Member Info for Traderboy1

That's right

Hoping for it to come out tomorrow

Perhaps today's rise is anticipating it?

Hope to see the new Zeus report at 7 am Thursday

Excellent piece by Bluegrass about the way the share price can be manipulated.

The trades are small in volume.

No-one who understands the Redmoor story will be selling.

There is no possibility of bad news turning up in the medium term.

We must await further drill results.

Don't be scared into selling at the current share price.

I will not even think of selling any of mine below 18p.

I have already lived 10 years with the share price around 0.3p

Thanks for the BBC link ggg21.

How do we think about the $1-54 billion low estimate in the MRE.

Current number of shares is about 2.8 billion X 4p = £112 million.

If share price were 40p then market cap would be £1.12 billion 0r about $1.5 billion.

I certainly won't be selling any of my millions of shares below 18p

I wonder what percentage Gregory Coffey now owns. it was 3.34% on Monday.

He is well into hedge market tactics and he really wants to hoover up as many shares as he can

We don't need to. We bought at 0.3p

It is absolutely clear that the market is being rigged in order for institutional buyers to buy shares at a low price.

But exactly how do they do it?

Most of us LTHs will never sell out cheaply whatever the price.

Good summary from Barron Investment:

STRATEGIC MINERALS update -

1. Drilling has commenced - drillhole (CRD042) ashowing visible chalcopyrite (copper) and wolframite (tungsten) mineralisation at just 32–34m depth.

2. The full Infill drilling programme will be as large as all metres previously drilled by CRL in total. Pad 4 accounting for 8 holes and 3,850m over 6 months, before moving to further pads.

3. Good to see the Government engagement — A ministerial visit from Blair McDougall MP (Minister for Small Business and Economic Transformation) and Anna Gelderd MP also publicly supportive.

4. An additional 40 drill core samples from CRD040 and 55 historical drill core samples from CRD017 are currently being analysed at ALS Laboratories, results should be with us soon.

5. Tungsten price at all-time highs with APT sitting at $2,975/mtu, up consistently for 15 months, and materially above even the upside scenario used in the company’s own economic modelling.

A new note came out from Zeus but they are still working on their view from last week's MRE.

This is now the sensible SML Board.

See you all next weekend to review what has happened

I agree with this.

Read the Zeus and SP Angel research noters when they come out.

Too many on this board are simply trying to move the price in the short-terrm.

This doesn't matter to LTHs such as myself.

Our only concern is the long-term future of this exciting company.

Found him

Australian hedge fund manager Greg Coffey’s net worth was assessed at A$1.24 billion, according to the Financial Review. Known as "The Wizard of Oz," he is the founder of Kirkoswald Capital and previously featured on the Sunday Times Rich List in 2013 with £260 million.

Who is Geoffrey Coffey and what investment firm is he involved with?

Mont321

You're quite right. Its nice to have a quiet board with people who actually understand what SML is all about.

The ones with knowledge know that day-to-day movement of the share price is of no significance. Very often the price is manipulated as there wouldnt otherwise be many shares available. They need to scare some shareholders into selling.

I am just happy to reflect that not long ago we were standing at 0.3p a share.

I wasn't selling on a 10-bagger and nor on a 20-bagger so why would i worry that the current price is 4p.

IOver time this share only has one way to go .....

The rail line from Kelly Bray closed in the 1960s

Thanks for this.

I do remember the drilling in Florence road from the previous time.

Isn't there supposed to be 2 drills onsite already?

Manipulators are driving the price down in order to scare recent buyers in to selling.

We all know this is going much higher.

If you understand SML then why would you sell ?

I was hoping for a clearer outline of the work through 2026 and into 2027.

We know that there will be a program of infill drilling . Even the number of drill pads was unclear even though it is said to be fully-funded.

Will the PFS be produced in 2026 or 2027?

They seemed to be very reluctant to disclose much information that is not already in the public domain.

Interesting to hear in the webinar that current sp is only 6-12% of the value of the resource.

Plenty of upside then!

An interesting fact mentioned in the Zeus report:

To put it in context, the new MRE contains more tungsten than is currently mined in a year globally