Member Info for bluegrass

No one believes you are altruistic. Please just give it up even if it personally amuses you. It just clogs the board with all of you bickering.

Sorry Chesh, used wrong header

You really only can go off forecasts unless you want to go down the road of guessing hypothetical price drops. Also to be fair the tightening of the tungsten market is predicted to increase over the next few years, not diminish. Don't really think that reporting a factual increase in tungsten price can be regarded as hyper ramping, its just reporting a fact. It also helps that the grades reported so far have been world class, so on a level playing field of tungsten resources that would comparatively put SML as having a better chance of being profitable.

As a genuine investor I for one like to hear positive encouraging posting. I think ramping is more in line with comments like 'I wouldn't want to be out of this over the weekend' or expecting SP to be 20p by next week. I don't think pointing out that tungsten prices are rising is a ramp, it is just pointing out a fact. You can carry on as far as I am concerned and we need something to counter the de-ramping drivel. If anyone posts negative stuff it's a red flag because you think why would you do that if you were actually invested.

I understand your point about repetitive ramping but then you come out with a subtle de-ramp yourself. ' profits from Tungsten years away'. I think most people holding here will will be hoping that the SP rises due to the resource being proved up, which will add significant value and put SML in line with it's peers. I believe that an up dated scoping study is due first quarter of 2026 and then moving to pre-feasibility. The price of tungsten is very relevant to this and not just when the mine enters production.

Nudging up into the blue. New base found. Upwards from here.

All very exiting. As the resource is proved up there is no reason why SML wouldn’t be an the radar.

Lets indeed hope we have found a new base. Not sure why anyone would now sell at this level. The technical analysis I have been reading says there is support at 1.56 and we seem to have been pushing up against this today. Looking forward to the drill results with much anticipation.

Copied from stockinvest.us which looks at the technical analysis

“The Strategic Minerals Plc stock price fell by -2.94% on the last day (Wednesday, 12th Nov 2025) from 1.70p to 1.65p. During the last trading day the stock fluctuated 16.13% from a day low at 1.55p to a day high of 1.80p. The price has risen in 6 of the last 10 days and is up by 13.79% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 34 million shares were bought and sold for approximately 56.27p million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 282.51% during the next 3 months and, with a 90% probability hold a price between 3.78p and 7.53p at the end of this 3-month period.”

Since the extremely positive updates this week on the 10th and 12th the SP seams to have consolidated a bit. I think a lot of people are now waiting for the full results from the next drill hole to give confirmation of what we have here and people are maybe worried that the results of the first drill were a one off. If the results are positive for the next hole the SP could quickly double. Every indication is that results will be positive from historical data, visuals on the drill cores to reports of hitting the full depth of the Redmoor sheet vein system. If you have invested here because of the potential I don't think now is the time to loose confidence. Results are due any day. Just a little more patience is required.

Yes see what you mean. All negative stuff.

Sorry for your experience with Wolf Minerals but that is not necessarily relevant to what is happening here. You can only base your investment on the research you have carried out into a particular company and lets stress it is important to do that research. I for one am happy to be invested here. Don't know anything about Wolf Minerals.

SP is up over 400% in 6 months and 110% in last month. Don't worry about what happens in a single day, it's the overall trajectory that matters. Rises can be unpredictable and if you are not holding you will be caught unawares. Analysis of drilling due literally any day now.

Think the de-rappers were surprised by this mornings RNS, but they’ve come out fighting. Good for them! Just wasting everyone’s time though.

That’s not how it works and you know it, even if you claim ignorance.

You have a point!

Suggest anyone worried about daily share price movements take a look at the one month chart. It's not a straight line but the direction of travel is clear. With all the news that is due this upward movement will likely continue. Would think that it is a risky time to start trading this especially as the spread is quite large. If you want to take some profit and walk away fine, but selling now and trying to buy back in lower may not be an option.

Gordon anyone who is actually a shareholder wouldn’t be trying to trash the SP from every angle they can think of. Obviously traded out yesterday and wants to buy back in at a lower price.

Dare I say a good time to take advantage and load up before the next RNS rather than sell. Results of next drill hole literally due anytime now.

Why do people repeat the de-r amper thread title !!! i.e. weak finish. There is just no need, that it what they want. It's been plus 5% all day. That is not a weak finish. Much rather this steady rise than pump and dump to suit de-ramper/ramper traders. If any of my other shares gained 5% a day I would think that brilliant. Quite happy with the rate of rise. As I said earlier if it carries on rising at the same rate it has done over the last month, for the next 2 months the SP will be 15 pence by mid January.

Sensible move Blacksheep. Safety first!