Member Info for Caird

On the rise :) big things to come - come the "Age of Critical Minerals" and "Era of Future Tech Transition Minerals."

Hi Gingy

1) Finalizing the Debt Funding Package (April – May 2026)

The company is currently in the final stages of due diligence for a US$85 million debt facility

2) Transition to Self-Performed Mining (August 2026)

terminated its contract with Hargreaves Services to move mining operations in-house, a move aimed at long-term cost control

Equipment Arrival: Following a £22.3 million deal with McHale Komatsu, the first deliveries of the new mining fleet are expected this month

Fleet Commissioning: Full commissioning of this fleet on-site is targeted for August 2026

3)First Phase Production Restart (Q3 2026)

Fines Gravity Processing: The company aims to restart the first phase of "fines gravity processing" in Q3 2026

Investor Impact: Success here represents the first physical "proof of concept" for the refurbished Mineral Processing Facility (MPF) and provides a path to early-stage cash flow.

4) Full Plant Commissioning (Q1 2027)

The final step in the roadmap is the completion of the new build infrastructure.

New Infrastructure: This includes the primary/secondary crushers and the ore sorting facility, which is designed to reduce processed waste by 70%.

analyst consensus target price is 62.20p, roughly 50% above the recent closing price of 41.50p stockopedia, personally think it will go above this.

Bottom Line: Tungsten West's original Feasibility Study was built on "conservative" figures that are now roughly 7x lower for tungsten and 30% lower for tin than current market rates. The long-term price prediction suggests that even if prices retraced by 50%, the project's margins would remain significantly higher than originally modeled

Looks like some good movement unsure why today? but steadily keeps on climbing :)

Looks like some big movements now happening Drakewood Investments (led by David Lilley) holding approximately 11.7%, CFO skin in the game, all in last few weeks, the geopolitical risk of not investing in this mine now outweighs the operational risk of building it - and demand through innovation only drives up demand for tungsten..

March 26 round - "This initial round will target immediately and soon-to-be-available rare earths, battery and defence raw materials

value chains, benefitting in particular actors in small, non-liquid markets such as for tungsten or gallium (27). The Raw Materials Mechanism will focus on suppliers from the EU, the European Economic Area, Overseas Countries and Territories, and strategic partnership countries."

Https://www.theguardian.com/world/2025/dec/03/eu-strategy-raw-materials-rare-earths-supply-chain-resourceeu Tungsten West is already named as one of the 13 non EU targets - match making formally happens in March 2026 for the targets re allocations of the €3bn https://ec.europa.eu/commission/presscorner/detail/en/ip_25_2891 & https://single-market-economy.ec.europa.eu/document/download/01c448d6-dc93-40d7-9afe-4c2af448d00c_en

Is certainly hotting up...geopolitical importance of securing supply and also our world's continuous technical advancement driving growing demand for critical minerals.. EU (i think) Wednesday is due to announce 3 bln funding to back its critical mineral strategy. Not forgetting Hemerdon mind is one of the key named strategic resources, UK and US https://www.reuters.com/world/china/slow-eu-unveil-plan-cutting-raw-materials-reliance-china-2025-11-28/

Lol they are going through structured process and not jumping to first offer, making it competative to get the best funding option, which investor will be agressive and push the rest out - too strategic given current and future needs - many are racing to do the same.

Re news - live investor event in sept, https://www.plymouthherald.co.uk/news/plymouth-news/plymouths-vast-tungsten-mine-set-10444615 "Plymouth's vast tungsten mine set to bring jobs bonanza" obviously a number of direct and lots of indirect jobs off the back of it all, in meantime china is melting tungsten in space to research advanced thermal metal alloys https://news.cgtn.com/news/2025-08-25/China-sets-record-with-3-100-C-tungsten-alloy-heating-in-space-1G7CnHwbS9O/p.html#:~:text=China's%20space%20station%20has%20set,aboard%20the%20Tianhe%20core%20module.

It was due for spring which is technically by June, however it is delayed due to so much change happening, suspect was a good think to also have the EU critical mineral strategy first, along with trade and defence. Hopefully the teams that are working on it know exactly whats required and are beavering away with view to get published shortly - am guessing will be weeks, not days from now - have been trying to find out.

