Member Info for EyeGuy

Gold up again. Perfect storm coming here imo.
Should be a very good few weeks

Yep. Imo it’s just too cheap for what they have and where they are.
We know the SP has been under pressure from Riverfort , then the small placing has stalled it slightly but I’m guessing the placing shares have done or very nearly done now and it’s going back up.
I’m pretty happy with this tbh
Dyor

Typo - the word not should be now.
Nigeria are now looking at minerals

Bradley- they aren’t going to place to get the new plants up. RP has explained that countries that are mineral rich- ie Nigeria that focus on oil, are not focussing on exploitation of minerals.
The plants are cheap and uncomplicated but what wsbn offer is a route to get the gold sold and traded in the correct way. The government win because they receive the tax.
The miners win because they get better recoveries so everyone wins.
And gold is up too. Great.
0.3 first target. Gla

A great Christmas all.

I leave you with a pre Christmas message from Richard Poulden regarding how he will fund the expansion.
At 17 mins 30 seconds
https://www.sharesmagazine.co.uk/video/richard-odell-poulden-wishbone-gold-wsbn

Well you better watch the presentation then because RP said so and explained why.
You need to do some research fella

I may report that post to the FCA for being misleading skier
It’s in the public domain who may pay for it

Skier- They are in talks with a Middle East mining services company to pay for its
I have done my research but it’s obvious you have not.
Idiot

Yep- not taking the bait. Ignored.
Atb

Just a heads up. I have a stalker on twitter that has set up an account @sir_eyeguy.
That isn’t me and he seems to be mocking infa now with his latest tweet. Not sure what his problem is.

Merry Christmas to all

I added over many weeks myself. I managed to get some in the 0.08’s was my Best Buy.
Got lots of abuse on twitter for being only 20% up in a few weeks like that’s bad?
Morons

Thanks bonker.
For anyone who has been doing shares for a while knows bonkers charts are decent.
A lot of lse pond life quote inaccurate charts to manipulate the market- imo.

A nice plug for you the pal
Atb

Woody- the short term movement is down to the supply of stock.
Ie there is now an oversupply at 0.10p from the placing but that has mostly gone.
Fair value for me is much higher up so I’ll hold and add.
Took some stick from some numpties on twitter again about this retracing.
Unfortunately aim and everything around it is a cesspit. I think this will be doing well over next few weeks.
It’s only £300k. Not the end of the world. Whether you like align or not they have predicted 4x revenue for 2019 and reverse integration margins are 8-10 fold. Sp is at all time lows and production has started in Honduras.
Something has got to give.

In the gold trading, the website is here. Wsbn own blacksand fze
https://black-sand.net/precious-metaltrading

Afternoon bonker. Hope you are well pal.
Don’t suppose you have a chart you can post.
Always liked your charts mate

To explain the last point for every buy there has to be a sell. It is a market similar to selling anything like bananas.
The price is largely determined by what someone is willing to sell at, at a particular time. So for example if someone who took placing stock wants to make 10%, they will be selling at 0.11 and likely the buyers will pay say 0.115 and the mms make the difference. If you placed an order for £50k then you would need a £50k seller to service the order.
But it’s different when the placing shares have gone because you wouldn’t be able to buy that amount. Hence in this case I’ll add against the placing sells as I think the fundamentals make this too cheap. The sp is a result of the selling of placing stock and not fair value imo.

Woody. Forward selling means selling the shares before they get them - paying commission if a private client.
Then the difference is pocketed between placing price and sell price minus costs.
There probably isn’t many shares left. It was only £300k.
There will be warrants strikes too which again likely forward sold but that brings in extra working capital.
Unless you are a day trader which I am not really , im focussed on the fundamentals rather than what is happening each hour.

1. RP has stated on the presentation he has put in £1.4 million.
2 .Look at the presentations to see progress
3. Discount to spot is circa 10-15%
4. That's a subjective judgment. The margins from reverse integration are 8-10 x that of just the gold trading so should make a big difference.dyor

a watch at 17 mins 30 second. Issue for expansion is funding. They are in talks with mining service co in middle east to fund this:
https://www.sharesmagazine.co.uk/video/richard-odell-poulden-wishbone-gold-wsbn