Member Info for ChartaRex

Remind me not to play cards with you lot, lol!

With 4 Aces, if you get beaten by a Royal Flush, someone's cheating........ :o)

You'd better hope so......

· Revenue of US$ 0.2m

· Net loss of US$2.5m

· Gross cash of US$2.4m

Yet SALT is valued at $49m (£39m)................!!!

Think I'll wait - a while!!

Forgot to say, I topped up again this morning.

I'm in profit :)

Oh dear Ginger,

Maybe you should have read/followed my posts back then. I said "20p fully valued" for 30% of Hav. And that was if you took all the gold out the ground day one and sold it. Mind you. I got stick for saying it, lol!

The 38p brigade were pushing for a higher sp, whilst some of us did basic maths and worked out the truth.

As for now, with the transformational deal we have, this is an absolute steal at this price. And yes, I've done the maths on it ;o)

If you buy/accumulate now, within the next couple of years you'll make multiples on the current sp.

If you want a "rocket" share & a quick buck, invest in the oilies......

Well. well, well..

12thofnever up to the defence of Poulden, again! Maybe you ARE Poulden? I wouldn't put it past him.

I did research WSBN and, unfortunately for my sins, I actually BELIEVED that the CEO of a registered UK company was telling the truth!!! More fool me, eh?

I've subsequently gone into considerably more detail on the man, rather than the Company. My conclusion: He's a Berni Madoff, a Charles Ponzi and a downright lying thieving bar steward to boot. WSBN is just a vehicle to transfer money from fools like you to him in the UAE.

There is no gold, there is no drilling, there is no money & there is no future.

Just endless fundraises to pay Poulden and his mates.

Expect another fanciful story, another fundraise and another hollow promise of riches - tomorrow.

So run along 12thofeternity, Richard's calling you and wants his 'arris wiped. This time do it properly :o)

Anyone who buys a single share in WSBN now is a fool & deserves to lose it.

Diggit,

Taken from the 10 Jan 2020 RNS:

Capital Reorganisation

The Company's existing issued share capital of 2,845,879,000 Existing Ordinary Shares will be consolidated on the basis of 100 Existing Ordinary Shares into one Consolidated Share, and in turn, each Consolidated Share will be sub-divided into one New Ordinary Share of 0.1 pence and one Deferred Share of 9.9 pence.

The Capital Reorganisation will be undertaken on 20 January 2020 at 6.00pm and application will be made for the New Ordinary Shares to be admitted to trading on AIM at 8.00 am on 21 January 2020.

Total Voting Rights

Following Admission, the Company's enlarged issued voting share capital will comprise 28,458,790 New Ordinary Shares.

Diggit: So he's diluted shareholders 15 fold in 4 years!!!!

Alternatively, your original shareholding is now worth 6.7% of what it was in 2020!!!

So, who on this board is feeling "enriched?"

Who's feeling inspired by Poulden & his scammy mates?

Who's buying into the next, nailed on, guaranteed fund raise?

Who actually thinks ANYTHING is going to change?

Who still believes in his "jam tomorrow" BS?

Answers on a postcard............

Diggit,

Taken from a Sep 24 RNS:

Wishbone Gold Plc is pleased to announce it has raised £360,000 gross at a price of 0.375 pence per share and will be issuing a total of 96,000,000 new Ordinary Shares of 0.1 pence each (the "Ordinary Shares").

This placing will provide additional working capital for the Company. Application will be made for the new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM and the AQSE Growth Market ("Admission"). Dealings are expected to commence on or about 27th September 2024 and the issue is subject only to Admission.

Richard Poulden, Wishbone Gold's Chairman, stated: "This small placing will cover the Company's exploration activity in Western Australia in the coming season.

Diggit, as shown above - he diluted shareholders by 96m shares, a THIRD of our entire share capital - only 3 months ago. But don't get excited, it was just enough to pay his and the NED's wages for the year.

He's already completely destroyed shareholders from 2012, just look back at the RNS's. He then consolidated us down to 28.5m shares, and now were up to 420m+ shares. Rinse & repeat - EVERY TIME! :(

Question: Have any of us benefitted yet???

Answer: No, but Poulden has - £200K each and every year, regular as clockwork, without fail...

