Member Info for Davidobee1

AK247: Generally I sit on the fence and just absorb what information is shared via these forums. You get to know who are the rampers and who actually look into the potential. Whilst I do agree with you that the 4M raise was a good thing, however I would like to see a breakdown of how these funds are being spent. Yes increased activity but I guarantee you that the board are flying business or first class out to Perth with some of that cash. The RNS announcements are vague and poorly and mostly poorly written. Lenigas and Ed are preoccupied with other projects and Poulden is an old man. The 200m step out conversation on this forum the past few days was also an interesting one. The board give zero methodologies. Red Setter, on paper seems an excellent opportunity but until the assays return, we will know no further. I feel that with those currently involved this will always be held back. Blind leading the blind.

I check the posts where I hold shares regularly to see what nonsense is being said and then make of it as I please. Nobody can predict exactly when this lot are releasing news, all a bit too quiet considering the hype from Lenigas and Poulden. Pulled shareholders pants down with a 4M raise when the prior raise should have lasted into 2026. You can argue that they did not expect to add further rigs and night time drilling, however a good board would have factored this in. False claims. I hope for everybody (including me) that the assays are good. Thankfully I’m in at 0.4p and haven’t sold a penny.

You lot have been posting this for weeks 😂

Well worth a listen

Fair analysis in return.

Still feel it’s worthy of a buy, however ALRT has been somewhat misleading with the information shared resulting in the drop.

I think the Magnificent 7 needs addressing.

As per a prior RNS: Defence Technologies' first product is strengthened by a Magnificent 7 hyperscale partner, whose collaboration with Whitespace ensures sovereign-grade scalability, resilience, and security are embedded from day one.

The most recent RNS suggests that:

Defence Holdings is using Google Cloud (Distributed Cloud, air-gapped) as the backbone for Project Ixian. This is not a commercial contract with Google. It means Defence Holdings is a customer of Google, paying for infrastructure.

IMO. This can’t be the Magnificent 7 they were referring to otherwise it’s a big anticlimax and is exactly why we have seen a 30% drop.

Why would you be selling when it was over 4p just a few days ago..

HL no issues - higher fees but lowered by half if you trade x20 a month.

That typo had me stressed 😂

This was overbought two weeks ago, had a nice bit of pullback/consolidation and gradually building. Rightly so with deal rumours in the background. Still slightly reserved short term given the patent application can take multiple years and worse still, be rejected.. however huge market and if I was one of the big dogs, I’d want this off of the market. Buyout before close of 2025..

Profit takers.. this one is going all the way. Great Christmas incoming for long term holders!

Looks like it’s going to get somewhere near 3p into the weekend..

Agreed, these ones are what I call a calculated punt. I wouldn’t just put money somewhere for the sake of it but at the same time, it doesn’t phase me much to not look for a month or two

This will have its turn soon

Best thing to do is sit tight and check again nearer to Christmas

Those are key to RedSetter now too. Given early signs at hole 2 you would assume that any results from hole 1 are going to be identical / superior at hole 2

Taken from the RNS:

The first drill hole core samples are at ALS Laboratories in Perth and have been cut, with sample preparation underway. Assaying will begin shortly and results expected in the coming weeks.

Based on the above, I would assume that results from hole 1 are a few weeks away yet.

Don’t shoot the messenger..

Great update. Thanks Paul.

Great update, all on track here. Not long before the sleeping dragon awakes.