RE: Target 20p π₯17 Nov 2025 16:49
Tungsten prices are surging to all-time highs, driven by tightening Chinese export controls and rapidly growing demand fueled by rising global defence budgets. As one of the worldβs most critical strategic materials - and with China dominating supply -tungsten remains extremely scarce outside a handful of non-Chinese mines.
SMLβs resource base is also expected to increase significantly, supported by greater tonnage, higher grades, and valuable by-product credits in tin, copper, and silver.
In addition, SML has unparalleled access to the complete Duchy of Cornwall archives - an extraordinary repository of historical geological records that likely contains untapped exploration potential.
Altogether, the upside here is collosal - once in a life time opportunity.