Member Info for EyeGuy

thanks for the kind warning jimmydarko. Maybe you can elaborate and tell us where the SP is going when the Honduras plant is up and running hopefully in next few weeks which increases revenues dramatically?
Maybe as well could you comment on the margins increasing in Honduras by WSBN supplying the equipment so being further forward in the supply chain.
Many thanks ;-)

That would be good. The buy signal here is Honduras news and the lack of consolidation on the agenda of AGM.
Revenues predicted (by align) to increase by 4 fold next year with improve margins as wsbn will be at a different part of the supply chain and have more control. I think this could well be 0.3-0.4p before Christmas. Happy to have added a chunk under 0.1p and now sitting back.
So summary is predicted 4 fold increase in revenues with increased margin at a historic low sp, with the end of the death spiral finance. Lots of ducks lining up
Imo dyor

Steady rise is better than a big spike. I’ll take 20% per day but there is still a good chance of a big spike on Honduras news imo. Dyor

me neither. I think its blue skies ahead now. gla

Maxreturns- that's why folks need to do their own research of course and make their own decisions

great. spread has closed a bid chasing ask. Share sale over. Sitting back now and watching my money go up. gla

not selling a bean either. Over $35 million revenues predicted by align next year. at a $2 mill mcap. That's a 4 fold increase at historic lows. It was bound to happen this. I held this at 1p before and no reason why it cant get there even with the extra shares in issue

even Mr Winnifrth has this a 3 bagger before Christmas. Ho ho ho.
Mechanisms for the SP fall have been removed and the share sale is nearly over. dyor

ooh. 0.12 ask. up 22%

mannan. yes. read my posts. been adding under 0.1p for a while.
Honduras operations should be coming on stream by year end which should be a cash cow.
Align note has target price between 500- over 1000% increase.
Also AGM has no plans to consolidate on the agenda and they cannot place below nominal value
Gl mate

https://wishbonegold.com/18-investor-relations/shareholder-circulars/173-agm-form-of-direction-4-december-2018.html

No consolidation

Possibly

Big sell- likely holding this back. Big blue day tomorrow imo
Dyor

Personally I think in a few days it will be over 1.94p again

Hamiltonbro- is that is what they hit then 1p is very possible.
It’s about delivering now

Of you look at aligns estimated revenue for 2019 it is $34 million which is over 4x that of 2018.
Next few weeks is key. If they are hitting that with decent margins then we will all do very well.

For me, of course Dyor but bear in mind the volume against a small placing which should be cleared in next few days if not already. If that volume continues it will be a good few weeks. I’m about 15% down but I like the way this is trading

It’s artisanal mining. The hold up has been due to the license application being messed up by the other party.bindusra will be a game changer for wsbn.
Dyor

For balance I am not 100% on mr Poulden. However- and this is key, the AGM has no consolidation planned.
The nominal value of the shares is 0.1p so they cannot place below that. If they needed money they would first need to so consolidate. That is not on the agenda. I suspect the revenues are going well plus will be changed materially when Honduras comes on steam- any time.
I think this represents and good opportunity and I have been buying shares.
Buy signal is the AGM announcement and what is on the agenda
Dyor all imo
Gla

The death spiral finance has ended. Next year should be record revenues and the sp is at all time lows.
Dyor