Member Info for NettlesTheCat

ChartaRex, I fully understand you position now and again I apologise as I usually deal with day traders who want instant gratification.

You say 3.4p average - that is high for me, if truth be told, but I'm only talking from my perspective of a 0.39p average.

That aside, I can obviously see your frustration, but I will hopefully cheer you up with my understanding of consolidation.

In this metric, the share does need to show true value for investors, and having such a huge amount out there doesn't help (regardless of value).

When requesting a new level of investor, a share consolidation is very normal from AIM to FTSE 250 to FSTE 100, hence there being no penny shares in the top end of investment value.

Like I say, Capita did it in April and the MCap (and obviously SP) gained 75% in a matter of weeks.

I run the same rule I did with RR when I invested at 97p average (October 2020) hinting it would be £7 in Feb 2025. And you know what? It did.

Totally different from WSBN but they played it perfectly coming out of covid and they instigated buy backs to ensure the rise, not only for retail shareholders but more importantly they made themselves viable for institutional investors such as hedges and pensions that need that insurance.

I won't bang on about it here as you only need to ask my pedigree with anyone on the RR forum for those 5 years, but this stinks of the same ethic my friend.

And in that frame, in my humble opinion, it's not only a good sign, but it's exactly what needs to happen for WSBN to be in a position to trade on other indexes and also allow institutions to satisfy the insurance that is required for non duplicitous agendas that most holders often take over lesser stocks that FTSE 100 etc.

So yes, I am sorry for your 3.4p average, but only as much as it's not my 0.39p average. I feel you, all everyone else may be to something golden, life changing even, so now is not the time to change BOD.

And all the very best of luck to you ChartaRex 👍

"Institutions do NOT invest in gold companies that have NO gold, NO revenue, NO profits & NO money..!!!!!"

Simple question ChartaRex, are you suggesting there is zero gold 1.5k away from what GGP found? Are you suggesting the pre assay results of hole 1 and 2 and fraudulent and have no gold?

Honest question.

I apologise ChartaRex, I've only been here since August/September but your post peaked of instant gratification in terms of share uptake.

If you have been longer than that, then again, I apologise - but your take on it then doesn't make much sense if I'm being honest.

Surely the drill (1, 2 and now waiting for 3) in the space so close to the GGP golden nugget showing pre assay results of 'extremely promising' (and now awaiting for assay results) prove that the cusp may well and truly be there in the next few weeks/months?

Not sure a board change at this point will benefit the SP.

"Not sure if the directors can withhold the assay results until the XGM if they are already known by directors."

Yes, of course they can. Do you not feel the need for the EGM is the perfect time to voice that news? Withholding news is obviously against AIM rules, but withholding to supplement a decent EGM is perfectly normal.

Others think the EGM is meant as a bad thing - I kindly suggest, it's the best news you'll ever hear. 100-1 to get them focused on being an investment grade company? I'll go for that every time.

Simply put, this is the voice of a day trader.

I bought at 0.39 average, only a few months ago, so the company is trading at almost 3 times that without assay results.

They 'should' have no dire need to tell share holders everything as you request as they are busy on the EGM to get that consolidation.

If you chose to get rid of a board doing the right thing for a company just so you can earn a few bucks in a matter of weeks, then kindly do your thing and go away.

Any LTH will see the board are instigating an EGM 15 minutes after the AGM to get ready for what is to come - and I don;t need to point that out to you.

But please do sell, or stop moaning. One of the two suits.

I can't reply to any post as everyone seems like a pinball machine going from bad to good to worse to awesome.

Look, things are very simple as far as I am concerned. A company on the edge of doing something special will opt for a consolidation when their share volume is huge. Capita did something in April (ok, only 15 to 1) but it was for the need to make the model more attractive to investors, which I totally understand. I've been in many shares that have opted for consolidation when they need to step things up and unlike many here, my investment has always proved to be positive for the thereafter.

I'm hoping the idea of making sure your shareholding is actually divisible to the 100 to 1 is basic knowledge as any consolidation factors down, not up. So if you have 99 shares, you have zero if that makes sense?

My gut (and some knowledge) tells me they may have primary assay results and need to get prepared for opting into other share indexes, other than AIM.

So I see no downside whatsoever, other than the fretting that this board had become.

Make sure your hiding is divisible by 100 and watch the rise into the results being issued in the coming months.

Yes, there will continue to be a downs on a day (whether this be the MMs you all seem to put so much faith in, or a natural pension/hedge to sell before the drop to the get in prior to the rise).

I've seen in many times before, and although I may be massively wrong, this share is destined for the same GGP, but much greater based on gold prices and actual volume of mining that can be achieved.

We need to focus on the partnership or JV and question that when it comes . Nothing else is to worry about.

Best of luck to you all.

Nettles 🐈‍⬛

"I love watching the naive jump ship only for it to go back up LOL"

No wonder the NHS is under pressure with all this knee jerking going on - I wonder if there is a share out there based solely on replacement knees?

"Yes, this will definitely finish above 3p. FACT."

And tonights lottery numbers are?

We are coming into pantomime season I guess? 😂

Why $40 a barrel?

I like it too. Continued monthly updates, quiet, honest and no waffle.

Great mid/long term prospect.

"Free fall sp today"

Looks like that bloody gravity is playing up again today eh Chef?

Jesus - you really are totally undedicated on the subject in hand. the JNIM isn't 'affiliated', it's a cell within Al-Qaeda! And it has around 6k troops mainly based North of Bamako, so if/when, they decide to head south and obstruct primary based international infrastructure, such as the mine at Bougouni, the relevant interested countries will step in - in our case China, secondary Russia.

Wagner WAS NOT instructed by the UN to support Mali - Wagner is solely a Russian group and it was Russia (along with Turkey) who currently lead the opposition to group such as the JNIM.

Now stop posting what you are just reading about in the headlines, and do some educated research to understand the WHOLE dynamic of this situation, how it is now, and how it has always been!

Nettles out.

Yes, France was fighting the current Junta at that time (2013 onwards) - the one we are all talking about now is the JNIM that has around 6k troops.

Again, are you suggesting CHINA (and RUSSIA for that matter) are going to stand in the sidelines if the JNIM decide to head south and disrupt wider infrastructure?

Never going to happen.

"Rubbish, the Junta kicked out France and the UN and brought in terrorists Wagner. They've bailed out and now the Malian army is left holding the bags. It is inevitable as all articles say, Mali will fall. Some bloke on LSE saying it'll be OK aint gonna change it."

Don't talk about things you clearly know nothing about. France was a fighting force against the junta at the time and did well - the junta we now have is 6,000 mean facing Turkey, Russia and now China.

I'll leave it there in terms of an education as I HOPE you understand that Russia and China can (and will if needed) wipe of the current Al-Qaeda cell before you can say "Kodal Miderials is destined for £1 a share".

Honestly, the lack of education in basic modern history on these boards is astounding.

That's what she said.

Praise the lord!

A bit like Jesus then?

£7

"Almost promised my Mrs a new kitchen on the back of that RNS, but think I'll wait......" 😂

Be careful mate, she'll have enough money to trade you in for a new model by the sounds of how this is set to go. 😂