Member Info for Happyzone

I've just been to the Redmoor site and, disappointingly, there is no sign of a drill rig in place.

Having checked the RNS announcing the infill drill program and comparing the picture of the drill rig being delivered at the site, this does not appear to be Redmoor Road where the test drilling has been taking place. You can check this on Google Earth by comparing the RNS photo with the infrastructure shown on Google Earth.

The site has now been levelled returned to the status of a field with the only machinery viewable being a digger and a dumper where one of the original drill pads was. Any signs that related to drilling have also been removed.

Slightly confused and bemused as I had expected to see at least one drill rig in place and possibly some activity.

I guess there is the possibility that the rig has been offloaded nearby while the pads are prepped, though seems unlikely.

Thoughts?

The sun's shining, tomorrow is a Sunday and I've found myself, yet again, just a short distance from Redmoor... Shall I pop over tomorrow and see if they're drilling on the day of rest...?

I think I should.

I'll report back.

With regard to the grades, location and hardware, it makes perfect sense for TUN and SML to cooperate/JV, so I wouldn't be at all surprised if the 4.7m investor is already involved in TUN.

With regard to the grades, location and hardware, it makes perfect sense for TUN and SML to cooperate/JV, so I wouldn't be at all surprised if the 4.7m investor is already involved in TUN.

I'm back on HL now.

Not for me.... still waiting.

Complete nightmare for HL wouldn't want to be on their helpline today... Fortunately I'm airborne most of today, so unable to do anything anyway.

Anyone else having Hargreaves Lansdown login problems today? Can't login on any device. Same late night. A little annoying at such an active time..!

Quick and maybe an obvious question...

I waas under the impression that the drilling up until now was carried out by SML themselves with their equipment (only an assumption).

Why is the drilling now being contracted out to a third party?

Thoughts?

Is anyone else not seeing any RNS releases this morning...?

I assume the market is in shock following falls in Asia overnight. Hoping we're immune to this.

Agreed. The fundamentals of this share haven't changed, only the external influences. The asset value is increasing and the management appear competent. I can't think of any real negatives that would cause this share to plummet, hence my addition.

I'm starting to feel like an addict...

Well, I thought I was fully invested, but I couldn't resist at this price. Topped up again.

Tomski

Hoping you're a bit of a joker.

I've never known airline shares to go up at the start of a war, or for oil prices to come down.

Your logic seems to assume that cancelling flights, closing airports, re-routing and higher fuel costs, are all good for the share price.

Take a minute to explain your reasoning to us all, please.

Slurm, TW aren't in Cornwall....

Nice find Pies.

This is the type of reporting that we need to gain exposure. HL is a massive investment portal and this type of coverage will lead to new interested parties getting on board.

BB, agreed.

Slightly mystified at the lack of buyers here, both small and, more worringly large. I would have thought that after so many positive drilling results, this would be higher than it is, especially when compared to its peers.

Awaiting MRE now as recent RNS releases have little affect on the SP.

Muldoon!

Getting the wife involved sounds less tax efficient! You haven't seen her wardrobe and shoe stack, or at least I hope you haven't....! :) :)

Hi Ians1

Sorry, my fault, I should have mentioned that although I'm a UK citizen, I am a foreign resident and therefore not eligible to hold an ISA. That would have definitely been my first option but due to my decision to flee the UK, I've shot myself in the foot on that one! :)

JM

Also been here many, many, many years and have a chunky holding, though not 24m! It got to the point where the price was so low they weren't worth selling, so I did the opposite, took a punt and bought big time (in terms of share quantity, not necessarily worth!).

My worry, even now, let alone at 8p or 20p, is the CGT that would be payable. My only work around on this is to either sell a small tranche before the end of the tax year and/or, transfer a lump into my SIPP (up to £60k/year) for tax relief, though it's obviously then tied up and on draw down could me subject to tax.

Anyone else have any thoughts on tax efficient ways to sell a ten+ bagger...?!

Https://www.fool.co.uk/2026/02/14/1-penny-stock-to-consider-snapping-up-while-its-still-under-5p/