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Updated this morning ...

European Tungsten Prices Rise on Tight Supply, APT Up $150/mtu

SMM Tungsten Express] As of March 26, European tungsten prices edged higher amid tight supply. SMM data shows APT CIF Rotterdam at $2,600-3,000/mtu, averaging $2,800/mtu, up $150 from last week. Ferrotungsten Rotterdam warehouse at $310-330/kg W, averaging $320/kg W, up $5 from last week. Transactions remained limited while feedstock tightness continues to support modest upward price movement.

https://news.metal.com/newscontent/103827796-European-Tungsten-Prices-Rise-on-Tight-Supply-APT-Up-150mtu

Keep SMiLing 😃 Dobre

M_wall ...

A safe jurisdictions & in a high price commodity environment preferably ... ooh hang on ... 😃

Keep SMiLing 😃 Dobre

The 'tag team' after Octobers 1st drill result was ... RalphB, Gsent & VickyA ... surprised we haven't seen them yet .... or have we 🤔

Speak later Dennis 😃

#SML RNS BREAKDOWN:

Please register for our IMC Webinar this morning at 11am, where we will discuss in detail the results announced today.

investormeetcompany.com/strategic-mine…

Transformational day for our Redmoor #tungsten project

https://x.com/i/status/2037075297149841885

+ Zeus & SP Angel updates so 4 parts

Keep SMiLing 😃 Dobre

RMC & Valii

Other potential catalysts for Redmoor could be IMHO exploration on the Duchy land on which we have agreed rights, subject to necessary permits.

The £4.7m fund raise was a suprise given the PFS is fully funded. In the RNS Charles mentioned the surrounding area & SML have advertised to recruit more Exploration Geologists with a closing date of 31st March ..... 🤔

Keep SMiLing 😃

Did you say MRE ...

'MRE & updated economics for Redmoor this Thursday! Join us for a presentation and Q&A, Thursday, 11am GMT via @InvestorMeetCo'

Sign up for free here: shorturl.at/4CeEr

@CornwallRes #Tugsten #Tin #Copper #Silver @CIOSGoodGrowth #UKSPF #CIOSGOODGROWTH

https://x.com/i/status/2036372346806599891

You may wish to add SP Angel NPV revaluation & Investor Webinar to your list 😉

Littered .... good to hear & hope you continue to 'Keep SMiLing' 😃

Slurm ..... the 6 month chart is a thing of beauty 😍

Mac ... I follow Dennis on X & as a result of 1 recent post he had a reply that he ought to use #SML & he has been doing so since ....

Let's also remember that whilst us PI's may 'buy the rumour' the Institutions & others with deep pockets often are constrained & have to wait to 'buy the facts' .... the MRE will be the 1st release of the 'facts'. IMVHO there will be a demand for the shares ...

Keep SMiLing 😃 Dobre

In any AIM share there is always a 'sell on news brigade' & I can understand how that can work for traders.

The 1st bit of news here regarding the resource will be the MRE which dependant on the commodity prices used as part of valuation might not tell the full story.

Said release will be rapidly followed by the Webinar and revaluations from Zeus & SP Angel who may not be so constrained as the Company has to be. Given SP Angel used 'spot prices' in last revaluation the uptick could be significant IMHO. We're all different but having been here since 2017 I will certainly want to wait see the full picture as it emerges ... 🙂

So 3 days from what's likely to be transformational news & the SP has fallen, for an afternoon anyway. Orders being taken & filled perhaps .... 😉

Prop .... 🤣🤣

London ... I guess you need to decide for yourselves how you define 'let down' .... whenever I've felt unsure or nervous I've found that doing mine own research has provided personal reassurance.

Lots of predictions on here where even the most level headed, reserved & conversative ones are predicting initial fair value at 10p which could be only 3 days away.

Given we're at circa 6p that would represent a 60% rise from here .... what's not to like .... IMHO DYOR

Keep SMiLing 😃 Dobre

Forensic .... thank you for your post & yes I agree it's sensible to keep level headed & extremely tricky to try & calculate a value for post MRE at this time after all 'it will be what it'll be'.

Couple of brief points though ... will Tin really be regarded as a 'by product' given the new Tin Zone Discovery 'of scale' ... also as per the Metallurgical Study results we can include Silver for the 1st time .... of course we 'don't know what we don't know' regarding tonnage but these could provide some significant upside.

I can live with your 10p prediction for fair value for now as it's not long ago that 1p seemed 'speculative'

Keep SMiLing 😃 Dobre

RNS - 26th Feb - Redmoor - New Tin Zone Discovery of Scale Confirmed North of Redmoor SVS

https://www.lse.co.uk/rns/SML/redmoor-discovery-of-new-tin-zone-rtcnx2resooeim7.html

Apologies for any 'frivolous overzealousness' but I've always wanted to do that ...

I'll get my coat ...

Keep SMiLing 😃 Dobre

Https://x.com/i/status/2035978699502215506

Gotta love Dennis ..... he sounds as excited as we are ...🙂

Keep SMiLing 😃

Dobre

'Here we go!

Not sure we need a breakdown for this one!

See you Thursday! #SML'

https://x.com/i/status/2035978699502215506