Member Info for PortfolioPower

After the last raise the SP shot up quickly to 0.27p.

If that 'test run' was anything to go by, I expect to see a much stronger rally north this time for the following reasons:

> There is now far less concern about another placing in the near term.

> Those that sold for a quick 50-100% last time will now likely hold for much bigger gains this time around as we are properly cashed up into next year now.

> Those that either missed the last run up or are on the sidelines have a window of opportunity to get in under the recent high of 0.27p for both a lower and safer entry as without fear of another placing as they have now sensibly raised sufficient cash to take the risk of another placing this year completely our of the equation

> The BOD are loading up shares this time also.

>>Drilling is about to get underway and all the updates that should follow on with keep gapping the price higher and higher over the summer as each update is released.

GLA

The company is now cashed up and funded well into next year

Rare ppportunity for everyone to be able to get in on.the ground floor now and ride this one up for some multi bagger gains throughout the remainder of this year as further placing risk has been eliminated from fhe equation for a long time.

Hit some nice grades with the drill and we will have a beauty parade of majors lined up wanting to JV.

SD has even said himself that their is more to uncover in the region ro provide feedstock for Telfer.

Going to be an action packed few months ahead here now.

GLA

Good to see a few of you guys who were loading at the sub 500p levels still long and strong

> Strategic Location: Red Setter is situated in the Paterson Range, Western Australia, a Tier-one mining district with substantial gold and copper potential still to be unlocked. Just 13km (8 miles) from the processing facilities at Telfer.

> Several Major nearby multi million oz gold discoveries in the region highlight the highly endowed nature of the regions geology.

> Strong Geological Model: Recent Advanced 3D modelling and geophysical surveys have revealed a high-quality target with a 3km strike of gold and copper, complemented by deeper structural features resembling the +26-million-ounce Telfer deposit. This suggests strong mineralization continuity and the potential for substantial resource expansion.

Market Upside & Valuation: The Paterson Range’s increasing investor focus, combined with Wishbone Gold’s competitive market position, creates an opportunity for meaningful value realization. WBSN offers a clear compelling upside potential to substantially re-rate in value as the planned program of works is anticipated to comence iminantly now that the company has secured ample funding for the proposed exploration work.

> Expert technical team. Drilling contract has been awarded to Apex Geophysics whose recent campaign of work for Empire metals (EEE) has seen in excess of a 20 x fold return for shareholders.

> Summary.

Asymmetric risk reward from the present entry with multiple exploration success stories in the region providing a yard stick measurement of future success valuations many many multiples of the present market cap.

My point is more regarding the fact we now have over £2m cash in the bank, yes way more than is needed for these first 2 drills.

So folk looking to get in this year will now need to buy in the open market as no further placings on the horizon until 2026 now.... and maybe.... never again if they hit ans then JV with GGP.

Dicko

Imo, I'm bloody glad it wasn't just £500k as all the crazies would be on here shouting for another raise in Q3.

This extra £1.75m cash + plus the recent £700k cash sees us through into 2026 imo and means that we can drill more than just the two planned holes now.

Flexible contract in place with Apex and I won't be surprised to see this drill program extended just like what happened with Apex over at EEE.

That's now a 20 x bagger off their lows.

If Apex start to prive up the dome structure

This will do more than 20 x bags as the market cap here is so low, literally nothing is priced in.

GLA

The recent site visit by helicopter, viewed the drill pads and collar conditions for two drill holes which are to be extended, and found them to be in good condition, which will allow for a cheap re-entry to the holes to deepen them with conventional diamond drilling tails to the 550m target depth into the hinge of the Dome. It was also observed that the water table was estimated at only 15m depth, which will allow for a shallow-set submersible pump to generate water for drilling.

A loader will be required for access track maintenance and clean out of drill site sumps prior to drilling activities.

Apex, whose regional centre is in Perth, W.A., have started preparation and logistics for the planned extension of the two drill holes into the main undrilled gold target at the Red Setter Dome that was identified by Expert Geophysics Limited in September 2024, and revalidated by Perth-based Southern Geoscience in April 2025.

He is already a shareholder here which I'm sure you already know.

Plenty of other shareholders who are not related parties have also taken place in the raise.

Leave it with you to figure it out

Look at the shares in issue at GGP.

I loaded up over there when they raised £4m at 2p and there was waaaay more whinging about the newly.issued stock at that time.

Within 12 months it moved from 2p to 37p.

