Member Info for Skippysb01

ID78 - That is of interest. Thank you. I had some fun this morning looking at how the lab does the assay testing and found it interesting.

Yeah I don't care about being a muppet.

I want to be informed on when we might get assay results. I'll stick with 6 weeks seeing as nobody can offer anything better and that is what happened last time.

Napthman1 - Understanding when assay results get published is important information for investors. Making stuff up is dangerous information for investors.

Go back to 2 years ago and have a look at the RNS's, photos of cores - including when Lenigas was showing a core around a bar, and the messaging on Twitter.. and tell me the excitement wasn't just as high then. I remember.

'are all the photos rns's etc not evidence' no they are not evidence.

Urgency is one thing. I'm not seeing a good reason to believe that Intertek offer an expedited service for assays. If they do this then I would like to know.

I genuinely want to see evidence of Intertek speeding up/fast tracking assay work. This is important information for investors. Last time it took 6 weeks.

Assuming that WSBN are using the lab in Perth as they did 2 years ago, the company running tests is Intertek.

This is a link to the page on their website re mineral assays.

https://www.intertek.com/minerals/assay/

There is a very cool video that shows the lab in action. I recommend peeps take a look.

It's Australia. It can take a long time to get cores from the site to Perth. So it makes perfect sense to get a wiggle on with the transport.

The good news is - 2 whole weeks have passed since the RNS!!

Will get more drilling news before assay results IMHO.

The exact wording in the RNS confirm they expedited the transport of the core to the lab in Perth. They did not state that they have asked the lab to expedite the lab work. Last time it took 6 weeks. There were people on here saying they would have been expedited then too.

Trust me, if WSBN had asked the lab to fast track the lab work WSMN would have said so as it is materially going to impact the SP if it's imminent.

DRANKWELL - whatever you might think of Manifesto. Your post is factually incorrect. The testing of the core is not expedited, WSBN have not said that that is expedited.

The last time WSBN sent assays to the lab in Perth they used Intertek.

https://www.intertek.com

Took 6 weeks.

This is all verifiable fact from the RNS's.

We could assume they are using Intertek but there are other options.

RNS from 18th August:

'Transport of the core to Perth to be cut and assayed will now be expedited.'

I prefer to go take my views from what it actually says - in English.

Facts are important. I'm invested but aware of the risks. lab work has not been expedited. Transport has - and I expect already done for the initial cores.

Dibs61 - It says they are expediting sending the assays to the lab in Perth. It does not say they are expediting the lab completing the work. Big difference. Is it even possible to ask the lab to expedite it's work?

The placing isnt having any impact and the shares joining the exchange tomorrow won't make any difference. A placing of less than 4% of the company isnt going to get noticed and is well within the normal volatility for this share.

The SP is down from highs because of the wait for assays results from the Perth lab. It can take months. Best guess I reckon is between 4-12 weeks for the first assay results from the breccia pipe formation. High hopes but only assay results will know.

There are some on here who think assays are imminent. They don't know and neither does anyone else. Happy for someone to provide a better estimate of when the results come out. It really is the only thing that matters.

We could get news about the offset drill 2 before we get assays from the first drill. That could contain interesting details about the mineralisation and the extent of the breccia etc. Then we will have to wait for assays for that too.

Are we not expecting drilling to start about now? Shallow diamond drilling so each drill (there will be many) will be pretty quick. It shouldn't be long before cores are on the way to the assay lab. Could be a very interesting September.

There was no resource update in the RNS of 22nd May.

We know a resource update is coming as Bo has said this. At the time he said it needs a couple of weeks after flow testing (if my memory serves me correctly). At the time he as talking about Linda flow testing. But then they decided to go quickly to Inez. So it coming after Inez flow testing and expect in September IMO.

Are you a nutter, ADW? I did the 4% math in my head. Doesn’t feel like a big impact way to bring funds in considering couldn’t proceed very far without it.

I was around the last time this company showed all the cores from Red Setter on twitter so I know the risks and know what Lenigas is.

You can go hump your conspiracy filled assets. This is just a gold exploration company trying to find a way. They all fail until they don’t and this placing was great value for the current programme of work.

The new shares are less than 4% of the company and have already been forward sold.

It certainly took a lot longer for the assay results to come back from the lab last time they sent cores from Red Setter. (Sent cores 12th October, assay results RNS was 4th December). Might have been a different lab?

Recent RNS said they were expediting sending the assays to the lab NOT asking the lab to expedite the assay testing itself. It does depend on what backlog they have at the Perth lab.

What results are you expecting tomorrow. Assays are weeks away IMHO. Do you know something different?