Member Info for DoBreWotNot

APT CIF Rotterdam port now average $1800 mtu 🚀🚀

https://news.metal.com/newscontent/103772237-European-Tungsten-Prices-Continue-Upward-Trend-APT-CIF-Rotterdam-Up-136-WoW

Dictumdedicto ... given the predictions in the 'jiggle in the middle' video you helpfully shared a couple of weeks ago your suggestions could easily come to fruition & potentially be a little conservative .... 🤔

Dennis likes Tomra 🙂

https://x.com/i/status/2024591348939071695

Speculative or is it .... interesting though 🤔

https://www.earth.com/news/copper-prices-must-double-to-power-the-worlds-clean-energy-future/

Part 2 ...

TUN also recently updated their Corporate Presentation & having had a skim through a couple of points under 'Benefits for all Stakeholders' (p22) jumped off the page at me, namely;

- A gateway project which can help unlock further resources in the Southwest of England by providing mineral processing capacity & expertise

- Establishing a regional laboratory & research hub specialising in tungsten

Interesting ......

https://www.tungstenwest.com/_files/ugd/3e92e8_c49c4795d9824bbb9cfae990a87f8cb0.pdf

As we await the MRE & then onwards to PFS it won't be long before thoughts turn to mine building , if we build the mine ourselves of course. Has been discussed previously here & there was a long thread back in November regarding potential for us to utilise TUNs Processing Plant at Hemerdon. Interesting discussion with local knowledge but which ultimately floundered given none of us had knowledge of whether such capacity existed at the plant.

However TUN released an RNS earlier this week within which were the below points -

o An ore sorting facility utilising advanced particle scanning to separate recoverable, higher quality material from waste rock, reducing the amount of material required to be processed in the MPF by around 70%.

o  IPJ system to further upgrade the coarse particles feed material, further reducing the amount of coarse material needed to be processed inside the pre-existing MPF by a further 75%.

At face value that suggests to me that significant capacity may have been 'freed up', or am I reading it completely wrong ... hopefully someone who knows more about mining than me can advise.

https://www.lse.co.uk/rns/TUN/project-update-g6ukonhumh4jc31.html

Part 2 to follow

Posted on X this morning ... feels a bit 'random' unless the forerunner for further news 🤔

'To date, #MTL has undertaken project mapping, geochemistry, and geophysical surveys at the Abra tenement, while consulting extensively with the local communities. These activities have outlined two key highly prospective #copper-#gold porphyry targets, Manikbel and Donenglay'

https://x.com/i/status/2024407488292880430

T/man

I think it's reasonable to anticipate updates on the following in not too distant future as well given interest to investors ... IMVHO

- Outcome from metallurgical testworks and resource modelling, 

- Results as to whether Silver extraction is economically viable,

- PFS planning & arrangements - contracts awarded etc,

- Commencement of Infill Drilling for PFS

Dobre

Well we've had a RNS each of the last 4 Thursdays so ......

T/man

We're awaiting results from 2 more drillholes , not 1, namely last 2 holes from Drillpad 3, although they maybe reported together as were the last 2.

Mine are listed with HL ....

RogB ... well spotted ... makes the reference of drilling 'new sites' even more interesting then .... 🤔

Rog ... noted below para ... would 'new sites' cover Pad 4 or something else 🤔

'We will deliver a new drilling programme across currently permitted and new sites, providing more information about Redmoors tungsten, tin & copper resources'

Wake ... RNS of 22nd Dec below has the details re LC ... the 1st payment has been received ...

https://www.lse.co.uk/rns/SML/leigh-creek-copper-mine-call-option-exercised-fauiqiaztm6q73j.html

Viking .... if it's any consolation I also struggle to understand some of the detail re grades etc ... however SML have just posted the below on X which I think is a useful Executive Summary .... no doubt Dennis will add something later as well .. 🙂

'Latest drilling results from Redmoor reinforce confidence in the scale & continuity of mineralisation within the existing Exploration Target.'

'Momentum builds as #SML progresses toward the updated MRE🚀'

https://x.com/i/status/2021870275051036918

PFS by Spring 2027 🤔

Below from RNS 22nd Jan where clearly looking to fast track the project/PFS. Suggestion that infill drilling could commence Q1. My understanding is that a normal PFS takes 6-12 months ... fast tracked 3-6 months which suggests given the 'pace' they're moving this forward we could see PFS announced before end of 2026 ... IMHO

Keep SMiLing 😃 Dobre

'The Fundraise will significantly accelerate the Company's Redmoor Tungsten-Tin-Copper Project in Cornwall ("Redmoor") into the next phase, at an opportune time for the development of critical mineral projects.

Net proceeds will be used to fund a 16,000 metre infill drilling programme and expand the operation and project team at Redmoor. This work is expected to substantially complete all the required drilling for a prefeasibility study ("PFS"). Cornwall Resources Limited, the Company's wholly owned subsidiary, has reserved one of the drilling rigs used to complete the 2025 Redmoor drilling programme and will in due course seek to add additional rigs to support the programme, which is anticipated to commence this quarter'

An interesting read ......

'$5000 Gold Halves 21% Crash as China Cuts US Bonds, Japan Votes for Stimulus'

https://www.bullionvault.com/gold-news/gold-price-news/japan-debt-bonds-gold-silver-020920261

👍 4 months ago we were struggling to get through 0.4 😅

Getting it out on X 🙂

'More good news from Redmoor.'

'Latest drill results confirm target mineralisation in a previously untested area, which may positively impact the upcoming MRE and expand the modelled orebody.'

https://x.com/i/status/2019359328684372447

LMA ... thought same myself before posting but it does say 'stay tuned for further updates' so hopefully it's a gentle reminder as to where we were, prior to releasing progress for Nov - Jan 🤔 let's hope so anyway 🤞