This could move way more aggressively from here as far less shares regardless of the blatent misinformation posted by the transparent de rampers who no doubt are loading up queitly while bashing away just like they did on the last raise

I said after the last riase that the price would bag well ahead of drilling and it did.

I also said they would need to raise and they have and for a sensible amount to cover this diamond drill program.

The pads are already in place

The holes are already collared down to around 300m

These diamond drills will now drill deeper down for the first time into the dome structure recently revealed, just like when GGP extended their drills much deeper and found their higher grades hits.

All to play for from here.

The last raise in March for £700k was @ 0.10p

We are raising at a higher price which is great to see.

The last raise churned quickly then shot up from that level to 0.27p.

If that 'test run' was anything to go by, I expect to see a much stronger rally north this time for the following reasons:

A) There is now far less concern about another placing in the near term

B) Those that sold for a quick 50-100% last time may well decide to hold for much bigger gains this time around

C) Those that either missed the last run up or are on the sidelines will want in this time around regardless of any noise posted..

D) as they have now sensibly raised sufficient cash to take the risk of another placing this year completely our of the equation I think the shares will find their way into much stickier hands.

E) BOD are loading up shares also.

>>Drilling is about to get underway and all the updates that should follow on with keep gapping the price higher and higher over the summer as each update is released.

>> We are in the right post code and as much as it will make some of the more irrational GGP holders have a mini meltdown at the prospect of a JV with Wishbone Gold, if they hit anything like a mini Telfer type deposit GGP would be the natural fit to come in to parter in some kind of capacity as the main processing facility at Telfer is a mere stones throw away and has plenty spare capacity.

If they prove up the dome structure, the present m/cap will look silly.

I remember when GGP was just £5m market cap and constantly called a dog of a share for years and years.

One or two decent drill holes and all that can change.

GGP now valued at 2 billion

Long long way for the SP to run up from here.

GLA

If you are at all interested in the resources exploration sector its a no-brainer to have some exposure here now.

Speculative - yes, however look at our neighbours GGP

2billion market cap over there

So, even if we find a fraction of what they have.then 100 bagger from here doesn't sound unreasonable.

We have the same drill crew that has been working for EEE over the past couple of years and they have helped turn that from a speculation play into a genuine multi bagger.

We are in the right post code

Have the expert drill crew.

We are now funded for the rest of 2025

Lets go!!!

No worries Kev,

I shouted it up as soon as I noticed the opportunity and both shares have reacted well over the past couple of sessions.

You fellas seem to love a helium play

Have any of you take a look at MDH?

Apparently looking to move from aquis (where it gets no love) onto AIM at some stage?

KIST up over 10% yesterday

SQZ got some catching up to do now.

H2 going to see some big moves north here.

GLA

A very good article, reason being that even the left are signalling this is going to happen now, and the treasury are clearly looking to release the handbrake.

UK gov are falling over themselves to support Rolls Royce now, and no one was calling that back in 2023

When the UK Gov O&G u-turn happens, you are going to see the kind of SP moves here that RR. Has made over the past 2 years.

Very Obvious multibagger opportunity here from these levels

GLA

Https://www.theguardian.com/business/2025/jun/08/will-north-sea-oil-and-gas-industry-be-labour-next-u-turn

Even the lefties at the Guardian are calling a policy U turn is on the cards

https://www.theguardian.com/business/2025/jun/08/will-north-sea-oil-and-gas-industry-be-labour-next-u-turn

Https://www.theguardian.com/business/2025/jun/08/will-north-sea-oil-and-gas-industry-be-labour-next-u-turn

"with domestically produced oil and gas being replaced with imports from Qatar and the US, sources believe the Treasury is anxious to allow projects to move ahead to protect the more than 200,000 jobs that rely on the North Sea sector, and the billions in forecast tax revenues the industry generates.

“Within the Treasury there is a desire to interpret the manifesto commitment loosely,” a second industry source said. “If there is an existing licence related to a field which means it might not be considered a ‘greenfield’ site then perhaps an expansion of that area could be acceptable.”

The North Sea contributes £25bn in value to the UK economy each year, according to the trade group Offshore Energies UK, which is more than five times the contribution of the UK steel industry and twice the contribution of the UK car industry.

“I suspect there will be some difficult internal rows about what counts as a ‘new licence’ between DESNZ and the Treasury - but I suspect that ultimately the Treasury will win this battle, with support from No 10,” the source added".