"Jack Sun resigned from the board of Betex Group PLC.............. On 27 November 2015, a liquidator was appointed..................... The final return dated 15 July 2024 records that there was no payment to preferred creditors............... no dividend paid to unsecured creditors........................... following which the company was dissolved on 23 October 2024."

Poulden may be thinking about pulling the plug on Wishbone........

It wouldn't surprise me.

Or maybe trying to steer WSBN into unchartered waters.

These new appointments are making me very, very uneasy. It's Poulden's mates that are being put in place....

Either way, expect a massive cash call soon.

I won't be taking part in it.

Yeeeeaaaaah, that was another big fat lie........................... :o(

So now we're going to be an investment/trading house? As well as a gold miner?

It gets more outrageous by the day with this lot!!

3.4p and I'm out :o(

It's "losing".

ie. If your trousers are loose, you may lose them.....

Richard Poulden, commented:

"................and are looking to expand the number of businesses in the Wishbone portfolio."

Anthony Moore, commented:

"........................... taking Wishbone into new fields of expansion."

In other words, more "jam tomorrow" BS, more lies & more scamming......

What about the massive gold deposits and 2kg golden nuggets just lying around on the ground? What? You mean it's NOT TRUE.............!!! Who knew...?

So, another massive wage bill has just been created & they're talking about bring in even more management appointments!!.

Expect a HUGE fundraise to pay for this within weeks/months...!! :o(

Our new Chairman, Tony Moore -

(i) In March 2011, the United States Securities and Exchange Commission ("SEC") decided to close off various matters concerning the Equus group of funds. It censured Mr Moore and accepted his offer to pay $25,000 over 12 months as a civil settlement and recorded the following summary of the details in their order:

"Moore, who controlled Equus's new investment adviser, knew about the senior vice president's stock-option premium before the new adviser took over on June 30, 2005. The same day, however, he sought reimbursement of $535,000 from the Fund for "unforeseen" expenses, most of which covered the stock-option premium. Moore did not inform Equus's board or its CFO that the reimbursement request related to the premium. Equus's subsequent Commission filings, signed by Moore, contained inaccurate statements relating to the premium payment. As a result of the foregoing, Moore violated or caused violations of antifraud and other provisions of the federal securities laws."

(ii) Mr Moore was Executive Chairman/Director and majority owner of Evrensel Capital Partners PLC which was struck-off the Register of Companies in Jersey and the company dissolved on 01 November 2024. The Jersey Financial Services Commission ("JSFC") originally issued a public warning against this company for (apparently) engaging in activities for which it was not authorised. Mr Moore has confirmed to Wishbone that after investigation, the warning was withdrawn from the JSFC's website which now states, in relation to the aforesaid company amongst others, that it has decided to remove the statements from the live public statement section of its website "due to the passage of time or other relevant factors which have reduced regulatory relevance".

From the frying pan into the fire................ :o(

And Poulden's created a new role for himself as his "Deputy". For deputy read "Puppet Master". :o(

I'm out if it spikes.

Avocet123,

If you're down 65% then you really should be averaging down at these prices. This is a 20+ year money spinner.

You must have bought at 20p? Double down and your ave. will be down to 13.5p. You'll be in the black in time - with a lot more to follow. Just set up a dd and forget about it.

I said when I first came on this board that fully valued, GGP was worth 20p - and that was when we only owned 30% of Hav. Look what we've got now......

At 7p this is a steal. So put your mask on and start robbin' it :o)

Oh dear, I didn't see that. My apologies :o) (though I still don't care for Flightman, all his posts seem to be deramping).

JDF7, Interestingly I don't think this is to pay Directors or raise working capital. I think it may used be to finance another deal. They don't say, so pure speculation at the moment.

I've just looked at all the RNS release times since September. A hell of a lot of them were mid-morning.....

Leaky, Leaky?

Maybe the deal's been signed.

Can we expect an RNS today?

I take it you're back to cause more trouble sadtorini?

Why don't you read the recent RNS's?

We currently have $9.7m cash, with another $11.5m due from Total/Qatar Energy on spud of 3B/4B. Thats $21.2m in cash, which is approx £16.5m sterling. That's virtually half our MktCap in cash!

In other words our entire Guyana, Namibia & South Africa acreage, together with Orinduik, (which has a best estimate of 4.5 Billion barrels of oil in it), is valued at..................................................... 5p a share!!

That's nuts!!!!!!!!

I'm buying more in the morning :o)