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Daltry I think positive results were expected but were not guaranteed, results exceeded their expectations aswell.

Markets are a mechanism from the impatient to the patient, fundamentals improved on this mornings RNS.

Tungsten price up again by the way.

I am not expecting massive spikes.

But management are making all the right moves so time will be our friend, cannot ask for better drill results than this mornings RNS.

Notice the wording from/about the UK government.

Something big stirring in the background?

I was concerned the first drill was a fluke, this now confirms it was not and they are sitting on something special.

Big hints in the RNS of what is to come with the government.

“Redmoor sits in s commanding position to be a secure supply of minerals deemed critical to the UK”

Tungstenman it is the highest recording I have ever seen.

From Grok world class grades are 1% and super world class grades (unheard off) 1-5%-3%

Council cabinet member commented aswell, talk about giving us a hint of what is to come.

Grades better than the first drill results! So confirms bigger than we thought and not a fluke, they are sitting on a monster.

“Redmoor - Very High-Grade Sample Results Continue to Exceed Expectations”

Great post.

Big news coming out of the US on uranium, AI energy race picking up.

RTO value will be worth a lot of money.

“ The final kick-off awaits the VIA environmental assessment, but the company considers this more of a formality than an obstacle.

High-quality uranium, among Europe's best”

I think with the UK and US positioning heavily in the sector we will see a larger funding package over next few months. Economics and low capex it is hard to beat SML.

That is just a personal thought but it makes sense given China and recent news.

Huge buy prints delayed from Friday.

Someone with deep pockets is slowly accumulating into sellers.

Hard not to notice SML when tungsten rises over 10% in a week. Market makers can only hold it for so long.

If you believe next drill results will continue to be positive then there really is not a better time to be involved especially with tungsten at record highs and government policy shift towards critical metals.

Market makers bidding for shares currently, we have a background buyer.

Nice find.

In relation to shareprice predictions as someone else mentioned 30% NPV in a safe country with government backing is a good figure.

I would assume NPV is $450million+ if you take into account recent metals price increase, and that is on old MRE numbers which should also increase on updated MRE aswell.

They only rnsed results will land shortly last week, it is all lab dependent based on their workload.

I suspect next results will land this week.

Tungsten jumped 10% last week alone, couple that with the governments new vision on critical metals it is looking extremely positive.

Tungsten price up another 25% and tin up 5-10% since Angels $400million NPV broker note 4 weeks ago.

More news out in the US, US are no doubt on another level.

“ The U.S. Export-Import Bank (EXIM) will invest $100 billion to secure U.S. and allied supply chains for critical minerals, nuclear energy and liquefied natural gas, the organisation's chair John Jovanovic told the Financial Times in an interview published on Sunday.”

To be able to buy here after what the government announced over the weekend is a gift.

Gordon it is not a guess, the UK government can only be talking about us when they mention one of the largest tungsten sources globally. We are already part funded by the government do not forgot.

There are a few separate documents Slurm that mention tungsten.

But you are right they do have a focus on lithium probably because they have already put a lot of money into it.

Energy will be the most important sector over next few years and decade, does not get better than uranium and solar.

I would hazard a guess this significantly moves higher into April arbitration news, all the other business aside anyone putting money here has a chance to 10-20 bag on successful outcome, good if you like a punt.

They have previously already given a lot of funding to UK lithium companies so I assume the new money will see a big focus on tungsten.

How much money? We will soon find out, before or after MRE early 2026 does not really matter.

It shows we are most definitely in the right sector and long term investors will be rewarded in 2026 I think.