Member Info for hurstyJ

They've just put out a new note today?

Not a bean on 1.45p

Yay, market is trying to get in and majority of buyers are in the buy and hold camp (given the tiny valuation to GMET et all).

"All six of the completed drillholes in the programme at Redmoor have intercepted the sheeted vein system, with standout assay results having been announced already from the first drillhole."

Prices are now at $655/tonne, the demand is soaring.

Just ask yourselves why the government is funding half the capex here...

Agreed.

but Tungsten is more sought after and that's why prices are mooning.

The UK is in a very fortunate position here, it would become the number two producer globally with SML and TUN producing.

Buys at 1.3375, market is recognising the upside now imo

Okay but i've seen it so many times where it appears (in very low volume stocks too) and then an rns appears. Can i ask what apps are free, looks like I don't need to be paying transaction fees!

True but if you're printing 1 trades you will likely get a ban from your broker... and besides who really is going to pay those transaction fees every time. You would have to be a bit nuts.

They are usually red when an rns is coming. let's see, happened today!

It won't stay at £28m market cap lol

Mostly all buys (1.185s) so far

Those with patience will clean up here (and there are many by the looks of it).

Just digest how material the grades are here and that’s king. SMLs standing is one of a global position now, crazy for a company with a market cap just at £28m. Companies with just exploration assets are trading materially higher! This has a US operation too that is generating cash. A big move will take place here.

Hopefully that 1 print (usually red) means rns tomorrow!

Just added a few more, got them below 1.20 :)

SLP looking cheap still

Dennis Rowland (Director at SML) said yesterday that the UK would become the 2nd largest producer of Tungsten on getting up and running.

This web link shows you which countries are doing what, it's totally dominated by China https://www.miningvisuals.com/post/charted-tungsten-production-2024

Glad I got in yesterday!

Cheap right now but not for much longer

The world needs Tungsten so the world will need SML ahead.

Wow

Lots of buying just below 1.20p

SML is still off radar Jane. When market as a whole spots those Tungsten grades it will go banana's. The move is just starting there...