Member Info for No1plasterer

Hold for gold , liberally.

This isn't really a share that you should try and trade though especially day trade, I think 1 month from now it will be a lot higher than it is if anyone can manage to hold it for that long.

Glad I bought more at .010 still under water though.

Should be at 1 p prior to results uk thinking 🤔

Im not sure thats very accurate but in any case we dont know for sure that they only intend to extend two holes yet because they have not provided us with a plan of what they intend to do

They aren't looking for mine development, they are looking for asset value at the moment. Developing a mine isn't even in the scope right now.

It’ll be Interesting to see what affect releasing over a billon shares has on the SP tomorrow more than doubling what on the market already.

My guess is that the SP will have a bit of a run up before close today just to drop back in the morning to almost where it is now roughly. Just my opinion

Your obviously a new investor here.

They have had continuous “working capital” raises. The majority of it has only paid there over inflated wages.

The literally more than doubled the shares on the market and haven’t given a layout of expenses or even what they intend to do. Hence your bizarre guessing at “perhaps they have further plans “ 😂 yeh perhaps or perhaps not . You don’t know, no one does or maybe they just raised more than double what they needed . In the dark once again.

1408

What’s the companies cash position at the moment then ?

And why 1.75 million pounds to extend two holes ? The most expensive hole deepening in history.

They have just used money from the raise to buy shares, its not there own money.

Thats 300,000 pounds that didn't need to be raised thats 228,000,000 extra shares that didn't need to be on the market.

Labelling every raise as "working Capital" doesn't give anyone any idea where the money is going and how its going to be spent and on what.

The companies cash position at the moment is anyones guess.

All deliberate of course.

The director has bought more shares with money that is from dilution of shares , hardly a show of commitment.

Risk free gamble for him and others.

Hopefully it goes well anyway, I am interested in this.

- The pads and collars of the key drill holes are in good condition allowing low cost re-entry

- Shallow water table identified will enable cheaper pump utilisation

- Access tracks only need minor work saving costs and time, with no heritage surveys

And the Next RNS is stating they have raised £1.75 million pounds for “working capital” after just letting us know it will be a low cost re entry 😂😂

This guy is a clown

They’ve already stated in the RNS the hopes are in good shape and water supply is convenient.

They are going to extend the existing holes.

They didn’t need £1.75 million to do that.

Https://www.tradingview.com/news/eqs:70d558539094b:0-hot-rocks-investments-plc-acquisition-of-the-smarter-web-company-plc-warrants-investment-in-supernova-metals-corp-stock-investment-in-wishbone-gold-plc/

I think EEE are a totally different kettle of fish all together with competent and dedicated people at the helm that are not only on the market to screw share holders and constantly have "working capital " raises.

They only have 689 million shares on the market over there as well .

Not really comparable with Wishbone.

The market Cap isn't 4.4 million

2.3 billion multiplied by 0.016 is 3.6 million

Iv been following EEE and could have bought in there for 1p but chose to invest here instead 🤦‍♂️

To be honest with the track record of this company I’ll be surprised if they don’t find a reason to delay drilling to just keep the funds and then when it runs out raise again for another “working capital “

Have anyone noticed a spud date hasn’t been mentioned?

It’s just an opportunistic raise.

3.5 million Australian dollars to extend pre-filled holes 😂🤦‍♂️ Jesus .

Working capital again as well. Can’t they come up with something original or more specific at least.

Yup Oh Dear is right.

Might as well forget this an right it off. Well over 2 billion shares on the market as of 17th June with no income what so ever only over paid disingenuous people ready to exploit the aim market at every opportunity.

Why did they need 1.75 million pounds??? thats 3.5 million AUD about 4 times more than needed but hay ho as long as they get t o line there pockets while all there investors that have fallen for the lies suffer.

Disgusting !!

I think it’s deliberate, not incompetence regarding admin. We are being shafted