Member Info for PortfolioPower

Looking like we will hit 1p before the rig even starts spinning next week!

Ever since the company was recently transformed under the new corporate structure, re capitalised, new rig contracts awarded to Apex and now a massive land grab all across the Patterson range the massive interest now being shown here ahead of this summer's drill program is growing daily.

Some excellent contributions on here today.

Well done to everyone.

WSBN as the very start of the 'speculation phase' of the Lassonde curve

https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

GGP remained flying up this initial phase for well over a year before hitting a peak at 38p.

GGP are now moving from the ' institutional investment' phase into 'operating mine' phase of the Lassonde curve..

WSBN can remain firmly in the more 'racy' speculation phase where serious multi bagger gains are made by those in early for a long long time to come.

GLA

Good to see so many GGP holders in here now making multi bagger gains

WSBN firmly in the steeply rising initial phase of the lasonde curve where rapid SP appreciation can continue for extensded multi-month long rallies as ongoing exploration works are carried out.

GLA

Tick up straight out the gate

Looking strong for another move up today

For those genuinely interested in mining license process

https://ablis.business.gov.au/service/western-australia/exploration-licence-onshore-minerals-/17053

The main costs are in meeting the minimum expectations in terms of exploration activities over the initial 5 year period ahead of licence renewal and you have to be able to evidence that you have the relevant technical experience and can meet any exploration costs as they fall due.

With Newmont having recently sold down their stake in GGP

They will be looking to deploy that cash elsewhere now.

I reckon they might like the sound of getting involved in another GGP style 100 x bagger potential from a ground floor valuation.

GLA

Shouted this one to Tro, over on the 'other bb' back in May... sorry, I should have also mentioned it on here.

PortfolioPower

Posted in: 0QLN

Posts: 4,639

Price: 175.89286

No Opinion

RE: Tecan21 May 2025 14:07

Tro,

Are you still in GLEN?

Noticed a few positive articles recently

If that's the floor in April, could be the start of a slow long climb back up over the next 1-2 years

-----

Anyway, it's moved as expected since back then, potentially the start of a long grind north over the next couple of years imo.

There is an aussie podcast 'money of mine' which covered greatland a couple of months back.

Main point that they made was the need to get the drills spinning all around Telfer as the place is clearly covered in deposits just waiting to be uncovered.

They were happy that ggp has finally got a number of drills hitting the ground over the summer (the most since 2020/21)

Think they are planning an update at some stage.

Will have to ask them to provide some coverage of wishbone gold making moves right next door to Telfer.

A major coup no doubt about it.

From a GGP holder's perspective, I have to admit this is nothing short of a masterstroke by wishbone.

New applications surrounding Telfer is a huge deal in what is such a highly prospective area.

Moved some more of my GGP cash in here

This really is starting to get exciting now.

GLA

Lots if info out there on toll processing agreements.

These appear to he bespoke agreements between the counterparts given the variables involved.

Crucially there is headroom in the processing plant at Telfer to accomadating additional thruput and SD has said there is plenty more discoveries waiting to be found in the region.

GLA

Https://www.lse.co.uk/rns/WSBN/red-setter-gold-dome-pre-drill-visit-completed-epbxu15g12esi0n.html

Expect an RNS update to confirm mobilisation any day now.

WSBN do seem to like an intra day RNS!

@Josepi

I think we have both done well in the exploration sector over the years so good to see more GGP holders getting on board.

There are times to be risk on or risk off in any shares and with different reasons and expectations of risk vs reward.

For me ever since WSBN got sufficient funding to get Apex on board, and have surplus to keep drilling should they deem neccesary imo this is very much a 'risk on' play throughout the summer program of work.

GLA

Many thought Telfer had been exhausted.

Then GGP start drilling below the West dome at Telfer and have significantly increased their resource size and are looking at extensions under the main dome and east cut back.

GGP have further drilling over the coming months.

They could find another couple of million oz eqv & I hope they do. Successful drilling extensions at GGP could even add a million in extra market cap to the GGP share price if they do. So GGP SP could increase by 30%+

But if WSBN add a million extra to the the market cap here, it's going to be far far more transformational for those loading at this bargain level.

100 x bagger potential for WSBN holders

Vs

30% increase in share price at GGP from similar successful summer drill program

If you have made good money in GGP over the years it's sensible Imo to take some of those big gains from the early days and look to repeat them again.

I hold Both Companies

They are at different stages of fhe lasonde curve

They hit mineralisation in every single hole during the scout drilling program without testing the dome structure which requires diamond drills to access the neccesary depths required.

Having reviewed all the data Expert geophysics have mapped the dome structure with high confidence at depth which we will be accessing for the first time.

Expert Geophysics recently presented its findings in front of their peers at the Australian Society of

Exploration Geophysicists (“ASEG”) DISCOVER Symposium in Tasmania

So their reputation is also on the line here.

If they hit mineralisation all the way from 350m down to 600m and remaining open at depth this would probably open up with a market cap somewhere north of £150 mil with virtually no quotes available to buy for the whole of the morning session as the price just climbs higher and higher.

Good see both EEE and GGP holders loading up here now.

The APEX drill crew have been exceptional in their methodical work on the EEE discovery program and seen 30 x bagger gains over there.

APEX are now contracted to WSBN for our planned drilling at Red Setter.

Game on!!

I remember when the below GGP interview was posted up on the GGP chat when GH had just joined with PJ

https://youtu.be/XrK4oMk38sA?feature=shared

Never read so much negativity and abuse calling them all sorts of names.

Roll on to after they drilled deeper at Havieron and their market cap had gone from about £10mil to £330mil by the time of their drill hole announcements

https://youtu.be/XrK4oMk38sA?feature=shared

Within another six months they hit £1.5billiom

Amazing gains for those loading early.

GLA

Plenty of gaps to full on the way up here.

Looking strong for the next leg up.

Another tick up.

Impossible to buy in size atm

MM's ticking this up with almost every buy atm