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So many tungsten miners continue to follow the same trends. The interesting part to me is the return of the Iran conflict actually favours raised tungsten prices. Our last bull run happened when the rest of the stock market was plunging. Here's hoping history repeats itself before the cheap share price is taken advantage of by issuing of new shares for the board or private investors.

Last grant of options was in February for a strike price of 3.5p. Never thought we'd be anywhere close to this value again but it should be a very good motivator for getting the share price to climb before they can exercise the first half of the options in February.

Great chance for a top up today, brings me just shy of 2m shares. Hard to see a world where our current value doesn't at least double by the time we see the PFS.

The failsafe is the company making money and providing a dividend. You can hope for whatever you like, I also hope the SP will go up in the meantime. It will go up once there are more people interested in buying the share at higher prices. Having a good piece of news doesn't mean this will always happen.

I for one don't expect a huge bounce on the announcement of planning permission. We are following a trend of other tungsten stocks which is surprising given a lot of them are at very different stages. I think it's a waiting game until mining investments become popular again, whether through political tensions or pure luck. Im invested here because I the failsafe is making buckets of cash when the mine starts operating. Everything that happens in between depends on which way the wind is blowing.

I for one don't expect a huge bounce on the announcement of planning permission. We are following a trend of other tungsten stocks which is surprising given a lot of them are at very different stages. I think it's a waiting game until mining investments become popular again, whether through political tensions or pure luck. Im invested here because I the failsafe is making buckets of cash when the mine starts operating. Everything that happens in between depends on which way the wind is blowing.

Topped up today with a price I'm very happy with, even if it's still averaging up.

Happiest about no negative notes regarding planning permission on the RNS.

I don't blame the board for not trying to pump the price. We don't need money through a raise right now and it makes me less worried the directors will offload their share options as soon as they can.

I do hope the AGM tomorrow gives us the boards current view of timelines.

Quite pleased with the new appointment. Hopefully this will help speed along the planning permission.

Pretty much all tungsten miners I can think of are considerably down from their ATH over the past few months. Felt like it started with Trump's visit to China and Chinese tungsten prices dropping. Seems like nothing happened on the visit and chinese prices have stopped sliding. Fantastic place to top up for those of us who are forward looking.

Would bet a share or two that novicehunter is the same person behind gain with Jane, everyone's favourite poster from a few weeks ago.

Only so much to gain from engaging someone shouting wait till it's under 3p to hold till it's over 7p within a month.

Tun and SML graphs almost mirroring. Cursing having to waiting for funds till the 13th to make another big purchase.

Is there really a reason to worry about the price going down to 4? Or if it went to 3 or 2? Don't put money down you will need in the near future on purely speculative stock. If you do have the money to spare, approaching a 99% discount on the value of the resource seems like a great deal to me. Whole market moving down doesn't mean much. If the mine works out you can collect the money you put in today as part of your quarterly dividend in 2-3 years time.

No hiding that holding the share has become a lot less exciting than around February time.

Comparing price action of TUN, EQ resources who already produce in australia we are all following a similar trend. We can keep throwing out speculations about a seller etc etc but at the end of the day we're just following a trend line until some news separates us from the rest. Tungsten prices going up surprisingly quickly again in China - could be the prompt that's needed to start pushing us forward in absence of news.

Looking forward to hopefully getting a good update from the company after the mining conference tomorrow.

@ bluegrass 22 cent vs 37 cent high is a bit more than 25%

No personal clue on the relative impact of tungsten ore grading on end product profitability, but would have thought the current pricing would outweigh any downside by quite a large margin.

What I personally take out of this though, is that buyout offers should be looked at more favourably than just through comparison of net asset value. At the end of the day it's all ramblings while we wait for the project to progress

Has anyone here been following eq resources over in Australia? It's interesting for me to watch their share price decline despite being one of the very few producers. Obviously no two cases are the same and they have their own set of operational issues, but even at production your share price isn't guaranteed to reflect your mine content X spot ore pricing.

A bird in the hand is worth two in the bush I would never feel upset about a takeover that builds 100%+ on my original investment.

Not often you see a LTH hoping the share price was 30% lower than it is now! Very unusual reasoning. I would encourage you to sell to reach your target price, I'm more than happy to buy above it.

Happy with the RNS, good progress and see this rapidly accelerating once the planning permission is granted.

With this much cash in the bank, I only wonder why did the board decide to raise at 3.5p imminently prior to the MRE being published? It looks to me like the cash wasn't needed at the time, and the study numbers had to already be suggesting 3.5p is too cheap a price to raise the capital.

My thinking is that any large investor would want a favourable price compared to the SP. The the SP very heavily discounting the resource, and the company not requiring further funds, we are stuck pottering along until new interest is generated.

The Cornwall government funds sound like a perfect fit for our project too, which makes further external investments less necessary.

Price will go up once people are looking to buy. I'm happily filling my boots but for better or worse don't have the funds to move the share price on my own!

Will get another 120k shares today if my next buy goes through at 4.8p. Great news to see a rise in the artificial Chinese tungsten prices, way above our Zeus estimate level. 12 month average tungsten pricing will be very different come December :)

The same traders who helped cause yesterday's rise are now selling to cause the fall. Shame for the shareholders who need to cash out but it provides a great entry point for the time being.

While the 14.8 valuation from Zeus might be true, the appetite for buying shares at this price isn't quite here yet. I think it's only a matter of time till we reach it.

The near term catalysts as I see it are the granting of planning permission, further drill results, potential new institutional buyers, and a strong chance of new government funding with the Cornwall fund.

Always a shame to miss out on these 30% swings, I'd be a very rich man if I could time them correctly. I would hate to miss out on an unexpected bit of news dropping if I mistimed things though.

Once the new drill rigs are working im hoping the company comes out with a predicted PFS date. I'd see this as a ticking timer to 15p valuation unless some negative news comes to light before then.

Massive market overreaction, shareholders selling because others sold. 130M market cap at the moment is comical.