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This board now spends more time swatting trolls than talking about their investment, oh dear

I don't know why you are concerned about getting diluted. You've now got access to the largest liquidity pool in the whole world in an asset that is going parabolic. This will explode

Great news on funding. I'm assuming this means the accelerator will be enforced at some point in the coming month. Does that put some downward pressure as it's at 2.5p?

Wow this ceo is very impressive. Certainly knows how to get capital markets on gmets side. Look at almonty after they listed on us main markets..

This has hallmarks of a 100 bagger if you got in at 10p

Agreed, if he force liquidates his position here it will be a blood bath. He might try and time it on the next pump though. Let's see

They've also not reported the remaining drill results from the first lot. Maybe they are expecting a nice pump on those before looking at further financing.

Funded for this round of drilling but not the next round? Let's see what happens

Further drilling targets eh? Fundraising then? Except now you are raising funds below 1p instead of 2.5p. great work management team...

Updated MRE*

Clearly a large seller around. But finding a large tin deposit so close by will improve economics of this mine significantly. This is turning out to be a little golden tungsten/tin nugget! Excited to see this updated RNS

There is always one! Lol what they've done is perfectly fine. Previous results focus on tungsten, this is for tin because they see it as economically significant.

Boom!

Should be getting a resource upgrade plus tungsten price at all time highs. The multiplier effect will be unreal here. Just got to be patient and sit through the dips .....

Grades much higher here. I think we can do with a US listing to attract us capital.

With mre, no PFS yet. Grades

Plenty of warrants churning here. sit tight people, looking forward to results dropping soon.

Spot on seingred.

High grade tin significantly improves economics of the tungsten mine. All positive here. Let's see if market agrees.

People are concerned about valuation here but forget we are in abnormal times. Tungsten apt price is going up 10% a week. That means price doubles in 2 months...if this carries on in a year tungsten price will be well into the six figures!

Tungsten supply is inelastic and takes a long time for new mines to be discovered and come online.

Tungsten demand is inelastic and not that price sensitive as it is required by the government and critical component of the military.

The only way the price drops back in the short tem is if China loosens grip over night. This seems very unlikely against Trump.

In this scenario a high grade small deposit becomes very profitable and in demand. I'm sure the US gov is waiting around the corner for offtake agreements. The grade is already there, if they can prove a decent sized deposit this will be worth a billion for sure.

Once they reach PFS and have news of offtake agreements I expect it to be around 30% Npv which sits around 300m currently.

Lastly management has options at 3.5p locked in for a year, which is very well aligned with current shareholders..they are unlikely to dilute themselves under 3.5p right?

All this points to a significantly higher share price once their MRE, PFS are released. We just need to sit and be patient.

Nappy

Even if results land tomorrow the shares still could retreat, independent of what Misk has said. We've still got 67m 1p warrants and 85m 2p warrants outstanding. Those guys have yet to convert. Most of us are fully aware of the risks here. But the potential reward is so massive on the upside we can sit here for a little short term pain.

Go back to the Omi board, your shares are tanking in Canada