Member Info for max19

Should say operations not organisations, apologies.

Well, not really expected that raise in the current price.....however overall it's seems a decent enough business, raising at above current price is very rare this days so it shows very good appetite for shares, the warrants at 2.50p also very strong signal of what it's coming, after all they will be worthless until price is well above it.....

Most important ,now we are definitely well funded for aggressive growth, loan extended, and money from diamonds and other organisations now topped up with the funds raised,.....get this big licence granted and we are finally can see this transformational year (2026) landing upon us.

Happy with today news.

GLA.

My take on the consolidation is one of the options below.....

1) very low amount of shares that will allow the company to make numerous placing in the future to keep up with aggressive drilling campaign and what could start with circa 30 millions shares in the current price could increase in time to 100 millions or even many more.....

2) the reason for the consolidation is a potential full take over or a JV with a major company that would not be interested to struck a deal with a minnow carrying billions of shares.

As an holder myself I would rather have the second of those 2 as the most rewarding option.

Guys the comparison to GGP is totally wrong for many reasons.....to start with GGP consolidation has been done ahead of a new listing on the ASX and in order to raise big money to buy Telfer mine,as result GGP turned out to be a medium size PRODUCERS and have now sustainable income which long term will maintain the cash needed to develop Haviron and much more.

Wishbone on the other hand is only a tiny Explorer (atm.....) although with huge potential, however much more money will be needed to make things happening.....very early days here this is what I am saying.

GLA.

Apologies should say chisler.

Hey chiller,

Not so sure mate,it could go slightly down first before shooting up (perfect W....)

But it can continue to climb and form a wee bit distorted W.....

Yet,overall is positive momentum IMHO.

ATB.

You are not wrong as well Latino...

I bet most felt the same after opened up the red dot.....a real anticlimax.

Having said that you can still get an intra-day addition later.....

Interesting day ahead.

The letter M shape on the share graph is completed, the W shape is forming.....

Just sit and watch.

GLA.

The herd is on it's way.....I can hear the stamping.....

Hopefully we turned the corner.

GLA.

True, and painful atm,but with this could be jumping similar percentage in a day or 2 with some decent news or even with just a sniff of it.....as it was said many times before, timing is everything, and a bit of luck won't do harm either.....

Hopefully yes.....timing is everything, I got a decent chunk on the drop this morning....looks to me the shares are oversold, but it's never easy to catch the bottom.....

GLA.

Yes, every little helps....especially after losing the funding support from AA.

HOWEVER, we will need much more going forward, a replacement JV from a wealthy and serious party.

It was systematically obvious that the SP was pushed down for few weeks towards 1p with the company keep a radio silence.....

Hopefully this trend will change momentum now the price dropped to below 1p.....

Agree it seems oversold, but we will need some positive news to bring the previous good appetite for shares back.

GLA.

True, I just scrolled over last year updates since we notified about the 2A application and couldn't not find any objections mentioned.....

Bit naughty I suppose although as already been said it was obvious there was some holdout somewhere as it was forever waiting for the licence to be granted.....

Anyway today update draws a line over that obstacle so hopefully matters will gather pace now.....assuming of course there aren't other issues we never been told about.....

Let's take today news as very positive step forward 👍

GLA.

This update today is probably for a good reason......ahead of some corporate event which will follow soon enough IMHO.

GLA

Indeed brilliant news 👏

Hopefully.now we can finally move faster to unlock the massive potential, this licence was and now is the key for the transformational year ahead.

Onwards and upwards guys.

Oppsy, should be then of course....

If a near term placing was on the cards it was done already with no need to this loan extension.....the plans are to get the current low SP to move much higher on the back of hopefully very positive news....only than a funds raise will follow....IMHO.

"What % shareholding is needed to become a supportive shareholder? Because I'm sure most shareholders would be happy to loan the company money on those terms if given the opportunity to do so."

I don't agree.....i don't think many if any will give the company unsecured loan there is a risk you end up with no interest and lose your own money.

You only get free money on the doll.....

Business is Business guys, it's still better than dilution in the current lows.

Have a nice weekend.