Member Info for ChartaRex

If the results were that good, then why was Poulden claiming WSBN wasn't viable last year, even with a record gold price?

He was going to give it up and move WSBN into renewables with some guy called Peter Moore. He only re-focused on gold when the other guy sacked him off.. Check out the RNS's...

Maybe he's released this because of the painful truth he's been getting on Twitter..

Fine, so CP & MR don't have the skillset? - then they should step aside and get people in who do....

Rocket science? No, just common sense. Shareholders should not lose out on substantial gains because management don't have a particular mining skillset.

We'll get whatever miserable crumbs Poulden decides we get. This is his LIFESTYLE company. And we're paying for it.....

I agree.

I know CP is ultimately setting BRES up for a quick sale, but I think going it alone would be far more lucrative for shareholders.

We have multiple offtake agreements, SAFELOOP, American grant funding, and a low cost, high grade resource with a mine life running into the decades...

The energy transition is only just starting and, over the next 30 years, it's just going to accelerate. Our graphite is going to be in huge demand.

I honestly think, given the right leadership BRES could turn into a £5-10 Billion+ company within 10 years.

Our MkCap is only £32.5m. Our NPV is currently $486m. And we've only drilled 2% of it...

Anyhoo, with the JORC Resource & Reserves upgrade by next Friday, and the DFS the following week, I expect the sp to steadily rise for the next 14 days.

Not sure where it'll peak, but EEE hit 82.5p from a 6p base, so we could do similar, who knows.

Anyway, good luck everyone, may you hit your personal targets & be happy 😁

Yep.

Latino,

Because Poulden never responds to anything. I've emailed Wishbone several times and NEVER get a response.

If enough people email ALS, they'll tell Poulden his shareholders are clogging up their systems. He'll then have no choice but to release the results or it'll pea off the lab.

Then email the ALS Laboratories:

https://www.alsglobal.com/en/general-enquiry

If enough people do it, it'll put pressure on Poulden to issue an RNS.

Ezhik,

So what? Plenty of companies are registered abroad, but they have their meetings in London.

Aim,

Because he doesn't want to face difficult questions from very, very, angry investors. If he'd had the meeting in London I'd have been there in a hearbeat - with a lot of extremely uncomfortable questions for him.

I'd have demanded his resignation with immediate effect.

AimInvesting,

Well, you've finally changed your tune.

Glad too see you've wised up to the conning spiv that is one Richard Poulden.

I voted AGAINST Poulden's re-election yesterday. He's dragged investors to poverty with his endless lies. He has to go.

Check out his previous job - he got the sack from there as well for dubious behaviour. It makes interesting reading.....

Lol!

Two things:

1. If they wanted gold they'd just buy into Greatland, which is massively undervalued.

2. "They"live in another world, and so do you.......

As you say, it'll all come out in the wash.

Hi Flinn,

I'd love to just cut my losses and walk away, but I'm down over 70% the thought of Poulden coming out on top seriously rankles me. He's done nothing but lie & deceive shareholders for years.

I'm hoping for a glimmer of good news in the upcoming assays & a spike in the shareprice to about 3p, that'll be my cue to hit the sell button. If not, then I'll keep pushing for Poulden to go. I'm doing very well with the rest of my holdings, so can take the hit easily.

As for what I've said about Poulden and the way he's run this company (badly and into the ground), it's all true unfortunately. But please don't take my word for it, just go and read the last 5 or 6 years worth of bs & lies he's put out in the RNS's.

I think I'm more frustrated that spiv's like Poulden can operate with impunity, sucking in the gullible, those who work hard and try to get on in life, first time investors, and destroying their financial lives while he lives it up at their expense.

I guess I beleive in fairness and honesty - attributes severely lacking in Poulden & lLenigas.

Nettles,

As at today, with ZERO information coming from Poulden, we have NO GOLD.

Ask me again when we get the official assay release.

Nettles, Thank you for the acknowledgement & your apology is humbly accepted.

I've been here for years, with an average of 3.4p (as many on this board will attest to).

I know it's hard to believe, but I truly, truly want Wishbone to succeed, for all of us, but Richard Poulden is unfit to be our Chairman or to lead this company. Everything I've ever said here is backed up by the information Poulden has released to the market. There's a theme here - raise money, promise the gold, dilute shareholders, issue a powerpoint presentation or two, consolidate the share base, rinse and repeat. Go back and check out all the RNS's he's issued these last 10 years or so. It clear to see for anyone who can read.

As for the drills, why hasn't he released the assays for Hole 1 yet? They've been in the lab at Perth since about 21 Aug. Thats over 11 weeks now.

Why did he recently dilute us to infinity, again?

Having raised over $4m, why's he now consolidating, again?

Why's he issuing deferred B shares??!!

Why did he feel he needed to bring on board the biggest conman on AIM, Lenigas?

There's RED FLAGS everywhere with Poulden?

He claims over $200K a year in salary, whilst living in Dubai? How do you drill a hole from Dubai?

He charges us "consultancy fees" to do the job he's already paid for. Why? He's the Chairman and already gets a salary. It's nothing but naked greed.

And you're paying for it...

Even if this comes good (doubtful), it's Poulden that'll end up with all the gold. Not you, not me, and not anyone else.

Anyway, good luck and I hope it works out for you. Me? I'm out if it hits 3.4p

"Because Institutions, looking for a safe place for cash is phoning Poulden complaining ..."

Lol, seriously? Now I really have heard it all..!!! Utterly, utterly, deluded....!!!

Institutions do NOT invest in gold companies that have NO gold, NO revenue, NO profits & NO money..!!!!!

G E T A G R I P ! !

NPV valuations post DFS are usually in the ballpark of 15%-35%.

If you take a 'middle of the road' valuation - 25% - then you have a post-DFS shareprice of circa 35p.

That's a 400% gain within the next 3 weeks. Let's see how it plays out :)

Nettles,

Day trader? Lol!!

Feel perfectly free to check my history. I've been warning this board about Poulden for longer than I care to remember.

And here's the kicker - everything I've said if factual, and referred to in HIS fantasy RNS's, if you could be bothered to look/research.

Make no mistake, the only person to benefit long term at WSBN, will be Poulden...

Vote NO to his re-election

Go back and look at the RNS of 25 Apr 2022 re the drilling results at the Coffey Deposit, Kathleen Valley.

Phenomenal......

That's why I originally invested. I'm still holding & adding.

Poulden can do what he wants, because you let him.

Vote NO to his re-election.

All this bs talk about consolidation is missing the point.

It's a smokescreen to keep you occupied while Poulden quietly gets himself re-elected to the Board, again!!

You all need to understand one thing:

Richard Poulden is the worst thing to happen at Wishbone. He's massively destroyed shareholder value. again and again and again, with his endless dilutions and consolidations.

We have an opportunity to take control of this company, to make things happen and, finally, maybe dig up some gold - something Poulden has NEVER done in all his years here.

We need to vote Poulden out NOW. He can take his slimy mate Lenigas with him.

If you don't, then turkeys are more intelligent......