Member Info for SeagullsFan

Not long to wait now - maximum of 2 weeks until we hear something.
My own expectations are low, but that’s because it’s the hope that kills ya! :).

As long as they can get some kind of deal over the line, if that allows a platform to build on over the next few years it’s a start.

@MarcoArco

Not a ramper - just a long term holder and I still hold (over 10m shares).
I will admit that I am very angered by the RNS and am seriously contemplating going to the AGM. However. It’s only worth going if there are other large holders who plan to go.

This needs explaining in more detail, as what is currently being proposed is not good for existing PIs. No plans to sell at these prices, but I am less confident in the directors ability to execute their plans. I like the business model, but there are too many failed promises,

They need to deliver the lithium plant on-line soon and get the agreements signed. It’s been a year of delays which I don’t think can all be laid at the door of ‘other parties’.

I’m a large holder here and sat on a substantial loss (which I’ve written off in my head anyway).

I do hope that they can pull a deal off, and I’m sure they are working hard to achieve that.

What the effect will be on the SP is clearly unknown. I’d be happy (relative term I know) to get som 0.3p from here initially and then see if they can build up to maybe 0.5p/1p over the next 1-2 years. I’d still be in the red, but it would be a big step forward.

Not too long to wait from here though. Maybe 5 weeks and we’ll get a clear statement.

Being honest, I’d take a bagger from here and the potential to start growth lol.

Anything more than that would be astounding.

Sounds optimistic to me.
I guess those posters earlier who were saying “pump and dump” wanted more shares available.

So news is incoming then it would seem. RTO????

They’re issued by the stock exchange not the company though.

Any ideas why to Price Monitoring RNS has been issued?
Surely with the rise it should have been triggered by now.

Just ticked up to 0.17/0.18.

Something must be brewing.

@AHinvestments

Where - I’ve seen nothing about ADV?

@mcadder

To get a pump going, people need to be pumping it, to get investors to buy in.
There is no pump as far as I can see.
Where’s all of the twitter accounts/posters saying stuff to get people to buy?

Clue - there aren’t any.

@SI
Yep, I don’t think I’ll ever get back my original investment, but if I can recoup some losses over the next few years it’ll be good.
Patience will pay off I hope - and the downside from this point, or where it was, is negligible really.

“Pump and dump” - really, based on what.

Where’s this “pumping” going on?
No-one knows why it’s risen, so there is no “pump”. Jeez.

I’d say more likely it’s leaky

This share is still just so far under the radar IMO.
The business case is clear and the projected revenues will be superb. IMO, the delays have undermined confidence and, with the general economic conditions right now, people will have less funds to be investing.

Looks like my target of 8-10p by year-end won’t happen unless some great news flow happens and sentiment changes. But I’ll be holding for long-term gains.

The important thing to me is that DL is confident to take shares for the sale to WSBN and not cash.

If he felt the land was useless, he’d take cash and run.

Other companies were bidding too, so it would appear clear that there is a degree of optimism in this chunk of land.

Exciting times for the rest of the year, that’s for sure.

Seems a decent uptick today.
About time.

Most investors in WSBN will be aware if the warrants and also, the fact that there is only a small number of shares in issue. Even factoring the potential warrants, the number of shares in issue is still very low when compared to companies likes GGP.

The 3.3p warrants will of course be triggered (be a fool not to), but this doesn’t mean that the SP will be impacted. The drilling campaign and potential from positive results will drive this much higher. If this gets ramped up, then all existing holder will have the ability to sell at higher prices, not just the warrant holders. There can’t be many (if any) existing holders who are still showing a loss on their average SP.

We’re a roughly £20m mcap company, with larger potential areas than GGP, 100% owned by WSBN and they hit over £1b. A few extra shares issues (which will bring in additional funds to cover on-going exploration anyway) will not be material.

Asking questions is fine - but having the ability to see the other side would stop the accusations of being a re-ramper.

Been a long-term investor here (well, last year with an average about 15p).
Been patiently waiting for things to happen, and can see this moving much higher over the next few weeks.

Mcap is still tiny - forget the SP, it’s down to the number of shares. Once we get the assay results, we’re going to much, much higher. Many multiples IMO.

My 15p average will look soooooo cheap then.

Excellent interview. Just goes to show the scale of potential here.

Excellent news. Let’s see more momentum in that SP now.

There will be lots of assay results to come here over the next few months. SP is so cheap right now especially after the encouraging RNS of the current drilling.