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Gold back above $4000

Hope no one is going to regret being shaken out pre drill results.

This is probably why tungsten is mooning.

“ China Introduces New Exports Controls On Antimony, Tungsten And Silver”

I would not focus too much on daily movements, focus on drill results will be plenty by year end.

Tungsten sky rocketing makes this a very exciting company into maiden resource.

Consolidate weak hands over next few weeks and we go again.

Tungsten market looking incredible at the moment, once in a generation type move.

Market pricing in a duster by recent price action.

Previous drill results are about as good as you can get from a gold drill. Big shakeout of weak hands taking place.

You are right but China controls the supply the UK government has no choice. Their hand will be forced.

Can you imagine if they rns a monster tin deposit aswell as tungsten.

UK government could kill two critical metals with one stone so to speak.

A realistic number in a safe and stable country before it comes out the ground is 30% NPV.

At current tungsten price closer to $500million NPV and that is on old numbers. 30% on $500million-1billion NPV.

If they went all the way themselves into production this number increases. Significantly undervalued here.

Stuart packwood will no doubt mop up the sellers.

Strange time to be selling so close to results.

Tungsten price is on fire!

Hope no one is getting shaken out by derampers pre news on multiple fronts. Potentially looking at $1billion NPV if MRE is as good as we think it is.

If Tungsten hits 1000 MTU it puts NPV closer to $1billion and that is without updated maiden resource.

Happy to soak up some sellers around this price.

Always going to get mass derampers on pullbacks like last month, just how LSE bulletin boards work.

You should be sitting easy looking at tungsten price moon, let them shake it will be up again soon. No brainer on NPV numbers.

As you already know just a lie peddled by derampers.

5 minutes research and you can see RAB have been selling a few stocks not just SML. Actually very good to see them sub 3% as means no more seller very soon.

$400million NPV is without the tin aswell.

At 1000 MTU looking at $800million just on tungsten, pre upgrade aswell.

Good call Jane.

Good crossover to SML if they hit tin aswell, another critical metal.

RNS will land soon.

China MTU could hit 1000 MTU by year end at this rate, for context Angel broker note priced $400million NPV at 600 MTU.

Yes market cap still needs to atleast triple to be inline with other large tungsten companies, and SML blows them out the water when it comes to grade.

Ofcourse all drill results dependent but if anything like the previous we are in good hands.

Tungsten price also about to rise 20% in last two weeks in China, up a few 100% in last year or two.

RAB have 0-2.99% shares left as of yesterday which equals 0-69million shares. There was 100million volume today so will be on fumes.

Tungsten price keeps going up for those who keep an eye on the price which adds to the buy case here. Hold on to your gokden tickets or black tickets?

I thought was good news today confirms they have plenty of cash for a while.

Market makers shaking on wider market wobble it looks like.

Yes they will be on fumes.

Actually good to see sellers below 3% means downward pressure on share price will be lifted.