Member Info for ontarget

You'll find out in the next few weeks.

No idea what you're looking at but both the site we're on and the London Stock Exchange website show 14m+ volume.

C.14.8m so far today, about average for the last couple of weeks.

Maybe worth pointing out that EEE had a market cap of nearly £600m on that spike (assuming you're looking at 14/10/25) so perhaps the MRE didn't quite back that up and sparked a sell-off. Unless we see a huge run-up over the next 2-3 weeks I'm not expecting that to be the case here, more the opposite. It's still c.£250m now.

Very promising. Well worth a watch, particularly the Q&A.

A fibonacci extension of the move from 1.3 to 4.36 suggests 5.6p and 7.7p as the next potential targets.

I have lines at 5.8p and 7.4p on my chart which I think were the measured linear and log projections of the breakout from the recent pennant.

Looks like some decent buying this morning on the small dip. The panickers must all have been shaken out last week.

They didn't do 3D themselves but were able to acquire existing 3D seimic data covering the licence area from NAMCOR.

They haven't sold 8% of the company - look at the number of shares held in each case.

I would suggest looking at comparing number of shares held between holdings RNSs rather than the %.

They haven't sold anything - their % holding was diluted by the issue of 35.7m shares on 27/2.

Tungsten West average grade is 0.13%, so doubt very much they would say they were the 2nd highest grade in the world yet to be mined.

Ticker changed to QDE

I make it more like $500k/week using $55k/ton.

Zeus already said in January they would stick with their 'stepping stone' fair value of 4.8p until the MRE is published, when they will 'properly revalue it'

Ok but make sure to call it Cuprum not Cuprom.

Who needs a 100 year mine life. Can't they 5x the production rate? 20 years is more than enough and any more than that won't be valued by the market.

On the other hand the market doesn't seem to have any appetite to take it down below the 3-3.5 level.

Spot on BB_hoppa, volume has dropped right off here compared to a few weeks ago - just £120k worth so far today including delayed trades from the first hour or so, although the low threshold for delaying here does cloud it a bit.

Think you mean 0.3p or £0.003 right? Don't think this was ever 0.003p.

Tin up, tungsten up, lithium up. It doesn't seem to be tracking any of them, so wtf is it tracking??

Maybe there's just not enough volume so it's just being buffeted around by a few traders.