Member Info for ralph2010

You say unexpected, I think expected. At least a lot of flanges got ejected today. Let see where this is in a month.

Why the Lassonde Curve isn’t universal

The Lassonde Curve assumes:

Normal commodity demand cycles

Plenty of competing projects

Standard financing conditions

No strong government intervention

When those assumptions break, the curve bends.

Willy88 - Depends if the "international investor" has more than the £4.7M to bring to the table

The BOD have 12 months and then 24months options.

Its a possibility someone bigger will snap up TUN and SML.

When others are fearful ?

After MRE bigger players are likely to start building a stake.

London - Ah OK.

Who says its Thursday ? They could release Wednesday and give it a day to sink in.

Mirasol - Not so sure, you assume they only have SL in mind. There is much more, and in nice out of rocket range.

I thought of getting ready to sell on MRE. But this is has some unusual drivers and it might not drop much. Tungsten price is still rising for one thing. The government is also putting billions into Fusion which needs Tungsten. The West being forced to build up their military which needs Tungsten. The West rivals China dominates supply of Tungsten. War with China over Taiwan possible in the near future, more Tungsten required. USA and Israel need it to replace all the ordinance they have just used and continue to. Every Western country needs to secure Tungsten.

I'm not new. Only invested just before Xmas, thx too BB hopper. I feel guilty just dropping in and lapping up all this cream after many have been here with 10 years of pain.

Not really, maybe last chance before MRE ?

5.30p paid now

Nice, this could be a good week ahead.

The ”North Tin Zone” is significant: From the data presented in the RNS, the zone carries considerable width and grade – principally of tin. Representative downhole intersections1 include: 7m grading 0.67%tin (Sn) – 0.58% WO3Eq *; 8m grading 0.83%Sn (0.77%WO3.Eq*) including 2m grading 2.8%Sn (2.61% WO3.Eq*); amongst others that are listed in the RNS. These are wide zones with good grades which look like they could be mined by bulk underground mining methods. Could form a meaningful, mineable reserve: While it is early days, and this zone is not the principle economic driver for Redmoor, we can foresee underground development out to this zone and, depending on the prevailing tin price, the zone could be mined with tin recovered through the same circuit we expect for the Redmoor project. While we don’t want to speculate on the size of the potential resource to be modelled, SML state the North Tin Zone could “add a meaningful, tindominant, non-SVS resource in addition to the forthcoming SVS MRE update”. We await further updates with interest.

Zeus View: Redmoor still has its secrets to give up. We noted on a site visit the range of veins and structures outside the SVS and the Strategic team has now identified a continuous mineralised zone close to the SVS – a zone which may be accessible from the planned mining infrastructure and which could form a component of the mineable reserve. We expect this “North Tin Zone” to grow in size and expect it to be separated in the MRE update. We are excited about the future for Redmoor which we view as a growing, high-grade mineral deposit in SW England and continue to see a fair value at 4.8p/sh.

I meant that after MRE and towards PFS, there is a news gap I feel.

I am thinking MRE could be a selling point? There will be a news gap until the PFS. The BOD has their exercise dates at 12 months' time, about the time of the PFS, and the next one after that, DFS time?

That was their plan, now with the US asserting itself in the western hemisphere, even better.

A breather for the SP is healthy right now, its what we want, weak hands being erased. Side ways from here would be great until RNS.