RE: 2nd rns7 Sep 2025 09:34
There are some rampy posts by BO in last month:
"There are always traders. And it makes sense. Why risk money you made over a weekend of potential negative news. If it starts to rise, they will be back. They may make less, but it helps them sleep at night. I’m more of a long term thinker. Find value, and hold for your price".
"Exactly. Look for value. £1m MC currently. Well known Investors onboard with far more inside knowledge than your average PI. Not unrealistic to expect a £5m MC moving forward".
"If it helps. I own 2% of the company. They will take them all, which is the first time for a good while".
Has been posting alot on Wishbone recently. No where to be seen at the start of their raise ot rise though which for being such an avid poster missed it....
Example Wishbone case study on share price.
11th jun 0.15,
11th july 0.69
dipped to 0.37 aug 14th
1.59 3rd september.
"On 11th of June Wishbone Gold Plc is pleased to announce it has raised gross proceeds of £1,750,000 at a placing price of 0.13 pence per share ("Placing Price") through the issue of 1,346,153,846 new Ordinary Shares of 0.1 pence par value each (the "New Ordinary Shares"). The Company's total issued and voting share capital up Admission will consist of 2,364,124,923 Ordinary Shares".
By maths Wishbone holders got diluted by nealry 57% dilution but post that dilution Wishbone have achieved new tenement applications, drilling commence and drilling results.
They have also been even more diluted go to a total more dilution 2.7 billion shares.
For context:
If i held 5,000,000 shares at 0.15 they be worth £7,500 on 11th June.
If i held 5,000,000 shares at 1.59 they be worth £79,500 on 3rd September. So with all that savage dilution I'd still have turned my investment into 9.43 times value.
Not bad gains for 3 months work. All i can see over at wishbone is massive dilution yet i am holding much more value? Go figure. Dilution is scary lol.
Alot of similarities between NTVO and Wishbone yet NTVO is yet to the leave the station and aim to be producing not exploring . If we consider now that those same holders from June have now been diluted something like 63% that same 5 million shares are presently worth 71k, cant see By originally holder moaning about dilution can you.
The major shareholders have no doubt looked as well as clever analysts and thought that now is actually the time to strike.