Agreed National Security Strategy 2025 Published 24th June https://www.gov.uk/government/publications/national-security-strategy-2025-security-for-the-british-people-in-a-dangerous-world/national-security-strategy-2025-security-for-the-british-people-in-a-dangerous-world-html reinforces securing supply and upcoming critical minerals strategy, reads very well. Likewise with the Recent published June 2005 UK trade strategy https://assets.publishing.service.gov.uk/media/685c17d24cd6b0316870984b/uk_trade_strategy_print.pdf feels like many factors and supporting winds coming together for what is a great national asset, all while China is making it more challenging auditing and delaying exports of critical minerals and technological advancements thunder on at ever increasing pace driving up demand.

Hi PJ honest no pump and dump, not that sophisticated this end am afraid, pretty new to investing. Just keeping in touch with what i can see as mid to long term high gain investment as so many reasons across many sectors/angles why this should/will be good, including pace of technical innovation and derisking supply chain etc.

Shares issued to staff https://www.angleseymining.co.uk/issuance-of-share-options-to-directors-and-employees/ and looks like job openings linked to company in linked in https://www.linkedin.com/search/results/all/?fetchDeterministicClustersOnly=true&heroEntityKey=urn%3Ali%3Aorganization%3A4410845&keywords=anglesey%20mining%20plc&origin=RICH_QUERY_SUGGESTION&position=0&searchId=5212f077-f947-41ff-be08-3d77f0b92b23&sid=ilR&spellCorrectionEnabled=false

CEO of investment bank sending very positive posts, just know a big package is coming https://www.linkedin.com/posts/stefanmueller1_financials-presentations-tungsten-west-activity-7342465791428091905-0NsF?utm_source=share&utm_medium=member_android&rcm=ACoAAABS2Y8BDUWki75NPqakcJinGZas-mWN6aY

A good City AM article for investors, indicates that we should get the new UK critical mineral strategy soon (states this month..) https://oilprice.com/Metals/Commodities/Rethinking-the-UK-Critical-Minerals-Strategy-Funding-Gaps.html 'The UK’s limitations mean we have to focus more acutely upon our advantages – we have few natural resources bar lithium, tin and tungsten – but we do have the City and the opportunity to lead in critical mineral financing, we have great human capital and fundamentally these recent critical mineral shocks should provide the impetus for UK Plc to orient itself around one of its key advantages – as a global midstream player'

Says it all, https://www.reutersconnect.com/item/press-conference-after-a-meeting-at-the-eu-commission-headquarters-in-brussels/dGFnOnJldXRlcnMuY29tLDIwMjU6bmV3c21sX1JDMk1WRUFSQzcxNA%3D%3D?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead next the updated UK critical minerals strategy .. think we can all guess Tungsten West will be on that.

Some more detail looks promising https://www.miningweekly.com/article/tungsten-west-unveils-restart-plan-for-hemerdon-mine-2025-05-30

Timing for funding could be well aligned with new UK critical minerals strategy due later this year, my understanding is the strategy has been delayed due to latest global geopolitical shenanigans https://www.bbc.co.uk/news/articles/cdxvl3w29l1o "Minister visits mines ahead of minerals strategy"

Update https://www.lse.co.uk/rns/TUN/convertible-loan-note-update-7f73tppmcs7tcn4.html

Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, is pleased to announce that the Company has satisfied the conditions in respect Part B, for the sum of £0.9 million, of Tranche G in accordance with the terms of the Amended CLN announced on 13 January 2025. The proceeds have been received by the Company.

The proceeds of Tranche G will be used to continue work on the studies required to build a robust plan and economic model, which the Company has substantially completed. The full feasibility study, if required, will be published in Q2 2025. This will lead to a financing round in H2 2025 which will enable the Company to ramp up towards the recommencement of tungsten and tin production in H2 2026.

Corrected: Informative article, reads positive leading upto the "spring" uk gov critical minerals strategy update https://www.gov.uk/government/publications/uk-critical-minerals-midstream-and-recycling-capability-report coupled with government intentions https://www.labourtogether.uk/all-reports/refining-the-uks-critical-minerals-strategy

all feels positive, let's hope this comes together :)