Member Info for Warrie

Sharebel is a Trainspotter

Mm's letting their mates in again , can't buy on I.G.

A nice top up 150k shares @1.18

Turdbel has arrived as usual so,so, predictable , safe in the knowledge that the placing flippers are helping the mm's,..the idiot thinks by posting the obvious it will add creedence to his wealth of negativity, total tit springs to mind.

Placing shares being flipped for the 5% this is normal. Mm's hope people get frustrated a sell, just hold, buy in dips, simple.

I said in a previous post we may have seen some sample core images but they may have held back on revealing all the cores.l don't recall seeing that core sample in any RNS , it looks loaded!!

Wishbone trading today

# of Trades 1,458

Vol Sold 22,627,877

Vol Bought 49,905,705

and we are down 16.23%

GGP Trading today

# of Trades 1,018

Vol Sold 835,965

Vol Bought 471,692

and they were up 10.83%

Is this the placing effect?

GGPthruandthru account deleted

GGPThruandtru account active

Subtle difference in spelling the second account name is missing the "h"

Sticky kb Mattyboy? Ewww we all know why that will be.

The average times for Assay results from the Perth Lab is 2-4 weeks and at the request of a company can be speeded up.

The trolls pulling numbers out of fresh air doing what they are paid to do.

Don't you just love a good treeshake, might do a top up.

ChartaRex

So you have solid evidence that Leni is manipulating things for his own gains?, if not that could be viewed as slander.

Is Leni finding it hard to contain his excitement, are those cryptic messages on X or is he just happy the Sun is shining in Perth today?

LOTM and Bobat1234 thank you for restoring some sanity to the playground this morning.

Filtered,.. it has previously done this on another board unbelievable that L.S.E. have not handed the I.P. to the authorities

Here’s the situation:

E45/5297 → this is Wishbone Gold’s main Red Setter tenement (≈57.4 km² in the Paterson Range, near Telfer).

E45/7161, E45/7162, E45/7163 → Mining Equities has lodged new applications for small tenements that sit within the boundary of WSBN’s Red Setter licence.

Why this matters

Normally, when a granted exploration licence exists (E45/5297), overlapping applications like E45/7161–63 can’t be granted unless:

The original licence is surrendered, relinquished, or reduced, or

The new applications are for a different type of tenure (e.g., prospecting licence, miscellaneous licence) that can coexist.

It often signals tenement competition. Other explorers may believe the area has strong prospectivity and want a foothold.

For Wishbone, this highlights that the Red Setter ground is considered attractive enough that others are trying to peg within it.

Implications for WSBN shareholders

If Wishbone retains full control of E45/5297, the competing applications won’t proceed.

If parts of E45/5297 are eventually surrendered (e.g., due to WA’s relinquishment requirements), then those surrendered blocks could potentially be awarded to Mining Equities.

It’s essentially a land-tenure chess game: WSBN wants to keep the core of Red Setter, while others are circling for opportunities on the edges.

A discussion on GGP bb,... I would imagine someone is trying to stir up trouble, this inevitably happens when people who missed the train want it to stop so they can get on. This just reinforces the prospect of a big discovery at Red Setter IMO.

Mining Equities Pty Ltd filed applications for Exploration Licences 37/1599 and 37/1600, with the following details:

Both applications were received on August 8, 2025.

The locations associated with those applications are identified as “Weebo SW” and “Gilmore Well”, respectively.

There’s no mention of “Red Setter” as the target area for these licence applications.

emits.dmp.wa.gov.au

Additionally, community discussion forums feature speculative remarks, such as:

“Something is going on ... AT THE RED SETTER LICENCE ... parts of it has been applied for by Mining Equities Party Ltd.”

London South East

—but importantly, this is unverified rumor or speculation, not reflected in formal documentation.

I have reported the disruptive negative uninvested poster and filtered her.

We have certain rampers on this board that will lead you to believe this share will be £1-£5 in a year from now, the honest truth is no one knows .

Just as a bit of fun I put a target figure of £1 in 12 months through Chat GPT 5, this is what it threw back.

Relevance for WSBN

Gold’s upward momentum amplifies the environment for exploration stocks like WSBN. Any bullish movement in gold can improve investor sentiment and valuation multiples, though WSBN would still need concrete breakout news (e.g., drilling results, funding) to move significantly toward that £1/share target. But strengthening gold prices certainly help set a more favorable backdrop.

Updating chat GPT 5 with any relevant news could change that statement of course.

🔑 Milestones Toward a Greatland-Scale Valuation

1) Drill Results → High-Grade Assays

Grade & thickness: At Havieron, Greatland intercepted >2 g/t Au over 100m+ intervals early on. WSBN would need similarly eye-catching drill cores at Red Setter (or elsewhere).

Scale: Intercepts need to suggest not just “nuggety” zones but a large, continuous mineralised system.

2) Resource Definition

JORC/NI 43-101 compliant resource (inferred → indicated) is critical.

To support a billion-pound valuation, WSBN would likely need to outline several million ounces Au-equivalent (say 3–5Moz+), comparable to Havieron’s early resource statements.

3) Strategic Partnerships

Greatland’s rerating was turbo-charged by Newcrest (then Newmont) farming in.

For WSBN: a JV or farm-in with a major producer (e.g., Newmont, Rio, BHP, or a mid-tier Aussie gold player) would validate the geology and provide development funding.

4) Funding Pathway

Investors need to believe WSBN can fund ongoing drilling without crippling dilution.

Options: farm-ins, royalties, or streaming deals.

A credible multi-year exploration budget is key.

5) Permitting & Infrastructure

Location is favourable (Red Setter is close to Telfer mill & infrastructure), which is a huge plus—Greatland leveraged this proximity in its story.

WSBN would need to highlight low capex, short timeline to production potential.

6) Macro Tailwinds

Sustained strong gold price (>US$2,200/oz) is vital.

Any “gold rush” sentiment (inflation hedge, central bank demand, geopolitical stress) would magnify the upside.

📊 Scale Translation

At ~2.65bn shares in issue:

To reach £1.8bn market cap (Greatland-like) → WSBN share price ≈ 68p.

Current price ≈ 1.5p → that’s a ~45x uplift from here.

Achievable only with major discovery + institutional capital inflow.

✅ In short:

WSBN would need high-grade assays, a multi-million-ounce resource, and a major JV/development partner, all within a strong gold market, to realistically approach a Greatland-style valuation.