Member Info for pj70

It does appear by watching trading the last 2 days that someone is accumulating a position or increasing current position. The move from 16p to 13p this morning was rapid and then someone kept hoovering everything around 13p, 13.5p, 14p and now up to 14.5p.

Billy - 200m shares time 80p is 160m not 1.6bn that was what i was trying to explain.

Not 1.5bn market cap at 80p as only 200m odd shares on issue

Pump and dump? Why at 4.5p less than what they could have got by drip feeding sales in last hour

Wolframite and ferberite, both tungsten-bearing minerals, have different processing approaches due to their distinct compositions and properties. Wolframite, a solid solution of ferberite (FeWO4) and huebnerite (MnWO4), requires more complex beneficiation techniques like froth flotation due to the presence of manganese and the fine particles produced during crushing. Ferberite, being iron-rich, often benefits from gravity separation.

YES and i am also led to believe that the ore that they WOLF minerals had setup for was the incorrect ore. They setup for wolferite when in fact it is feberite. I am no geologist but how can you make that sort of error in setting up a mining operation!

Why did it fail the 2 previous times - price of tungsten, poor setup of crushers and ultimately the screens will fail if crushers dont do the job, what other issues were in previous two companies?

Shotgun mike - if we get full funding with not a huge dilution of shares then yes we will see 30p by year end.

With $93m required to be up and running i would not suggest it is fully built BUT is well on the way hence the comments made about the middle of next year commencement IF funding came in today! Lets hope they do get the funding soon without a big dilution in share capital and then the price will rocket!

I would suggest if Tungsten can stay about 400 a tonne then we will be looking at a SP IF funding happens and build within budget or 7 fold + by end of next year. The big one is funding and then the period of nothing happening until build and processing plant gets into production mode!

Does anyone find that HL live prices are not actually live or different to other platforms?

My son has been showing me on T212 the prices live of TUN which is moving alot the last few days and today on anticipated funding and HL are not the same prices as T212?

My only caution is that this is a plump and dump and the investor put that comment on LinkedIn as he knew the reaction would be positive and a way for them to offload. That is the cynic in me. The glass half full me thinks the funding is closer than we think and accumulation is happening as i write this!

Steady volume and upwards movement last few days post that LinkedIn comment.

Thanks Bamps and for me the focus is Telfer and resource upgrade and always has been for this year as it is what defines our current SP to earnings and free cashflow.

It’s interesting that almonty in Canada is funded by a German bank and underpinned by an Austrian bank. The investor is German that suggested funding package is soon - I think watch this space as could be earlier than the end of this year !!

Exactly and an incubator without any income coming in from these investments. Hence the large discrepancy between SP and NAV. The guident IPO will be interesting as shareholders would be best having the company wound up and liquidating there assets and making there gains that way!

The volumes are so small at the moment that if this was a proper sell off then we would be well below £3. Reality is every day this week the tree shake has occurred but the question will be whether they push the price later today back up or just wait until next monday when the quarter closes for fund pricing and performance purposes.

For long term holders it is not really an issue but for those sweating it e,xpect this to happen for a few days/weeks to come until whoever is mopping up all the small parcels has there fill!

10 bag? do you have any back of the *** packet valuations for that assumption or statement?

Seems to indicate funding has been sorted. Just dont know what chunk of shares they will be given for funding for dilution of the current shares on issue which will happen.

Do you have a link to the research note?