RE: Baron22 Apr 2026 09:17
Well said Tungsten, he has been consistent all the way up.
I don't think he could have been clearer on the levels of upside!!!!!!!! the post is even pinned on his wall.
the 1st paragraph from his piece - "For STRATEGIC MINERALS, the monster headline from the recent Zeus analysis is that the company can generate today's £183MILLION market cap in cashflow post tax in 8-9 months of production. Cumulative post tax cashflow comes in at a massive >$3.2BILLION with the staggering piece being that it's based on a Tungsten price of $850/mtu and NOT the current >$3,000/mtu levels. It is an extreme valuation anomaly resulting in the shares being totally mispriced right now. It is therefore of no surprise that Zeus recently moved to 14.9p from 4.8p but that's still only 30% of nav and at $850 Tungsten. To quote them "returns will be astronomical if the spot price can be maintained". All of this doesn't factor in too the very realistic scope for further growth upside and from satellite developments within the licenced area. "Together the consistent intersection of the SVS, confirmation of mineralised continuity into new areas and the identification of additional high‑grade tin all point towards the potential for further resource growth".