Member Info for Multiplier7

Post by trade desk 2 weeks back…

The previous peak was about £250m. That would put the share price around 0.6/0.70.

Lithium Spodumene prices are up 72.8% YTD at $2,675/t SC6.

If Zulu performs, at 35,000–45,000 tonnes of SC6 production annually, revenues would stand at $94M–$120M. Based on operating costs of $800–$1,200/t, looking at EBITDA of $52M–$84M per annum.

On conservative P/E of 8 that's about £672m thats about 1.8p-2p

The market is forward looking. On success a lot forward upside can be priced quite quickly.

DYOR

At a market cap of less than £7m, if everything successful, what do people think, will it be a quick 15-20x rerate from here?

Big buys coming in now.

As RNS’d on the 20th April, exciting times ahead..

Plenty of news flow to come.

https://x.com/wishbonegoldplc/status/2055243101812175260?s=61&t=AzzQ5ZSn-JBC0AZW75nYQA&ct=rw-tg

Https://www.investegate.co.uk/announcement/rns/wishbone-gold-di---wsbn/red-setter-potential-analogue-to-nearby-telfer/7426615

Drilling results have shown similar to Telfer already. It’s all about the size, 4km of strike, 9000m of drilling. This could be HUGE.

Exciting times ahead.

2 drills spinning imminently, plenty of news to come.

My post from a few days ago.

Https://www.londonstockexchange.com/news-article/GGP/exploration-update-west-dome-underground/17585430



All about low grade, like Telfer this is where the big money is made. The main dome at Telfer has mined 75m tonnes for 3.1m ounces of gold!



Many have not realised the gravity of Red Setter, totally oversold. WSBN have barely scratched the surface with just a few holes. 



Just look at Telfer RNS yesterday, it’s only 6.5g/t and 1.1g/t, but that is spectacular because of the quantity not the grade. This was 1 drill hole 1.5km from the main dome. 

Red Setter is 4km of strike, only 15km away. 

If similar results to Telfer and west dome, anyone holding here is in for a spectacular ride.



LOW GRADE BULK DEPOSIT, THIS IS THE BIG PRIZE. Institutions know it, with the last 2 placing fully funded by institutions and the 1.25m buy on Friday. 



DYOR

The danger of not listening to anyone posting on these forums.

The last post from 3 months ago sums it up, calling for 320p, it’s nearly 100% up since then 🤦🏼‍♂️

A lot of these forums are taken over by FUD by the ones shorting, they are on here day in day out, as they want you to sell.

Well done to WOSG.

It’s 1 hour of trading, with small volume lmao

Come back in a month or two, and see where it is! 📈

Some big sells here.

Is some institution bailing out?

Back to 130p for starters.

Institutional funding came here and price was anchored around 130p for a while.

25 drill hole programme, should be exciting times ahead over the coming months with non stop news.

Https://www.londonstockexchange.com/news-article/GGP/exploration-update-west-dome-underground/17585430

All about low grade, like Telfer this is where the big money is made. The main dome at Telfer has mined 75m tonnes for 3.1m ounces of gold!

Many have not realised the gravity of Red Setter, totally oversold. WSBN have barely scratched the surface with just a few holes.

Just look at Telfer RNS yesterday, it’s only 6.5g/t and 1.1g/t, but that is spectacular because of the quantity not the grade. This was 1 drill hole 1.5km from the main dome.

Red Setter is 4km of strike, only 15km away.

If similar results to Telfer and west dome, anyone holding here is in for a spectacular ride.

LOW GRADE BULK DEPOSIT, THIS IS THE BIG PRIZE. Institutions know it with the last 2 placing fully funded by institutions and the 1.25m buy on Friday.

DYOR

Going to be a lot of regrets when this starts flying up

Total shares 34.4m

Share buy 1.25m

That one buy represents 3.63% of the entire company!!

Small impatient PI’s are selling

Big investors are hoovering everything up.

A 1.25m share buy has just shown up from Friday 🚀

Biggest drilling programme in Red Setter history has started, 2026 could be a monumental year.

4km strike length, right next to Telfer, how long before this reaches back to the highs of 230p and beyond.

Smart investors will accumulate down here. It will take off at some point, no doubt about it.

Exciting times. We started the reverse circulation (“RC”) drill program today at Red Setter, with drilling progressing from surface to 30m in the first hole.

The first phase of the 2026 drilling contract is for 3,500m of RC drilling. The second phase for a further 4,500m of diamond drilling targeting depths of up to 400m will start shortly.

This initial 25-hole campaign will test extensions of gold-copper mineralisation, evaluate continuity across a 4km diorite trend, enhance understanding of structural controls on mineralisation, and target zones of strongest alteration and sulphide mineralisation.

#WSBN #Gold #Copper #Mining #Pilbara #Paterson #WesternAustralia

Just need to continue loading up here at the bottom before it inevitably takes off.

We know how fast it moves.

Fully funded drill programme about to commence, largest drill programme at Red Setter to date.

We know there is gold/copper mineralisation, 4 kilometre strike length, more positive results, and we are in for a spectacular ride.

DYOR

With the massive Telfer processing facility just 15km away, with huge spare capacity, a find at Red Setter, and we will see an unprecedented rise.

Yesterday on small volume, it constantly went NT to buy. Any real volume and the rise will be fast. Free float looks very tight.

Independent contractors think Red Setter is very much like Telfer. If even a fraction of Telfer, and we would see a 20-50x. Let the drilling commence. Exciting times ahead, very unique proposition.

DYOR

Insider trading, always happens. Sad.

Those few individuals in the know have clearly been selling over the last few days, clearly now explains the big movements down, and others have been sucked in.

ATB to all that hold here.

1st drill rig to start drilling imminently

2nd drill rig on site in 3 weeks (2 weeks now)

So expect RNS any day, Apex Geoscience have started drilling at Red Setter.

From RNS 20th April:

"We are very pleased to have the RC drill rig and drilling team mobilise from Perth to Red Setter. Apex Geoscience and support teams are on site and ready for their arrival. I look forward to announcing the start of drilling at Red Setter shortly for the estimated 3,500 metres of drilling. A second drill rig, a diamond drill rig, is due on site in about 3 week's time."

What about the institutions who funded £3m+ at 130p.

And now at 30p. Would be more than 4x just to get back at that level. Crazy markets.