WC8 - Wildcat Resources

[Dona Ferentes]

now 85c .. likely to reume down .
.
trading halt immediately for the purposes of considering, planning and executing a capital raising of approximately A$80 million via the issue of approximately 105.26 million new fully paid ordinary shares in the Company at A$0.76 per share. The Company has the ability to accept oversubscriptions of up to an additional A$20 million at its absolute discretion.

 

[TimeISmoney]

Hopefully, they have some more good news with the rest of the assays.

 

[Dona Ferentes]

Chris Ellison has continued his lithium spending spree, pumping more than $19 million into Wildcat Resources on Thursday as it raised $100 million.

Wildcat sets its sights on $80 million through an institutional placement at 76¢, but ended up at $100 million.

 

[Dona Ferentes]

Back to basics with the 3 R's coming in to play ... a RUMOUR, a RUN and a RAISE
.
back to 80c,

.
Wildcat will use Placement proceeds for:
- Exploration, drilling, resource evaluation, and business development at its Tabba Tabba Lithium Project in WA;
- Permitting and project development studies (mining, baseline and heritage) at the Tabba Tabba Lithium Project;
- Continued exploration at the Bolt Cutter Lithium Project in WA, the Mt Adrah Gold Project in NSW, and other exploration projects; and
- General working capital (including costs of the Placement) and corporate costs.

 

[farmerge]

Back to basics with the 3 R's coming in to play ... a RUMOUR, a RUN and a RAISE
.
back to 80c,
View attachment 165524
.
Wildcat will use Placement proceeds for:
- Exploration, drilling, resource evaluation, and business development at its Tabba Tabba Lithium Project in WA;
- Permitting and project development studies (mining, baseline and heritage) at the Tabba Tabba Lithium Project;
- Continued exploration at the Bolt Cutter Lithium Project in WA, the Mt Adrah Gold Project in NSW, and other exploration projects; and
- General working capital (including costs of the Placement) and corporate costs.

Pleasantly surprised to see WC8 get to close at 80c, as I do have a smallish holding.

 

[TimeISmoney]

There's going to be a roller coaster ride with this stock I think, and the playout in management challanges might be interesting in the future.

If it takes off in Australia it's going to be a good money earner, it's only early days in my opinion because of the limited knowledge of the cost in processes of getting it from spodumene to a battery grade lithium.



Joe Lowry has some good insights on lithium mining, I wouldn't take it all as gospel as he has some self interests.

 

[farmerge]

There's going to be a roller coaster ride with this stock I think, and the playout in management challanges might be interesting in the future.

If it takes off in Australia it's going to be a good money earner, it's only early days in my opinion because of the limited knowledge of the cost in processes of getting it from spodumene to a battery grade lithium.



Joe Lowry has some good insights on lithium mining, I wouldn't take it all as gospel as he has some self interests.

Hoping the SP will find the strength to crawl back up to near or at $1 !!!!!!

 

[TimeISmoney]

Hoping the SP will find the strength to crawl back up to near or at $1 !!!!!!

The shorters have moved in like a seagull after a chip, but I've been watching order quotes for the last few days and the buyers have been outstripping the sellers which is a good sign.

Most people in the lithium industry see a positive future, and with all this push with greenwashing I can't see an oversupply being a problem for the long term.

 

[farmerge]

The shorters have moved in like a seagull after a chip, but I've been watching order quotes for the last few days and the buyers have been outstripping the sellers which is a good sign.

Most people in the lithium industry see a positive future, and with all this push with greenwashing I can't see an oversupply being a problem for the long term.

And throw the Mining Queen into the mix. Perhaps she wants to become the Lithium Queen also.

 

[TimeISmoney]

And throw the Mining Queen into the mix. Perhaps she wants to become the Lithium Queen also.

I'm still trying to work out whether GR is the dragon or the dragonslayer .

I guess if it wasn't her it would have been someone else, maybe the likes of Chris Ellison?

I also hold Liontown and it's been a wild ride for the past few weeks.

 

[farmerge]

I'm still trying to work out whether GR is the dragon or the dragonslayer .

I guess if it wasn't her it would have been someone else, maybe the likes of Chris Ellison?

I also hold Liontown and it's been a wild ride for the past few weeks.

Where's the fly on the boardroom wall when it's needed.????

 

[farmerge]

WC8 My small holding in this mod is finding some legs today. Moving steadily well I hope so

 

[TimeISmoney]

Yesss! We're hitting another run.

 

[farmerge]

Yesss! We're hitting another run.

View attachment 166003

View attachment 166002

And hit .905 let it keep rising

 

[Dona Ferentes]

And hit .905 let it keep rising

rampant ramping, and what happens?

last 2 days ..... has seen 90.5c come and go at 2pm, then return for another go this morning before slip sliding away

 

[farmerge]

rampant ramping, and what happens?

last 2 days ..... has seen 90.5c come and go at 2pm, then return for another go this morning before slip sliding away
View attachment 166063

Shoulda, coulda but didn't move WC8 on for a small profit at 0.91c.

 

[farmerge]

Perhaps today being labelled Black Friday (which annoys the hell out of me) has been a good omen for WC8.
It is clamouring over broken glass and has reached 0.90c.
As the saying goes "just a little bit more" thankyou

 

[frugal.rock]

 

[Dona Ferentes]

Perhaps today being labelled Black Friday

as it's Friday, make mine a Black Label.

 

[farmerge]

View attachment 166153

View attachment 166152

Well actually a lot more thankyou