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Broker note and potential is now beyond all expectations, drill results will confirm what we are all thinking.

Similar to previous rise market makers will collect weak hands and we go again.

Europe and the US now begging for these critical metal plays.

Obviously a lot depends on next drill results and we all like seeing profit but if results are good then think big and longer term, could be a life changing journey.

I think the excitement is great but will not happen overnight, rerate will happen over next 3 months I think. Let us see who is foolish enough to give away these golden tickets to market makers I am sure they will shake it at some point.

$1billion npv is a possibility.

Would tym be able to use some of kobolds money to advance their other silver project or is it just for this copper project?

Npv numbers are from previous MRE do not forget, $400m number assuming goes the way they want will dramatically improve. Which means blue sky potential from here.

But just got to be patient and wait for drill results.

Do not forget 1.1 year payback with $400million npv is not adjusted for all the new and upcoming drill campaign, highly likely that number increases on updated maiden resource early 2026.

As someone mentioned GMET is another great example £190million cap also with much lower grades, I do not think investors appreciate just how monstrous SML tungsten grades are. I am sure market makers will shake this as we go, hold on tight.

I would only assume a buy just because of our tr1 buyer, market makers happy filling more orders.

What a time to be involved.

“ EU urged to boost critical minerals push amid China curbs”

I would estimate we see results in next 3 weeks.

I think drill results will be a positive and mre will demonstrate a large resource, all we can do is wait and see

Not much priced in at £15million market cap if they are sitting on 500k oz of gold or possibly more

Been a great day, shake out weak hands and we go again.

Angels broker note is astonishing, very pleased.

The cheapest tungsten play you can get in comparison to SML is eq resources valued at around £90million and they have significantly lower grades.

Build upto maiden resource should see north of £100million assuming everything goes to plan but will not happen overnight. But do your own research.

It is a good day as we start the journey for a proper rerate. NPV figures are blowing away all expectations and that is before updated maiden resource in 3 months.

Next 3 months are going to be even better.

Updated maiden resource 2026 with supply crunch pricing should easily see $500million npv potentially north of a $1billion.

Potential at this share price is very exciting.

For the diamond hands if you want a chance of early ggp this is probably about as good as it gets

Fingers crossed drill results are positive

Yes mikey easy to come to the conclusion npv could be $1billion+ after they drill including copper/tin/silver and with supply crunch pricing continuing north.

Yes hursty it is nice to see this rise but real money will be made just holding, incredibly undervalued.

Maybe we see a UK government buyout? If not a larger funding package looks a good move, unless ofcourse they want to buy tungsten for $700/mtu from China.

$400million npv payback 1.1 years and they can improve this number as they drill.

Current market cap £35million.

Hold onto your golden tickets I am sure market makers will shake it at some point.

Wow ~US$400m, the IRR is 53% and payback is achievable within 1.1 years“

They can improve this number as they drill aswell, hold onto your golden tickets or should I say black tickets.

Wow

What an upgrade!!!

I think derampers will be out in force soon.

Still a long way to go to see how much this global asset is worth, hold your nerve and remember why you invested. UK needs tungsten more than ever.