Member Info for ChartaRex

Sidara walked away at 230p due to "geopolitical risks". At this price, I think they might think it worth going for...

We're also due over £100m from the sale of 2 non-core assets this Qtr - that's 20% of our share price..

I expect a re-rate to £1+ in short order.

Just dipped my toe in at 70p.

It's way oversold imo.

Rude not to take advantage :o)

And the latest presentation shows us drilling FOUR wells in Guyana & South Africa within Q1/Q2.

With Farm Out discussions currently ongoing for Namibia.

I expect plenty of news over the next 2-3 months.

Seriously, what's not to like! :o)

Https://www.reuters.com/business/energy/portugals-galp-says-field-off-namibia-could-contain-10-bln-barrels-oil-2024-04-21/

Mopane 1 is just slightly north of 3B/4B and is sitting between 1000m-2000m depth. 3B/4B is sitting on EXACTLY the same trend.....

We're drilling TWO wells in Q1/Q2 with Total & Qatar Energy :)

I'm already in for the win :o)

Just a half decent hit could put this over £1.50

SprintRS,

It's actually OVER HALF A KILOMETRE down or, in old money, a THIRD OF A MILE down :(

Happy to help :)

Highlights

· Assays for first five of the 11 diamond core holes have been received (Table 1) delivering exceptional results

· KVRD026 - 6.6m @ 14.86 g/t Au & 21.79 g/t Ag from 209.40m including:

o 5m @ 18.94 g/t Au & 28.08 g/t Ag from 210m which includes:

§ 1m @ 27.60 g/t Au & 47.50 g/t Ag from 211m, the highest grades returned to date

· KVRD025 - 5m @ 4.26 g/t Au & 13.35 g/t Ag from 198m including:

o 3m @ 6.90 g/t Au & 21.62 g/t Ag from 200m which includes a high-grade zone comprising:

§ 1m @ 13.45 g/t Au & 37.70 g/t Ag from 202m

· KVRD027 - 10m @ 1.11 g/t Au & 4.35 g/t Ag from 205m including:

o 6m @ 2.26 g/t Au & 7.03 g/t Ag from 219m which includes a high-grade zone comprising:

§ 1m @ 4.49 g/t Au & 18.40 g/t Ag from 224m

· 1m re-spilts of anomalous 4m composite samples from the 2021 RC drilling have been received (Table 2), extending mineralisation in several holes with a best result of:

o KVRC016 - 11m @ 2.19 g/t Au from 94m including:

§ 1m @ 14.73 g/t Au & 2.43 g/t Ag from 104m

· Mila has completed 22 reverse circulation ("RC") & Diamond drill holes for 4,509m during Stage 1 of the drilling campaign.

Then along came LIONTOWN!!!................ :o)

MarketAnalyst,

What chemicals?

Taken from SALT's website:

"Microsalt’s® effectiveness stems from the size of its micron sized particles which are approximately 100 times smaller than traditional salt.

This makes it dissolve much faster on the tongue, thereby delivering the same sense of saltiness but using approximately half the amount of sodium. It tastes like salt, because it is salt – with no added potassium chrloride or bitter after taste. It is a natural, non-GMO, gluten free, kosher product."

I don't have any issues with the product, indeed the FDA wouldn't allow it to be sold in the US if it wasn't safe. My issue, currently, is with the valuation.

Daniel,

Not to mention Liontown are paying for EVERYTHING - Heritage, drilling, assays & the actual mining :o)

MILA won't even need to put their hands in their pocket :)

And we get FREE Lithium to top it all off!

I don't understand why we're not at 3p+ to be honest!!

I meant SALT

Oops!! :o)

Mkt Cap £47m

Revenue £153k

Loss as at June24 £1.92m

Cash as at June24 £1.86m

Seriiously over bought (in my opinion) right now.

Don't get me wrong, the potential is huge. I've just looked at the numbers for the global food salt market - it's projected to hit $40+ BILLION within the next 6-7 years & governments around the world are legislating for lower salt levels in food, but the numbers above don't stack up with the current share price. SALTY floated at 43p. Revenues & cash don't justify the current sp.

I've got a small holding, which I'll keep (just in case!), but I'd rather wait to see if it pulls back a bit before I go testicles deep :)

Punpkin, I agree, it is excellent news and, as you say, eveyone else will have to follow suit. But without numbers I can't make an informed judgement about whether or not we're drastically undervalued, overvalued or fair value at the moment. Therefore I can't take a larger position. Guess I'll just need to wait for the next Final Results RNS. It's too easy to get caught up in the hype these days :(

Goldwish,

Suggest you read the Redsetter RNS:

"Last year's reverse circulation ("RC") drill collar program penetrated.......................showing the target at a depth of approximately 550m for the targeted diamond drill program."

550metres. That's 100m DEEPER than GGP's Havieron, and they've spent over HALF a BILLION just getting to it!

And Redsetters gold grades are utterly abysmal in comparison.

As for 1daymaybe, no-one's crying. PI's don't like being taken for fools by liars and charlatans like Poulden. And having idiots like you constantly defending him is nauseating and frustrating. You need to change your name to 12thofnever. Because that's when you'll see the gold from Wishbone.....

Goldwish,

"next news could be a capital raise to take red setter into production."

What on EARTH are you talking about, or smoking............................?

With statements like that it's clear you haven't got the faintest clue about what's going on here...

So let me clear up any confusion for you; Wishbone is a vehicle to raise funds, usually around £300K per year, to pay Poulden and his mates their annual salaries. That's it, it's that simple... :o(

There is absolutely no gold to be had under Poulden. Never has been, never will be. It's just a fiction/fantasy story to get you to part with money. And Wishbone is the book......

I agree. Without revenue numbers it's meaningless.

We have $2.2m cash on the books and no visibility of earnings from these deals. A current MCap of £30m+ seems at odds with that. I expect a pullback this month.

Wouldn't want to be out of this overnight, lol!

If WSBN's that good 1daymaybe, why don't you put EVERYTHING you own into it?

Why don't you share your fantastic research into WSBN with the rest of us? You can obviously see something that none of us can......

I've laid out quite clearly that I STRONGLY believe this is a lifestyle company for Poulden and his mates, and I think most on here can see where I'm coming from.

So come on, give us your analysis..!

If anyone's on Facebook, get on and call him out.

He's getting called out on Twitter/X every time. Do the same on Facebook and hopefully he'll come under pressure to act or, better still, RESIGN!

Investors have ZERO faith in him anymore.

Word salad! That's all this RNS is, a complete word salad of technical mumbo jumbo.

More "jam tomorrow" BS, "close to Telfer" and pretty pictures of nothing.

Will Poulden EVER drill????????? Will he ever mine? Will he ever produce real gold - that WE own?

The answer is NO! Not a cat in hells chance :(

Poulden needs to go!!!!! He needs to be removed!! He needs to be sacked!!!

This is HIS lifestyle company, ffs!

Expact yet ANOTHER fundraise after this. Gotta pay them wages ya know!

Farm out news from Guyana MUST be imminent. They've been talking with the Major OC's for over 7 months now, including Exxon. Hopefully news due very soon :)

I've loaded up here with as much as I can tolerate. With final results expected next Thursday, I'd like to think there'll be an update on what Liontown have been finding on our tenement. Hopefully some drill & assay results with Gold & Lithium in them before Thursday? Could be huge :)

Can't see this going much lower, and the upside potential is absolutely massive :o)