Member Info for m_wall

It's all about future growth. The company's photonics division, linked to data-centre demand, is expected to contribute less growth than in the previous year. Looks like that has spooked the markets.

They've got a lot to be excited about. The potential is huge. Across all projects = 4+ million ounces.

What's the real price for WTI and Brent?.Certainly magnitudes higher than $100. This market is being played, and Trump is fiddling well, playing his role in it all. By 2028, we are still looking at $200+ /barrel. Volality is baked into the SP from here on in, but £10+ is feasible for the SP by this time in 2028.

So the UK has three projects, amongst a few others, of real national strategic importance in this current climate-- Redmoor (tungsten, copper, Tin), Tungsten West and Sirius Minerals (now AngloAmerican's) polyhalite fertiliser mine.

4.10p

SP Charts reflect human nature. Schizophrenic at times, FOMO the next, Gloatfesting when SPs fall. Overbought and then oversold. The SP is squeezed out briefly but is somewhere between 4p and 5p

Between 4 to 5p is most likely the current 'real' price at this point in time, 6p+ was your usual animal spirits gone berserk. You know what human behaviour is like, across the board, including MMs. April and May should be interesting.

@glypodend: If you believe that, you will believe anything. There's a war for resources going on.

@DoBreWotNot

Yep, very important too. Global conflicts that spread will also be a key driver to share price appreciiation. The recent 6p+ was the usual trading overshoot. Time is more important than price, to quote that old chestnut. But it is true most of the time.

Well, in a nutshell, it confirms the project just got much bigger, and the mine-life has more than doubled (virtually 30 years) and of course the tungsten ore is some of the highest grades in the world. Metal content in the rock up: Tin +55%, tungsten+31%, Copper +30%. Then you've got the silver. What more could you ask for?

Not bothered by the 'noise.' This is going to £10+ between now and this time in 2028, with ups and downs in between and regular interim dividends hopefully.

It's probably been mentioned, but it closed at 5.4p

Chances are this mine will be fast-tracked, especially if the US is involved and TUN goes into production at the end of the year. I dunno if you've been paying attention to current world events or not, especially in the Middle East and Eastern Europe? You are going to get a lot of contagion in this period up to 2030, with conflicts breaking out in lots of places. The West needs a steady supply of certain resources, and pronto.

Back in October 2025, I said oil would be going to $100+/barrel in 2026. You can check my comments if you don't believe me. I'm not always right, but I got that call right. Okay, here's another call: $200+ during 2028, and BP pushing £10+.

Things arent looking too bad for the late 2026 production restart target. In February, TUN signed deals with Duo Group and Gekko Systems for a brand-new crushing and ore sorting facility. The new set-up uses X-ray sorting to kick out waste rock early. This reduces the amount of material they have to process by 70%, which drasticaly lowers energy costs and solves the noise and vibration issues that plagued the previous owners (Wolf Minerals). Not forgetting they reported producing their first "trial" tungsten concentrate, proving the refurbished plant actually works.

Great news about the tungsten. Because the recovery jumped from 72% to virtually 86%, for every 100 tons of tungsten in the ground,they effectively just "found" an extra 14 tons of sellable product -- without digging a single extra hole.

What is interesting is while Western funds are selling "paper" gold to cover margin calls or chase oil yields, the People's Bank of China just extended its gold-buying to its 16th consecutive month , as of March 2026. The flow of physical gold from west to east continues unabated.

There's no doubt this company has got great potential, especially at monal, and not just with gold. It all depends on punter's timeframes and levels of patience. Once the gold price stabilizes and goes up again, then confidence should return to the precious metals sector in general, probably starting in April.

Greatland, Jan, Mila, etc are all following the gold price 'algo' dip. Pay attention, old chap.

It's otherwise known as the tedium of owning shares.