Member Info for DRB83

The volume has gone for now so im hoping we just languish around 0.24 until the next news. By then we'll have a solid foundation to kick on from. I've been here over 5 years so patience is something i have plenty of.

I predict a possible Friday rns.

In all fairness, I wouldn't expect that rns to move either wcs or ufo. Further consolidation would be great today. Anticipation will start to grow over the next couple of weeks.

It confirms that we are due several more rns's over the next 6 weeks. Anyone trying to trade the ebbs and flows will do so at their peril. Better to just sit on hands and watch your investment appreciate.

Definitely feels like a warrant churn regardless of what some might say. Meaning all those 0.12 warrants now sit in stronger hands at 0.24-0.29. If those next few holes confirm continuation then next leg here we come.

If we are indeed mining in 12 months then silver could quite easily be $50+. At which point, even our 30% will be generating millions of free cash flow. At that point, a whole host of opportunities open up.

Not surprised personally. We had 2 30%+ rise days recently and we've been consolidating the last 4 trading days churning 1.4bn shares in the process. That's a decent floor being laid i believe ahead of the next news that lands. Anticipation and FOMO set to kick in ahead of the next results release.

That 77m must be a sell. I bet it was what was holding back the share on Friday. I kept seeing a sea of blue on Friday but red price. The 77m and 23m explain the price movement. Now they are cleared. Could be warrant churn at 0.12. Maybe we'll get an rns soon. Cash in the bank if so.

Weld Range, mid-west.

Should find out slightly after 11pm just who/what Fenix are acquiring.

As much as I'd like us to do a deal with Fenix, I don't think it is us. In their latest annual report Fenix mention growing in the mid-west. I don't think we qualify as mid-west. Happy to be corrected.

I think 50% is September and 50% 6 months after that. Our 30.5m shares are worth $7m and 50% of that is available for sale from September. Seems like short term funding is sorted.

Can ufo sell the shares in wce. Sure they'll be some constraints built into the deal. Great if not as we'd be funded for a few more years

We'll know before then cos it will surely leak

Ufo just gone blue again

Brockman and Vivash need some tlc at some point.

Stay clear of outright sale imo. Too much upside to lose. A structured buy in similar to the wce eh deal is the way to go. Imo

when we do disclose a transaction related to han****, i suspect it will be a jv/farm in with a relatively small nearby partner. plenty of reasons why fenix would want to buy into han****. they have plenty of cash but not that much iron ore. han**** has potentially 30mt+ of iron ore. han**** is a similar model to the other operations frnix have so why not. we'll find out for sure by 1st september. hold on. plenty of positive news to come.

Wce drilling to 220m in about 4 weeks time. Hold on tight

https://www.ntnews.com.au/business/stockhead/long-shortz-with-west-coast-silver-ultra-highgrade-silver-hits-crown-elizabeth-hill/news-story/249649a15a0064ef5beedafc02e5c974

anyone else think a jv on han**** would be premature given the potential for a jorc increase closer to 40mt. surely a offtake against the already confirmed 10mt would suffice and avoid any further dilution. fenix managed to secure there full annual production for several years via a offtake and they only had 10mt. it must be top of the priority list.

island, eh be mining late 28 earliest imo. free carried till then. han**** likely to be producing 2026/7. albeit, we may need to give some away as part of jv. han**** would then fund eh as well as further exploration at han**** and munni munni. just my thoughts