Member Info for addicknt

Only 11m shares have been traded, and if this site is anything to go by - which it isn't - there are more buyers than sellers.

As reported on another board, China will not be exporting any tungsten during 2026. The EU have also concluded a critical minerals trade deal with Australia which includes Tungsten.

A strange day in the broader market with investors unable to make their minds up about Trumps' latest statement, and an even stranger day here.

Are their really people out there who think the MRE will show anything other than a significant uplift? And why sell today, when you'd normally expect those who sell on news to do so either on Wednesday or first thing Thursday. Confusing, but not remotely worrying.

FTJNY, happy to be of service! Mind you, I also recommended OMI (which, unusually for me, I traded) and I know some people have been caught out by the current turbulence. So, it's a bit of a mixed bag.

Break, they won't use the current spot price, but they will use a higher figure which will have a significant impact.

HZ, interesting post. How about asking the company?

HZ, the question of dual shareholding is an interesting one.

Some companies may not like the potential for a conflict of interest, particularly those who wish to plough their own furrow. So, if the new investor really is a shareholder in both, it suggests our board aren't worried about the conflict issue and welcome the closer tie, and perhaps they too are thinking a tie-up would be a sensible strategic move.

However, I can't see it happening until our market cap is equal to, or greater than, theirs. We don't want to be the junior partner. For me, there's a great deal of logic involved in putting the two businesses together - but not yet.

Henry Maxey. He' s the boss of Ruffer, but owns a 12% stake in TUN as a personal holding.

I think someone on Telegram has posted on X a message from the company which gives a link to the Zeus update.

Muldoon, someone posted it on the BP board.

Daltry, fortunately I have no wish to trade anything today, but experience has taught me never to use their in-house brokers. They have NEVER given me a price which was any good, either buy or sell, and they're bloody rude as well.

I've just seen an announcement from them saying that only 244 customers remain without service. I don't believe them.

I bet the new private equity spivs who now own HL, sacked the only bloke who owned a screwdriver and knew how to use it.

A lot of people use HL - which is still fecked - so will not have been able to trade (assuming they only use HL). I wonder by how much more the sp would have risen had someone found a new fuse for HL's system first thing this morning?

Today's RNS was exceptional and the sp deserved to rise by more than a few fractions of a penny. It was of more significance than yesterday's news.

Anyway, what a great week it's been and next week could be equally stellar.

Wouldn't it be great if for once we could move away from our servile reliance on Chinese economic imperialism? I know it's only a drop in the ocean, but it gives me a nice warm feeling.

Covgaz, ha! Let's hope not.

In combination with a revised tungsten price, this uplift of nearly 20% in recoverability should have a massive impact on the economics of the mine.

One of the things I really like about this is that it's domestic, and provided our ridiculous government don't get in the way, this really could be a flagship project for UK PLC.

Significant increase in tungsten recovery at Redmoor. The MRE should be exciting.

It would be good to see the Subscription Agreement as there may well be a 12 month lock-in. It's a pity these are rarely made publicly available.

I'd be utterly amazed if the new investor sold any shares next week. He's quite obviously a long term holder and is not here for a quick punt. This is not one of those placings with a bunch of City spivs who've off-loaded the shares before they hit the market. In part, this explains why we've had such a favourable response from the market today.

And miners getting a serious spanking.