Member Info for hamiltonbro

A lot of WSBN rns have come during the trading day so could arrive at anytime.

Chart looks good for 0.3p short term imho.

Nai/DYOR

0.3p is just my initial target. I don’t see why this can’t hit 3p if they hit their targets. Nai/DYOR

As long as it’s sub 0.15p as this will be 0.3p minimum by year end imo. Nai/DYOR

5% of total shares traded so far today. Bet there will be a big delayed sell showing after the market closes and the overhang will then be cleared. Blue skies ahead imo. Don’t know why anyone would sell down here. Nai/DYOR

If the Align figures are right and revenues/sales continue to grow it isn’t beyond reality that you could be getting whatever you put in at 0.1p as a future dividend every year imho. EPS of 0.1p next year puts these in a forward PE of 1 ! Nai/DYOR

Might pick up on the figures and if they do then anything could happen. Turnover/sales of $34m rising to $78m on margins of 8-10% is EPS of the sp currently meaning a forward PE of 1 which should be 10. 10 bagger ? Nai/DYOR

A few have said they can’t buy many shares online now ? What are the limits ? Remember there is meant to be news before Xmas also. Nai/DYOR

Should be cleared as there’s lots of volume now. Really don’t see any downside from here to be honest. Nai/DYOR

Rise hasn’t even started for me. Could be making this market cap in profits next year. 10 x bagger as per Align note is a serious proposition ! Nai/DYOR

First target 0.3p Nai/DYOR

Page 4 https://wishbonegold.com/images/2018/Wishbone-Gold-Presentation-Oct-2018-1.0.pdf “ Margins move up to 8-10% with reverse integration “ !!!!! Profits of multiples of the current market cap ! People waking up I think. Nai/DYOR

Page 2

http://www.alignresearch.co.uk/wp-content/uploads/2018/11/Wishbone_Gold_Align_Update_Nov_2018.pdf

They state turnover/sales could be $78m in 2020. That is £61m.

8-10% margin (RP spoke about in presentation and is on the one available on company website) on that is £4.8 - £6.1m.

WSBN remember are capped at just £2m !!!

If they hit those figures on a PE of 10 you’d be looking at a market cap of £48 - £61m !!

Looks like a big seller cleared today also which is good.

Potential 25-30 x bag but I’ll play it safe and say it’s a 10 x bagger candidate !

Nai/DYOR

In the presentation RP talks about profit margins of 8-10%. That would mean a net profit of around $3.4m for 2019 which is one month away.

That’s why Align think that this could be on a forward or of 1. That is obscene and we could genuinely see a 10 x bagger here and the figures are there to support that !

Nai/DYOR

Said to expect news before Xmas so not long now !

0.1p is bargain imho.

Nai/DYOR

Anyone believing in V and W shaped recovery charts have a look Arvada WSBN since it listed.

It was 3p and went from down here to over 1p in 2016. Now it’s down here again I wonder if we will see that recovery pointing at 3p.

Don’t take my word for it. Have a look yourselves.

Nai/DYOR

They’ll publish it later to make it look like a sell. That just heightens my suspicions that they have no shares down here if they are reverting to those tactics !

Nai/DYOR

Also states in the presentation that he has invested around £1.4m into WSBN.

He owns around 25% of the company so he would need a share price of 0.25p just to get his money back. I’m sure he wants multiples of that.

Nai/DYOR

Skip to 17 mins 30 secs and RP answers a question on how they will fund this.

www.sharesmagazine.co.uk/video/richard-odell-poulden-wishbone-gold-wsbn

He says they are speaking to “Middle East Mining services Companies” !!!

Nai/DYOR

Great point that eyeguy. Didn’t RP mention in the shares presentation funding didn’t have to come via share placing ? He mentioned debt.

Nai/DYOR

That one is showing on mine.

Worth watching this:

www.sharesmagazine.co.uk/video/richard-odell-poulden-wishbone-gold-wsbn

And reading this:

www.wishbonegold.com/images/2018/Wishbone-Gold-Presentation-Oct-2018-1.0.pdf

One of the main reasons the sp is down here is because of a death spiral funding agreement they had with RiverFort which is now gone. Bit similar to CHAL’s death spiral. CHAL today demonstrates how quickly these types of companies can turn around.

Nai/DYOR