Member Info for LOTM-13

Sorbie,

All the more reason, why WSBN shouldn't have been at the top of his tweet list of companies, but it was, very much indicating that WSBN is the main reason behind this weekends visit.

Maybe you need to look more closely at this picture, https://pbs.twimg.com/media/Gzz6C4GXIAAhUD_?format=jpg&name=large especially the last piece of core nearest the camera, the white quartz with the yellow stain to it.

LOTM

Yet another tick up !!!

Clearly something is going ................... is it the $2 per kg of Hydrogen or is it OO related, I guess we'll just have to wait & see

GLA

LOTM

Hi Sorbie,

No didn't miss that point at all.

DL is simply a consultant to WSBN, quite likely has more involvement with the other companies listed, but WSBN was put top of the list in the way he ordered them

LOTM

It seems very strange indeed for DL to be going back to Perth so soon.

I mean just think of the cost involved for WSBN for this 1 week visit, flights, hotels, food, hire cars etc etc not to mention DL's no doubt hefty hourly or daily rate.

So what's the justification for it ?

Well I simply can't see him going there if there was bad news of any kind on the way from either 25RSDD002 or 25RSDD001 can you ?

He won't be going there to get the assay results in person from 25RSDD001

He's already discussed & set-out the new forward operations plan during his last visit for Red Setter Dome (even although it is yet to be shared with shareholders), so he surely can't be going back in person in that regard & can easily be adjusted via video links etc.

He's only a consultant to WSBN, so he's definitely not there to discuss terms of a joint ventures or anything of that sort (only thing in that direction would be to go through the geology with someone considering a joint venture proposal to be submitted to WSBN in due course) but I'm pretty sure that could all be done remotely.

Expand the operation at Red Setter Dome - again can't see why that wouldn't be done remotely with both the contractors.

View the cores from 25RSDD002 .....

Now this is the only thing that personally makes a little sense to me to justify it all ...

I wouldn't expect him to be going there in person if the cores from 25RSDD002 were coming back pretty much as they were expecting them to be ie increased intensity of zones of quartz-carbonate veining and sulphides of chalcopyrite and pyrite compared to those seen in hole 1 - 25RSDD002

So my best conclusion is that they have seen some unexpected things happening in hole 2 - 25RSDD002 from the pictures & reports past on from those onsite to WSBN & that they need to be viewed in person.

I would also point out that they have purposely to date not shown us any pictures of cores coming out of the ground from hole 2 - 25RSDD002

I wonder if that's because they are much more mineralised in nature than hole 1 - 25RSDD001 with possibly clearly distinguishable CU &/or AU ?

Exciting Times

Drill Baby Drill

GLA

LOTM

The silence around Ohrid Organics is quite bizarre.

I was looking back to comments made previously, about OO being able to produce crops every 10 days & yields of over 200kg a harvest from the current 6 greenhouses etc. Yet the last update had harvest cycles at 20 days for 150kg - 160kg

I'm not sure why they haven't reached/achieved GMP certification as that was originally expected in 2024 & in the latest update all be it nearly 4 months ago the new target was the end of 2025!

The harvests should be mounting up as should the cash from those sales (Euro 225,000 per harvest on 150kg at euro 1,500 per kg which is a worst case scenario more like Euro 240,000 minimum & more likely quite a bit higher than that), more than enough for them to start funding the expansion of the facility, if HUI hold off on loan repayment in the meantime etc.

I mean if you do the maths, using lets say ball park figures of Euro 200,000 per greenhouse & Euro 200,000 for the required fixtures & fittings for it. With Harvest cycles completely on 28th June, 18th July, 9th August, 29th August & 18th Sept since the last RNS update.

Allowing for salaries, running costs etc, they should have had enough cash-flow by the 20th July to fund another Greenhouse & get that process started immediately with a goal of having it ready for use by end of August. The 31st August would see them with enough cash to fund the next Greenhouse with a live date of mid October for it. And as each new Greenhouse comes online additional cash-flow comes with it to accelerate the buildout process.

So really keen to learn what's going on & where they've got to & why.

LOTM

StockCheque,

Nice finds :)

It won't take but a few savvy investors in OMAN etc who know how there government will see/view this solution & act accordingly.

It's worth pointing out COP25 is in Brazil in November & countries need to come up with official numbers for there emissions targets for 2035 ahead of it. With it being a proven technology that should allow governments to arrive at pretty firm numbers for the number of sites they hope to have active ahead of then, rather than just guessing what unproven technologies might or might not achieve for them by that date.

