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Tungsten is involved in green tech but that is not why I posted, government getting more and more involved into critical metals is very positive.

SML already part funded by UK government with government ramp up in the sector can only be good for SMLs future. And just to annoy our deramper friends yup you guessed it whilst everything collapses tungsten continues up.

Hope no one is getting shaken out at the start of this journey.

Markets correct a little and derampers and traders swamp the board. 36800 derisking 40% profit and boasting about it is not the flex you think.

Trader mindset vs investor most of us will derisk once true value starts to appear not just because it goes up 40%.

Nothing you say will make me sell I have done my research, have a good day.

Yes guly market wide shake up just got to ride it and switch off, do not give away the golden tickets as things can change quick.

Have a good day and weekend.

Targa123 it is all guess work but a separate listing solely for uranium assets on the right exchange perhaps £50million being conservative. Could be less could be more we need more detail on RTO.

Hard to tell because US exchange for example pay more for uranium than other exchanges.

Big news story out from UK, funding to be funnelled into critical metals to align with Trump.

“ Chancellor of the Exchequer Rachel Reeves is expected to announce measures supporting the critical minerals sector in the upcoming Autumn Budget on Wednesday, 26 November 2025. These announcements are anticipated to be part of the government's strategy to enhance supply chain resilience and reduce reliance on countries like China'

'National Wealth Fund (NWF): The Chancellor previously announced that the UK Infrastructure Bank would operate as the National Wealth Fund, which is designed to catalyse private investment into clean energy and growth industries, including those requiring critical minerals.“

Incredible news banks willing to fund it without going to market for cash is a huge win. Will generate significant cash for ZEN.

Only up 10% on the news. Turn around now in progress.

Gold assays will hopefully be fantastic but also with Kathleen lithium and gold acreage and lithium starting to fly is this another winner in the portfolio?

I think board have been outstanding when it has come to timelines so no reason why that will not continue, just waiting for results back from the lab.

And exactly you are right we want to see continuity of drill results so as you say proves not just a once off. Reading previous RNS they sound very confident.

Big things shaking and moving in the US and Europe critical metals market as we await next drill results, early next week is my guess.

How much WSHP does CHP own?

I bought in.

Can see 10p on ICSID news over next few months. Also Uranium news rto could land anytime before that.

Yea poor management from old board but they kept it small atleast also I think 0.5p price was a premium at the time and before tungsten price spike so some risk on their part.

Yea £100k added to coffers, solidifies boards statements during the investor presentation that they do not need to raise.

Thankyou ontarget was trying to find it.

More cash in the bank is always good and good to see all have been exercised.

Pay attention to the US and Europe things are heating up again, how high tungsten prices will go is anyones guess.

“ Opening Statement from Chairman @RepMoolenaar on China’s control over critical minerals, and the CCP's weaponization of rare earths and manipulation of global prices that kill U.S. mining. America must rebuild these supply chains and end our dangerous dependence”

What a read!! Exciting stuff.

For those on sidelines the potential is massive, here are some previous results.

11m @ 2.91g/t Au from 11m,

· including 1m @ 16.45g/t Au from 11 m

• 1m @ 39.10g/t Au from 32m

• 17m @ 5.46g/t Au from 42m,

· including 1m @ 9.25g/t Au from 42m

· and 8m @ 9.76g/t Au from 51m which includes 1m @ 47.40g/t Au from 54m

Aaaaand priory has now sold for 10%.

Let me guess you will now spend hours deramping MILA again. Sad state if affairs what markets do to people.

Consolidation phase as we await news.

Not many options when it comes to tungsten stocks and SML is the standout company in the sector. Side note tin on the rise again, all adds significantly to future NPV numbers.

Good post stockcheque.

You have a solar business with significant revenues and high margins coupled with a huge uranium licence with already existing infrastructure in place, this infrastructure and historical drilling probably cost €10s of millions if not 100s.

On top of that you have a chance to multibag your money on successful ICSID.