Member Info for HopefulDevon

I won’t be selling as the potential upside is huge.

Though the journey Is a roller coaster.

Surely if there was a sinister reason ie bad news looming, it would be insider trading and therefore in breach of legal restrictions.?

18 months of dashed hope, nervous log on’s and silly dreams hopefully on the road to fruition. Not been an easy ride has it?

Let’s see what happens today. Been here with SP spike a few times in recent months and there does seem to be a concerted effort to keep a lid on the share price. CUSN seems to post RNS’s to keep them in the spotlight. TUNG seems to want to keep itself in the dark and SP low and bid offer at a ridiculous spread. Fingers crossed but not holding my breath.

I don't think we'll see much of increase as even though today's announcement was really positive, it doesn't say how the funding is planned or how it will affect share dilution. I would expect to see a small spike but given the spread and the MM keeping a lid on price increases I think it will bounce along as it has been doing until the funding plan is launched.

I still think that this will be taken over by one of the big boys for well below the NPV price before reopening and government won't do anything about it going into foreign ownership.

Would love to be wrong and we see the SP soar to NPV value but think it's ownership will have changed long before then.

I can’t see it rising much before the Q2 funding is announced as given the daily rises and 4.30pm drops would suggest that the SP is being severely manipulated in favour of the convertible loan holders and probably take over business.

I doubt we will ever see market price as my own gut feeling is the big players who parachuted the CEO in will want the fundraising price to be as low as possible so that the take over price, probably just before production, will be also be below fair market value.

Those lucky enough to have got in very low will make a decent return but a fraction that would have at fair market values.

I think the hole is utterly stitched up to buy at below market price and give a decent, though heavily manipulated return far below the market value, to the CL holders and bought well below market rate for one of the big boys.

Just my opinion.

Given the amount of buys going on I think a number of people are feathering their nests at an artificially low price. I’d expect this to go on until some sort of announcement and probably a round of funding at 5-8p place value. Don’t get hung up on no news

Https://www.linkedin.com/posts/tungsten-west-limited_sky-news-uncovers-the-real-impact-of-us-tariffs-activity-7308905171311296512-t97s?utm_source=share&utm_medium=member_ios&rcm=ACoAAAB5kAABb91sRY_OhWJl4Xe0ta-Vi30Xmtg

I’m not getttjnf excited over rises or falls at the moment until the Q1 announcement happens. 5-6p is probably ok for where we are. Once the FS is released and funding round announced I’d imagine an 8-12p SP will be appropriate, perhaps some speculative increases and the about 20p once production starts. Hopefully about 40p in a few years time so stop worrying about daily pump and dump and the concerted effort of a few external or perhaps internal sellers trying to keep a lid on the SP.

Obviously there’s a lot that can happen on the journey and the business no being deliberately sunk for a few private phoenix investors to pick up the pieces, or a take over or something else.

@gingy I would park the daily emotional investment and enjoy the rest of life until this either goes down or makes you a few bob. Your health will thank you for it lol

There seems to have been a daily effort to keep the share price to £3 or so convertible loan price, be interesting to see if they can keep or will try to keep a lid on it in the wake of a positive announcement.

Https://www.linkedin.com/posts/alistairstobie_tungsten-supply-crisis-threatens-defense-activity-7292546735921348623-40oh?utm_medium=ios_app&rcm=ACoAAAB5kAABb91sRY_OhWJl4Xe0ta-Vi30Xmtg&utm_source=social_share_send&utm_campaign=copy_link

I guess whomever the market maker represents doesn’t want the share price to rise.

I wonder if it will be allowed up to go once the funding for the opening is secured later this month?

We would need whichever market maker who keeps resetting the share price daily to play ball…

CFO sounding bullish and positive

https://www.linkedin.com/posts/tungsten-west-limited_spotlight-lunchtime-news-02122024-activity-7269428034921807873-LCX6?utm_source=share&utm_medium=member_ios

I read it differently, the extension of the CL are to Dec 25, the FS3 is complete this quarter and the major capital raise in early Q2??

I don’t think there is a funding issue. I think the current lenders are keeping the share price low so they can increase their holdings in Convertible debt so they can maximise their return when one of the big boys buys it whole. They are probably waiting for all the ground work to be done so they can pay 12-20p a share, the lenders will have paid 3-4p or less per share so will make a return.

I don’t think we’ll see TW share price soar as it won’t remain a free company but we should get a decent return when it’s swallowed up.

The investors happy, purchasers happy and once again a prize British asset snapped up under the radar as one incompetent government has replaced another.

Nothing on linked in for a few weeks. CFO has shared a few posts highlighting what Government should be doing and conferences etc but nothing directly to goings on at the mine.

FP3 should be out in the next month I’d imagine.

Also be interesting to see if out 4.29pm share seller who brings the days gain back to zero will be working hard in the lead up. Shares up slightly over the Christmas

Hoping that after the AGM and spotlight on the mining industry the future will be a little clearer and this will have a positive effect on the share price. We’re due some good news at some stage after months of misery and disappointment

Looks like it’s been corrected now @croissant… sigh of relief or just postponement of the inevitable? To be honest I though at one stage I’d make 6 figures if the SP went back to where it was though now I’d be happy with just a decent profit

Doesn’t look like we’ll lose but doesn’t look like we’ll be able to retire either