? How nuts is that!?

Mediman,

My views on WSBN & Poulden are clear for all to see. If people are greedy/stupid enough to buy into Poulden's fantasy, then they've no-one to blame but themselves. I want out at 3.4p, but I'm not going to tell lies & manipulate people into losing money here just so I can get out at breakeven. I consider myself to be a very honest person. So if we don't hit 3.4p then I lose my money, but I'll have done it with honesty & integrity. I'll sleep peacefully despite the loss.

Read through my posts, going back several years, re Poulden and his M.O. If you still invest here, then that's your decision, rightly or wrongly.

Now please continue ramping, I've got a target to reach 😁

Well done Casper!! Now THAT'S how you ramp this pos..!

Everyone, take note. I expect to see a lot more like this. 😍😍😍😍😍

Uktrader6,

Correct. Last time Poulden did it (a few years ago), he showed cores with huge streaks of 'gold' in them. It was fools gold. He knew EXACTLY what he was doing.

Anyway, back to the ramping. What's happened to the +2kg gold nuggets at Mosquito Creek? Maybe that's why they've all flown to Perth. Lenigas & Poulden will be going to the Creek with a Tesco 'bag for life' to pick them up off the ground. Before you all scratch your heads - RNS of 26 Sep 2024 refers..

To help you, don't foget to mention our latest foray into Bitcoin. I 'spose Poulden will pass it off as another 'mining' venture...🤣🤣🤣

Come on you lot, another 2p and I can finally get out of this fantasy pos.

Your enthusiastic ramping was excellent on Monday & Tuesday, you did us proud 😁😁😁

Don't stop now, I need to hit my target before everyone realises Lenigas is a proper snake & Poulden's the Snakecharmer-in-chief.

Grateful if you could pump this up to 3.4p before the weekend. Cheers 😘😘😘

JBCo,

That's the spirit! We need more pumping on here. I've got a 3.4p target to reach.

Some of you are frankly rubbish at this pumping. I'd rather hoped I'd have my money back by now.

Can't wait for Poulden to post pretty pictures of the cores with huge gold veins running through them, just like he did last time....

Those in the know saw it was 'fools gold'.........

I've just been looking at RNS release timings for WG. There's no specific time, they release them at any point during the day. So news could come today by 5pm, but mmore likely on Tue morning at 7am, that gives them the weekend to tidy up any loose ends, assuming the deal goes through. More than likely it'll be yet another extention......

To take a small position here.

I've just bought into FXPO as I think the war will end soon, then this will multibag quickly.

My thinking is that China are the key to stopping the war - taken from the Telegraph just now: "China has called for “all parties” involved in peace talks in Washington aimed at ending Russia’s war in Ukraine to reach an agreement “as soon as possible”.

Without China's support Putin can't go on.

Hoping for a 3, 5 or 10 bagger by Xmas, with a bit of luck and a peace agreement 😁

Deffo worth a punt at this level.

GLA & happy investing