I don't know if you noticed but they had the Hydrogen cost for OMAN down to under $2 per Kg in that latest RNS, rather than the $3 per kg in one not long ago, that makes a substantive change to the economics of it all.

LOTM

I would say to note the way the post was written !!

"Zero rest for the wicked! A lot going on #gold wise in Australia. I was only there a few weeks ago. Now I’m heading back on Saturday for an extremely busy and exciting week ahead. ⁦

@WishboneGoldPlc⁩ ⁦

@RinconResources⁩ ⁦

@Riversgold_Ltd⁩ ⁦

@ausstockchick"

With WSBN the 1st of the companies listed

LOTM

Hmm & now someone has just bought 500,000 at full ask, £7,500 spent!

Clearly someone knows something, or thinks that they know something about what's going on..... smoke & fire & all that

GLA

LOTM

FillToSpill,

Your question is one we need answers to & in actual fact an attentive BOD would have laid out its current future plans to its shareholders. Sadly WSBN's BOD have little interest in keeping its shareholders properly informed.

We know there is a major fault (one of at least 3 that seems to run NW/SE for much of the 12km of that section of the Red Setter Dome) How close to that fault 25RSDD002 gets we simply don't know if there is still room for another 50-75M step out in that direction, then that could be high on the list of priorities.

Or they could just go and deepen 23RSRC003A as originally planned in the meantime.

Its worth noting that they have chosen to go after the western side of the Dome hinge, whereas they data from the likes of the Telfer Domes has found mineralisation to be better on the Eastern side of the Dome!

They need to speed up the drilling process, one drill rig on single shifts simply doesn't cut, they ned at least 2 drill on double shifts.

LOTM

FillToSpill,

I like your thinking regarding the size of the drill rods in the loader, perhaps that was why they showed us a picture of the back of the loader the other day (which I currently can't find because I'm not an X or LinkedIn user) so that we could then compare it to today's photo from that same angle & see the difference !!

Casper786,

Personally I'm expecting the CU grades overall to be higher than Telfer/Haverion (maybe not in the 1st couple of holes as they learn about the deposit) I think people forget about what was seen for the 1st time in the Perth Lab photo's - the solid white quartz sections within the Breccia Pipe nearest the camera with the yellow/gold tinge to them https://pbs.twimg.com/media/Gzz6C4GXIAAhUD_?format=jpg&name=large

Again no core boxes on the ground in the latest photo's at 3:30pm!! & not sure there are any cores in the trays on the table either.

LOTM

JungleVIP,

I see you haven't missed this ones sneaky move back-up, I wonder how many others have taken note !!!!

LOTM

6 weeks ago shareholders were given the privilage of participating in the share placing at 0.54p per share, today the 3 inst's got a nice 60% discount to that price !!!

The BOD treat the company shareholders with utter contempt

LOTM

The number of shares in issue just increased by 10%, so if any of the 3 insto's have been holding on to there shares then you should start to see TR1's from at least 1 of them this time round. If you don't then you know there game is simply death spiral finance & they will just churn the shares to get as big a return on there money as they can before exercising there next tranche of Convertible Loan Notes.

You'll now see the share price drop & that in turns lowers the price that there next conversion will occur at, given the 7.5% plus 20% discount they have build in.

LOTM

HE1 Shareholders should be reporting the company's Board of Directors to their NOMAD & the FCA regarding today's announcement.

The company received the conversion notice on the 19th September & yet failed to inform the market of this material fact until now.

During which time it has issued 2 other RNS in the hope of boosting the share price & thus creating a false market in the shares knowing this convertible loan note conversion was going to take place.

Those directors have no shame whatsoever they are not fit to be running a PLC & should be removed from office forthwith.

I did point out quite a few days ago that I suspected a conversion notice would be issued on the 19th Sept, but that sadly is no consolation to the long suffering shareholders who are now getting diluted to heck.

LOTM

Hmm looks like something is going on given the size of some of those buy trades, especially given how little interest there's been in HUI for a long time now.

Could it be people in Oman close to those in the know positioning themselves for what's to come ?

Or could it be to do with OO as we must be due an update on that front with the interim report in the next few days.

GLA

LOTM

Divvyup,

Those are just BOT trades going through, they happen constantly on WSBN for example & don't usually get good prices as usually done at full bid/offer spread or higher.

