Member Info for NettlesTheCat

I mentioned to the member NEWS a few weeks ago that the desire to get to Hole 2 quickly 'could' suggest assay of Hole 1 not being as great as expected (although verified independently). This isn't to say the digs are dire, just pointing out that they've played it very well to get the new issue at the inflated price to ten use that cash t o dig closer to the dome.

I'm still 100% behind WSBN, but I feel assay of Hole 1 and Hole 2, maybe less than expected but they are playing it right.

Get the funds, and dig closer to the dome.

I hope so - great entry at 1.25 for me (could have done 0.90 and told myself to wait but hey ho!).

Crystal balls are awesome - problem is, nobody has one, which is why faith in LTH is usuallyy the best approach.

Sit and wait based on the original reason you got into this share. 👍

I think we all expect/want the results we are due simply for the 15km away from the core that gave Greatland their increase, but time will tell.

I do agree with you, and that's why I'm 90% in on my pawtfolio (yes, I'm a cat) to suggest what you (and Casper) are posting now will be looked back on in years to come when people consider entering at £1-£2sp.

Happened with RR and will happen here. Golden opportunity to buy as much as you physically can at this point.

It would be a massive shame if the desire to post on here is due to lies and misinformation. So let's give OTM the opportunity to say what his/her average is.

I've been very clear mine is 1.67, not holding anything close to 1.5m shares.

We all saw you state £11. I stated £12 8 months ago for December 2025. At least be man enough to acknowledge your failings.

That's a big holding OneToMany, more than I have - but I got in cheap at 1.69 so I'm more than happy at this moment in time.

Can I ask what your average is?

We're with a company that suggest they are worthy of current SP based on their purchase of Bitcoin, and so they hope their SP will rise in line with bitcoin moving up. I could have done that. 😀

Hell, when my friend bought 1 bitcoin at £44k, I should have invested in him. This stock is dire and nothing more than a punt.

I hope all investors here hold small holdings, like I do.

"£1 per share???? Hahaha, stop being ridiculous."

Why? I'm not going to go over the value of the sector here but £1 sp equates to about a 500 Mcap. That is very small the true value of a fully patented product with a 20 year licence in this sector.

True value of the P140 is about £2bln MCap - so true SP value should be around the £4 mark once all agreed.

I'm struggling to see how you laugh at £1 sp?

I always use my friend: https://companiesmarketcap.com/gbp/ in these instances.

Way back when RR was 34p RI, it was massively displaced hence my call for £7 come Feb 2025 and even £12 come December 2025.

But if I look at it now, RR is sitting above UBS which is little uncomfortable for me. Just below UPC Pfizer.

Mcap at 100bln is more than justified in my humble opinion, but do your own analysis of course 👍

UBS have always been kind to RR in terms of potential credit rating BUT, the increase to current SP has incorporated both SMR and Narrow Body announcement, both will not see nay influence of the balance sheet until 2030.

Therefore, the SP is somewhat inflated (in my view) and although it will gain to £12 come December, it will suffer a downturn on the Feb results.

It might be worth considering a different path SF. Your punts of GTS and RKH haven't worked whilst my dingy ship that sailed away from Captain Svends main ship of RR have gained 108% in the last few months. Not here to brag or boast, but maybe it's time to understand you DON'T have to invest in shares you are only allowed to due to being in that particular industry? I'm never mined in my life but I'm doing rather well.

Sorry, I meant SF. I called you SP due to my instant thoughts of SharePliers (someone who trys to adjust their commitment and thoughts on a daily basis). 😂

"This won’t be £8 unless we see a serious world event."

I totally respect your opinion SP (to the same degree I respect your opinion on GST and RKH) 😂

This stock is loading with 'what's to come' and without a core balance sheet, it will get back to true value.

2030, it's a £15/£20 stock, we may agree on that. But the interim of Q1 results will show no increase in what investors have invested in.

"Happy to keep building slowly though personally."

I quite agree - got in at 1.25 and will continue to buy at certain drops in the future but this is way below par at the moment. I'f I finish with a 5p average in the next few weeks, I'll consider myself lucky.

Howezap, great post mate.

That's my thoughts exactly.

Again, Hainan took 14% of KOD PLC and 51% of KMUK (the mining KOD are doing at the Bougouni Lithium Mine) by putting 100m into it with a guaranteed 100% take-off for 3-5 years.

I'm not suggesting when to sell, but £12 come December is happening (as I suggested months ago - look at me, I'm awesome! 🤩 not!).

Feb results are the turning point. Can they substantiate the increases from RR SMR Ltd and voices of narrow body re-entry that will take years (2030) to effect the balance sheet, OR will holders hold off for a while and let the share get back to true vale of around £8-£9 SP?

That's the question.

Great post Casper.

May I return my thoughts? I've never been one for MMs suggesting mid/long term movement. I've been in shares long enough to know the daily ups and downs certainly happen due to MMs. I had a 'friend' on here (well RR) that had stop loss that got closed just before the share gained massively minutes later. That's what MMs do. They get rid of chaff to then get the shares the market needs. This was a huge amount by the way, but that's why I don't operate stop losses. No need if you are a LTH.

Your take of the take-off is interesting. You don't mention the possibility of a joint venture for mining that would involve those supporting the mining being the majority take-off recipient. You suggest it's a 'go alone' for WSBN to mine and then store and offer take-off to highest bidder? Am I wrong in that?

I feel that's the next key decision that needs to be made that will effect the SP; if WSBN partner with a bigger body to fund the mining that want a big percentage (if not all) of the gains from the Red Setter mine, then the SP is reduced to expectation of the 5 year (usually 5 year) license to take 100%.

If WSBN are able to mine and then offer take-off to the highest bidder, then it's a different matter.

Again, my humble opinion for a 46m MCap is that someone will enter pre assay of hole 2 and take a big holding in WSBN to allow them exclusivity on take-off.

I could be very wrong.

And as someone recently posted The_Linns, gold price is way up on what was the first shipment from Havieron.

That's a big key for me.

I think we all agree that 44k tonne will take a while, but it's at least moving.

Continued drilling may result in storage of around 44k tonne (more or less) at any given time before a common ground of delivery to port is recognised, but then the stock will diminish and Hainan will be chasing the KMUK for more Spod to continue the shipment.

Funny how people are negative with a 100% take-off (95% payment at port) with a lithium company that is only 62mcap.

Do you think they'll still be posting in months to come? 😂