Member Info for Stevie02

AI Overview

Yes. Mining companies can release a Pre-Feasibility Study (PFS) and a Definitive Feasibility Study (DFS) simultaneously. This usually happens when a company skips the traditional waiting period to fast-track development.

Why companies do this together:

Time Savings: Releasing them together speeds up the path to production

.Investor Demand: A DFS is a detailed, "bankable" blueprint required to get major loans from commercial banks. Releasing both allows the company to show off an economic baseline while simultaneously offering the hard numbers banks need.

Cevodniya, bad day? Maybe it’s time to retire? Maybe become an official member of the grammar police? Maybe special branch? Any spelling mistakes?

Bluegrass, my spidey senses tell me there will be an RNS this Thursday :)

Sorry Slurm, but that doesnt rhyme

I sold my Cornish pasty shares,

No regrets, it’s he who dares,

Bought some shares in Wolframite,

Yes SML, and holding tight!

Come on guys, surely that’s worth a prize?! :)

You are worrying unduly

Luke ‘hugely excited’ Rogers LinkedIn profile is worth a read. Particularly his experience in tungsten and tin mining schemes (if I remember correctly the one in Africa was the 4th largest in the world). For those talking about a merger with TUN, I wonder what he would make of their operation and in particular their processing plant? Personally, I think he has been brought in to bring SML to production independently.

Yes, looks like a good appointment. Will be interesting to see the reaction to this news.

Slurm, I feel your pain regarding your SIPP cash transfer. I was in the same position last October. Was hoping I’d get in at 0.5p but had to make do at 0.79p. No regrets though. I’m also getting into the habit now of adding my 2027 holiday funds too!

Well, with a $10m cash balance I guess they can afford to be a little generous. One thing is for sure, we are going to have a fantastic last quarter to this year :)

Day after day a fall in SP around 10.30am……then a gradual rise up to close. Could be a good finish for this week?

Always seems to be a significant drop in SP around 10.30am. I’ll remember that when I buy my next chunk of shares over coming months :)

I’m really happy that the SP has bounced around this level for a while now. In 12 days time I will be buying a lot more then regular additions right up until the end of the year. Who wouldn’t given this opportunity?!

I’m no expert investor by any stretch of the imagination but from what I have experienced or picked up in the last 7/8 months there is some news in the pipeline that will have an impact on the SP:

Regular infill drilling results announcements - no impact on SP

Leigh Creek sale - minor impact on SP

Planning permission for additional drilling outside of current permitted area - medium impact on SP

Release of PFS by end of year/Q1 2027 (?) - Huge impact on SP

Does anybody have different views?

I hope this stays around this level until about 3 weeks time when I can buy a lot more. If not……..my SIPP will benefit big style! As a relatively new investor I’ve been looking around for similar opportunities and frankly there is nothing out there as good as this. Can’t wait to see where we are at the end of the year!

Just had notification there is a new note out on Research Tree from SP Angel about SML.

Can’t read as dont have full access. Can anybody share?

Thanks bluegrass. If the sp does what I expect it to do then by next year my holiday will be paid for not just the spending money.

Sorry guys, I had to sell £1k of my holiday money SML shares as I fly in a week. Hope it doesn’t impact the sp too much :) I still made £1.2k which will go towards next years holiday though.

If this board talked about SML facts and the words ‘ramper’ or ‘deramper’ were banished forever? Utopia I know, but we all live in hope.

When Baron was asked on X what his thoughts were on the SP when Redmoor goes into production the reply was ‘multiples x multiples from here’. Ooooof!