Member Info for pardariff

Like most posters on here i am also gutted at the quick loss of value and dilution

At the end of the day you can have all the equipment in the world to process the gas but if you cant get the stuff out of the ground its worth zippo.

Ltes hope that exploration and production accelerates in the very near future to get us some value back

Pj70

As your earlier posts stated thie share price falls to 32p and then gets back up to 33p after a few days.

It has that feeling that market makers are holding this price range but my take is that a news update and the near term production should give a price uplift .

It would be nice to see this get into the 40,s for starters and then gradually climb from there to the 70,s and beyond.

The way i read the progress updates is that the third quarter is from now [ 1/7 26 ]

We could receive the confirmation anytime but i dont think progress is affected considering the recruitment going on .

Stakker2193

The photo on the right gives the impression thet they are promoting a holiday destination ! and i hope that there are more than 2 guys working there !

Joking aside i am impressed with the scale of the operation .

Nice spotting

Https://www.linkedin.com/posts/tungsten-what-is-happening-in-the-market-share-7471136732814639104-rsp3/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAF5xm8sBSYWMeTu2TQXco0R0YOR1B18nQrE

link regarding japan supply shortage

Still amazed with the bargain price

From the last Rns update it looks like a formality as the impression given is that the money is in place.

Looking at the short and long term prospects and given the elevated Tungsten price this looks like a no brainer with minimum downside risk.

Sorry this sounds rampy but the last few days share price drift should soon be a thing of the past as the news flow comes

Rns 21st may financng package complete and awaiting final documentation.

I think we will get another Rns when totally complete and hopefully a further update on progress

I would be hopeful of a price uplift on confirmation

.

Sorry article [typo ]

Pj70 The oregon group gives the impression thet the Tungsten price will stay higher for longer which shows how poor the IC atricle was.

Oregon mentions Tungsten West at the end of its report and the report has an American perspective .

What are the odds on and American buy out ?

Pj70

Oregon report 29th april 2026 Why tungsten prices are rising so fast

Sorry not able to post link

A few srticles from Oregon dating from 2025 all giving a bull case for tungsten

Taking on board the IC article and your comments the case for Tungsten West is still very positve even if China eased up on export restrictions which seems to be unlikely.

Pj70 Just to cheer us and other investors up i suggest reading a report by the Oregon group which more accurately tells the current story and future demand/supply inbalance

Apologies if you have already read it

Have a great weekend! [ps. iam just about footballed out! ]

Pj70 Thanks for that in depth analysis

I went back over the last Tungsten West and Zeus capital reports and i think that 8 times current price is probably over optimistic and around the 5 times current price looks about right .

I think we are both of the same opinion here but for some reason the price does not reflect what a bargain this share price is!

I am still in Hex by the way and that also looks like a very slow burn

Pj70

share price drifting at the moment but as an exercise do you have any thoughts on the potential share value based on a modest p/e of say 4 and a $ 2500 tungsten price

My guess wold be over 8 times current share price of 36p

Pj70

Interesting point about wolf minerals but Tungsten West have looked at the problems that Wolf had and seems to have come up with better systems and production machinery so they are are still profitable at much lower Tungsten prices.

Pj70

Thanks for your post which expresses what most genuine investors think.

My take on the lack of strong upward momentum is that its an Aim news thing.

Unless companies are regularly giving positive updates then the share price often just drifts lower.

Perhaps there are loads of traders out there who love shorting shares !

Looking at the positive side Zeus capital came out with such a strong report i would not be surprised to see a very good uplift when the finance package is confirmed

Pj70

On theses figures finding $85.0million should be no problem in fact if i had a spare $85.0 million i would lend it myself!!

Pj70

I take your point , there seems to be a lack of belief in the market that they will deliver

It could be a throw back to when they were owned by Wolf metals but from all the info that i have read the new set up looks really proficient and a good sign is that they are actively recruiting staff

Pj70

If you listen to Zeus capitals investment case [ i have relistened to this to make sure i had my facts right ! ]they give a free cash flow of $400million based on a Tungsten price of $2500 per Tonne

At a current Tungsten price of around$3100 i reckon we are looking at close to $500 million free cash flow per year

What a bargain price at 38p

Nigel50

I dont think any purchaser has been named but putting my ruthless commercial hat on i would sell to the highest bidder with a possible long term contract unless the government forced anything different on me

If the Uk or the Eu wants it they should pay the going price