LOTM

Hi FillToSpill,

"You could see the core tray which appeared to state 314m and the lid was sitting off one of the trays."

Well if you look at the column of trays in the foreground you'll see that depth of tray being on the bench isn't possible as one ends in 312.71 & the next is 317.35 https://pbs.twimg.com/media/G0jeILYXEAARl8l?format=jpg&name=4096x4096

I provided a list the other day of the approximate depth of each core tray, given there average length is roughly 4.56M.

LOTM

FillToSpill,

You might want to think about asking admin to remove your post............

Hole 2 - 25RSDD002 has been collard less than 75M away from hole its intended to be 50 -75M south west of 25RSDD001 at a depth of 550M.

There is nothing we've seen in the Expert Geophysics stuff or anything else to say that the dome is going to be much higher at a distance of 50-75M away from where it was encountered in 25RSDD001. It has also been drilled at the exact same 70 degree angle as 25RSDD001.

In fact its quite possible that it encountered the dome slightly deeper than in 25RSDD001. The target of this hole was the center of the Breccia Pipe & the "hinge". The Breccia Pipe is thought to be steeply SW or SSW dipping possibly 80-85 degrees, again suggesting it will be encountered slightly deeper than in 25RSDD001, but hopefully if it has hit the center of it, it should stay inside the Breccia Pipe for longer than hole 25RSDD001 did.

You really should spend some time reading the documents on Telfer that "news" kindly posted links to the other day.

LOTM

2 posts very late yesterday (UK time)

https://www.linkedin.com/posts/wishbone-gold-plc_small-cap-idea-greatland-and-the-new-western-activity-7375931134938865664-7KmN

https://www.linkedin.com/posts/wishbone-gold-plc_wishbone-gold-aim-wsbn-focus-on-red-setter-activity-7375948477157253120-q2za

Followed by the 1st opening 8am Auction I've seen on WSBN ........

LOTM

Casper786,

As I have written previously, the cores from hole 25RSDD002 have been stacked in 3 columns ( I thought it was 4 columns previously) 2 of which we can seen from the photo https://x.com/WishboneGoldPlc/status/1966065719029752096 ) the other is presumably off to the left of the picture. Then there is the column of 10 /11 trays behind the ones we can see & the 10 trays on the work bench.

The 2 columns we can see are not stacked in continuous order ie in length order, which is why everyone should be able to work out quite easily that there are 3 columns of trays & they have stacked the trays from left to right putting 1 tray down then working in a loop, ie left column, middle column, right column then back to left column for the 4th tray & so on.

So taking existing trays to the bench to evaluate from a single column makes no sense at all because there is a gap of around 9M between one tray in that column & the start of next tray from that same column.

The 2 trays on the bench that we can see do not appear to start with the number 3. it is very hard to make out, although I'm pretty certain the 2nd digit of the nearest of the 2 trays is either a 2 or 1 (due to the way the person writes).

Now we know they were at a depth of at least 344M from the top right tray in the picture. That's factual & they were at that depth at the end of Sept 10.

I've gone back & started from the 5th tray up on the left column in the picture ( 258.17M) & asked smart GPT-5 to plot all the tray depth from there to 500M increasing by 4.56M per tray. Which gives you the following info which I've then put in 3 column order for all to see how closely they match those in the picture.

xxx.xx 258.17 262.73

267.29 271.85 276.41

280.97 285.53 290.09

294.65 299.21 303.77

308.33 312.89 317.45

322.01 326.57 331.13

335.69 340.25 344.81

349.37 353.93 358.49

363.05 367.61 372.17

376.73 381.29 385.85

390.41 394.97 399.53

404.09 408.65 413.21

417.77 422.33 426.89

431.45 436.01 440.57

445.13 449.69 454.25

458.81 463.37 467.93

472.49 477.05 481.61

486.17 490.73 495.29

499.85

Now going by that sequence there are very few 1's or 2's until we get to the 413.21 417.77 422.33 426.89 region.

People can work out the rest for themselves, drilling started 22nd August, minimum depth by 10 Sept (20 days) 344M more likely 385M or 426M then another 12 days of drilling on top of that. Dome hinge encountered in hole 1 at 520M, (with hole 2 planed to be 50-75M south-west of it at 550M) Breccia Pipe encountered 570-722M still in mineralisation at 777M

WSBN have the visual data as do there sub-contractors on hole 2, the only ones who don't are the company shareholders, so don't be fooled.

The directors conduct is absolutely disgraceful end of story.

LOTM