Member Info for RottenLuckWillie

Need that feasibility study to be concluded by AMC (2nd quarter of 2025…. Imminent?), as it stands now with the global price of tungsten things will move very fast once that lands with any positivity.

Let’s see if the momentum continues in the morning.

This stock has so many red flags that it’s unbelievable people still want to buy into it, it’s a cash cow for all the wrong reasons. It’s a money pit, and the money is going in one direction. It’s cool that it’s still “sort of” holding its own after the amount of dilution over the last few weeks but that’s down to a combination of naivety from I’ll informed small investors who got burned when it was on the up, so they want to average down and the warrant exercisers drip feeding shares back in for a 8 bagger whilst the hype is still ongoing.

This stock is destined to crash within the next 3-4 months when the warrant holders call it a day and walk away.

And for that reason alone this is why the NWF should be all over financing Tungsten West

Thanks for that, the more exposure the better, it does sound from the Roast that some news is more or less imminent.

Gunsup:

I’m stood outside Forgemasters right now, absolutely huge redevelopment project underway.

Whilst I kind of agree with what you say regarding NWF involvement, since China has all but cut off most of the western worlds supply of Tungsten does that not put the UK in a precarious position regarding an essential metal? After all there are only so many scrap drill bits etc that can be melted down and recycled before the UK and many other western economies. Tungsten Wests valuation is way undervalued if it’s sitting on 20% of the worlds raw tungsten deposits. Globally it’s all about defence and offence weapons where tungsten plays a high part right now, it’s not just about drill bits and mobile phones.

We ain’t seen nothing yet, I’m sure bigger releases are on the not too far horizon

58 million warrants exercised might see a big sell of folks wanting to buy back in cheaper next week.

It will be in the 6-8p region by Wednesday, slightly higher Friday and by Tuesday the week after be around 5p

Thanks for your explanation and thoughts, I’ve been pondering whether to dive back in, I don’t think now is quite the right time though, I’m thinking sub 4p, if I miss the boat then so be it.

I was lucky with METS1 I bought on the up and sold just under peak and more or less doubled my money, but a question for you regarding the dilution if I may. In a few weeks when the warrants can no longer be exercised how on earth is METS1 going to recover? As I see it investor faith will be all but lost by then, so what does the board do?, sell warrants for more reinvestment to investors again and keep going through a perpetual loop?

Only thing I can think of to gain back market trust is to actually offload some of the rights they recently purchased, ie: less pies with fingers in and concentrate on a couple and produce results.