Member Info for ejt7777

People will either see share consolidation as a positive (e.g. to enter ASX) or negative (more dilution on the way etc.) - we are all susceptible to confirmation bias.

I'm sitting tight right now and waiting for drill result news before making my mind up.

*With volume and news expected imminently, as set out in Wishbone's RNS of 25th September.

That gap will close if Wishbone confirm a major discovery.

Plenty of upside if it happens, both in the immediate and longer term.

LOTM.

I'm typing on my phone whilst at work.

Point is that the delay to assays was known about on 25/9, as they told us at that point the lab hadn't started then. It's not new news.

LOTM,

Yes thanks, I am aware of that. I'm trying to be constructive.

ASL not assaying immediately following receipt in early Sept could have been for a variety of reasons. At this stage, we know that they hadn't as of 25/9, and need to adjust the expectation for reporting results accordingly, that's all.

LOTM,

I can help with thr assays bit.

The RNS on 18/8 said "Transport of the core to Perth to be cut and assayed will now be expedited." Note the transport was being expedited, not the assaying.

The RNS on 25/9 said "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."

This Thursday (6/10) will represent 6 weeks from that statement on 25/9. We are therefore only now entering the timeframe for results (6-8 weeks is typical).

It's bonfire night.

Aim,

With respect.

- We can tell if there has been an RNS or not by the little red dot at the top.

- If claims are made, they will be ignored unless there is evidence one way or other to back it up.

- It's always better to remain silent and be thought a fool than to speak and to remove all doubt.

The last time Wishbone sent 3 tweets in a day was on Aug 18th when the breccia pipe intersection was announced...

Tweets from Wishbone are like London buses today -you wait for one and then three turn up.

A decent whack.

SoC was $1.58bn; on 16 May when it was released the gold price was approx $3200/oz.

If it goes up to $5000ish/oz, I'd esimate over $2.5bn with interest.

I couldn't buy yesterday but was successful first thing this morning.

Https://x.com/uv_shares/status/1918228337907900827?t=8kAPzvsA-EXn0wAM33Ap1Q&s=19

Aim,

When you were on a car journey as a kid, asking "are we nearly there yet?" every 5 mins made the journey feel longer.

1-3 weeks (approx), as per the RNS on 25/9. Any sooner is a bonus.

I suspect the SP will hold/drift for the next couple of weeks until there is news or the sniff of news.

RNS of 25th September:

"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."

agreed gall.

i do think that today puts a timeframe on an 'oh ****' moment from the respondents, but any settlement offer would take a huge amount of prep, not just to agree an amount but for it to be legally watertight.

Good update today, and one we've been waiting for since May. I like the timeframe, and the panel certainly aren't messing around.

This puts the GoI into sharp focus now. They've known the strength of the case against them since May, and the strength of their own case. However, they now only have 3 months (ish) to publish their response to PAT. We'll know in January who is holding the aces.

Still think this will go the distance, but the chances of settlement over the next 12 months have increased.

@longinthetooth1, it is both logical and reasonable to conclude that early settlement is best for both parties.

However, the track record of obfuscation, delay and unreliability on the part of GoR for over a decade when it comes to Panthera has eroded trust, and we are not dealing with a rational entity.

This is why many on here believe the arbitration process will run its course; if not, Mark will ensure thag any settlement offer is iron-clad before it is entertained.

Which forums please?

Presumably they're buzzing about Wishbone...