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If you are investing in a european tungsten play then your focus should be on the global critical metals.

The big win will be holding into maiden resource assuming drill results continue to be good, potentially $1billion npv. Stop losses can shake you out unnecessarily as we saw last month.

Stop losses are not a terrible strategy but for long term conviction they can be brutal especially on small caps.

Look at last month went from 1.3p back down to 0.8p then went on to rise to 1.6p, anyone that put a stop loss would have got shaken out.

As company release drill results we will know how undervalued this is, market makers can shake out stops like last time but will not matter into news and longer term.

Yes will be a heavy news flow period into year end and I suspect drill results will continue to show the monster they are sitting on, bonus tin and silver grades aswell.

Derampers can try to hit this all they want but will not matter when drill results land. Conviction will win.

All we can do is wait for results, we can look at previous results and speculate they will remain positive.

I take comfort that when the board talk about the current drill they have a big grin on their face.

If you are not paying attention to tungsten market you should, this is why SML is critical for the UK government. Critical for AI revolution aswell.

“China’s Export Control on Tungsten… 90% Price Hike Shock in Semiconductor Gas WF6

As the Chinese government tightens export controls on strategic minerals, soaring tungsten prices have driven suppliers of tungsten hexafluoride (WF6) to implement massive price increases for semiconductor manufacturers. This marks an expansion of China’s “resource weaponization” strategy—previously targeting rare earth elements—to tungsten. The semiconductor industry now faces rising production cost pressures.

According to industry sources on the 23rd, major WF6 manufacturers such as SK Specialty, Foosung, and Kanto Denka have recently informed semiconductor manufacturers including Samsung Electronics, SK Hynix, DB HiTek, and MagnaChip that supply prices must increase by 70–90% starting next year. An industry insider said, “Tungsten prices have doubled in just five months, significantly increasing raw material costs,”

Shallow depths and high grades are what dreams are made of in gold sector, low capex high cashflow. MILA have both.

The question is how much do they have could be less than 500k oz could be north of 1million oz, either way £15million market cap is crazy low.

Look at ozzy based WSBN for example £30-40million market cap with very early stage drill and no grades yet and a year or two from a potential maiden resource.

With gold at $4000 I would not be surprised to see this over £100million market cap but of-course this is on speculation that drill results remain positive.

Blue sky potential is why I am here and all targets could get blown out the water if maiden resource is much larger than expected. Next drill results will give us a clue.

Sorry let me clarify 3 drilling results by year end.

The price will rerate into maiden resource early 2026 as we find out how big this is. Anyone holding into maiden resource and beyond will do very well I think.

And as I type tungsten price keeps heading north, so either UK government secures a home grown tungsten mine or they continue to pay extremely high prices from China.

Many want the company to fail but there is nothing sinister going on.

A good time to buy when board is full of trolls.

Have a good day, do not waste all your time on a stock that you previously lost money on bad for your mental health as we can see.

If history repeats then December is going to be a very good month, who knows they might be sitting on cash that exceeds their market cap.

Also it seems you do not have your facts right they unsuspended on the day of the 500% spike the 17th, not the 10th.

Short squeeze backed by largest shareholder, has been a good run

Buy me another look at the day it got unsuspended it spiked 500% but yea they did release good news aswell.

I am not saying it is a good thing but they will just do what they did last year release results in December, does not really change anything. Like it or not it is common theme on small caps, you can quite easily sell if you do not like it.

Big exchange of shares, probably our resident TR1 buyer soaking up sellers.

20km strength length with shallow high grades in a prolific gold producer zone, nothing priced in at this low market cap. If results continue to hit it would be quite easy for one of those producers to buy this out.

Yes but it is quite standard practice on small caps, worth taking into account TM1 went up 500% once suspension got lifted last year.

Think months ahead and ignore daily movements, will rerate as drill results get release. Should be atleast 3 by year end.

Derampers can try but will not matter longer term. Shakes a long the way.

Not sure what you are talking about, expect final results same as last year early December.

Check the trades showing up it looks like our resident buyer still wants more, market makers will struggle to get sellers when most of stock has been taken by a single entity

I am sure they will try to shake it again at some point

New base will form give or take 10% as we head into multiple drill results, nothing goes up in a straightline.

As you can see the entire group of paid bashers have rejoined like clockwork, they are getting nervous. Fantastic.

I would estimate March/April maiden resource.

Worth bearing in mind when GGP 800 bagged from their lows with gold at $2000 was into their maiden resource.

I am not saying we will do that but potential is enormous if shallow grades continue. Proof will be in the results so all we can do is wait and see.

Tom you will be pleasantly surprised then that maiden resource is actually targeted earlier than July, which is why MILA is such an exciting opportunity at this price, valued significantly lower with significantly higher grades and significantly ahead on timeframes.

“We are now entering an intensely busy period with Phase 2 drilling underway with the target of delivering a maiden resource in early 2026”

SML are unique that they have cashflow to fund this aswell UK government funding.

Derampers use false statements to instil fear but all placings are not bad and can actually be positive if done from a position of strength which SML are in. They might raise at some point but who cares, this is a UK government essential asset now.

EEE just got thrown money by a large fund at a premium, metals market is on fire.