RE: Made me elicit a wry smile - top diggery DS.6 Jan 2026 11:37
NP, we could well fall to 39/40p, but let's be honest, it's not a huge move/call is it!
I'm now eagerly awaiting results of our latest round of drilling at Thomas:
"· Diamond drilling campaign to commence at the Thomas Prospect, designed to provide geological, geochemical, metallurgical and geotechnical data for ongoing development studies and MRE expansion.
· Programme comprises approximately 1,000m of drilling across 10 holes, with assay results expected in January 2026."
SB also said re early 2026:
""Following the recently announced £7 million capital raising, the Company is well funded and has set its sights on swiftly completing this next round of drilling, accelerating the metallurgical testwork programmes and moving into continuous pilot-scale testwork in early 2026 in order to deliver high-purity TiO2 product samples to potential end users and to support our ongoing engineering and economic studies.""
I do have a question...
If, as we all hope, this latest round of drilling confirms further high-grade titanium over x area, is it straightforward to potentially have the resource upgraded to measured from significant? Or are there further hurdles to get it ratified?