Member Info for london_

Coffey has 94 million shares, right? Assuming he hasn't bought any more, then he would need to offload 10 million shares to drop below 3%.

I'd assume the selling is coming from elsewhere.

And here come the larger buys and the bounce back.

BIG delayed trade from yesterday there.

IMO, the SP is holding up remarkably well based on these consistent £10k-£25k + sells.

Planning news.

Metallurgical results.

Future drill confirmation and more metallurgical results.

If the SP rises towards the brokers fair value, it should be steady with each positive RNS and I'd expect a surge around a positive PFS.

I'm holding out for the PFS (trying to trade on this type of share is not my game ).

Fair value is based on all the information available currently (metallurgy results, current tungsten price used etc.)?

So technically the brokers believe the SP should be 14.9p now?

Or is the fair value based on the resource being indicated?

"On January 1, 2027, a U.S. federal procurement rule will bar Chinese, Russian, Iranian, and North Korean tungsten from key U.S. defense applications."

Has Trump's visit to China changed this at all?

On it's way up. 6p on the bid currently.

It all sounds good.

Next up anlaysis results of CRD042 and progression to multi-rig drilling.

Back to being offered 5.15 on the bid. It looks like the flash sale is over.

Is that the big selling done?

There's a big opportunity to top up at these levels.

None of the fundamentals have changed.

The share was overbought recently above 6p.

The infill drilling and anything related to grants or investment should see the SP bounce back in the next 12 months prior to the PFS.

TUN have also dropped off about 25% from their recent highs.

Very similar to SML drop off of 30% from the recent, momentary, 7p high.

Definitely some consistent big sells going through this week. Wonder who's selling?

You'd assume the SP would move towards the recent fair value if infill drilling adds confidence and the rolling average price of Tungsten remains higher + any news on planning etc.

So yes, I see the next 6 months as the goal for myself (been in since 0.8p btw, selling a small amount along the way)

Big trade there from this morning.

IMO, the SP will ebb and flow for a while.

Maybe positive infill results, or LC or Cobre might see it rise and see new levels.

Is the fair value based on the lower tungsten price AND inferred resource estimate? It's where they believe the SP should be currently.

That's doesn't take into account infill drilling (indicated resource) or current tungsten price?

That's it. Newer traders will be looking for 2-3x their investment based on recent chat and targets. I can imagine those investors might feel more stressed with the share down anywhere between 10-20% since the highs.

Those who have been here longer will already have a much larger upside.

It took a while to reach the previous fair value, of 4.9p I believe.

LC, Cobre, infill drilling progress and results.

These are the definite news that wil be released.

There may be other suprises like increased holdings, government support, planning etc.

Hopefully the SP can hold around 6p during this dry spell.