Member Info for Guly

Approximately 550 million shares have traded since the former directors’ holdings fell below 3%. A common rule of thumb is that around 30% of volume represents selling, which by my calculations suggests they’ve already exited. In my experience, the 30% assumption is usually fairly accurate.

It’s therefore no surprise the share price fell so sharply after peaking at 1.8p. I believe we’re likely to see an equally strong rebound now that this overhang has cleared.

There are many investors like me who prefer to build large positions in undervalued companies and hold them with strong conviction. SML still needs to appreciate by roughly 200-500% just to catch up with its lower quality peers.

As I said your opinion is just noise for me -added more today

Not much left under 1.15p now before ask jumps to 1.2p

Except you haven't bought anything back and likely never will. The long term investors will do very well - the rest is just noise.

Not much left under 1.1p - blue finish

I don't think you understand holding RNS - they notofied very late so either already done or holding the rest. Onwards and upwards.

Explains the recent drop - notification indicates they are now done. Onwards and upwards

Tungsten up just under 2% again overnight - can't wait for the updated NPV

Money will be returned if there's no prospectus. Read RNS's for goodness sake

Do peoplenot read RNS's, last para

Tiger Royalties and Investments Plc (AIM: TIG), an investment vehicle focused on incubating technology and mining projects, is pleased to announce that it has subscribed £500,000 (circa $664,945) in Satsuma Technology PLC's second secured convertible loan note round. This funding raised a total of approximately £163,660,000 (circa $217,650,000).

Satsuma Technology PLC ("Satsuma") is a company with shares trading on the Main Market of the London Stock Exchange, is headquartered in London and is focused on decentralised artificial intelligence and bitcoin treasury management.

The Loan Notes will convert into ordinary shares of £0.001 each in the capital of Satsuma at £0.01 per share subject to (a) its shareholders approving the necessary resolutions to authorise the directors to allot and issue free of pre-emption rights and (b) the publication by Satsuma of a prospectus.

We’re in a long-term commodity bull market, which historically tends to last around 7–10 years so Tungsten price rises won't stop any time soon particlarly with Chinese export controls

Huge jump in Tungsten prices overnight wow

I’m really looking forward to the updated mineral resource. With tungsten prices continuing to rise and the scale of the resource, I expect the project NPV to exceed $1 billion, which would clearly place it in Tier 1 territory, as management has hinted. On that basis, there’s no reason the company shouldn’t already be valued at a minimum of £150-200 million.

How can the results be priced in when peers sit at between £100-200m market cap. The market can be slow but will eventually close the gap. Good oportunity to build a decebt holding in the meantime.

Its just the sell on news traders - will finish blue

Bizarre drop but a great opportunity to add nontheless

They've already said we're funded but in todays update they mentioned drilling costs will be lower so all good .

Plus Leigh creek sale this month will bring in $2m

To top it off Tungsten prices up nearly 3% overnight - what a beauty

No brainer at £2m mcap - half decent drill results and this re-rates to £10m swiftly