Member Info for Tungstenman

That goes without saying- DYOR

Thanks for the advice TTP - it appears you have sold out so why would you still be here with your wonderful mining wisdom. Can you check that Bot isn't coming from your computer.

This 1 hour presentation should be watch by all serious investors and future investors in SML

https://www.youtube.com/watch?v=WVv3RgH2F_I

SML is a once a decade opportunity

Oh here’s TTP - LOL

Https://www.investormeetcompany.com/meetings/investor-presentation-944

There’s been lots of mining noise over the past few years down in Cornwall. SML has been very much under the radar but drill results last Monday confirms that SML is the Daddy of them all. A sleeping giant.

Fully funded , no need for placings the Board reiterated on Tuesdays Call. Tim results are imminent.

Stocksandstuff - I totally agree with your comparison to EEE and how that evolved from a tiny acorn. The SML situation that is now unfolding is a once in a decade opportunity for investors to potentially make life changing returns.

Looks like the grades and resources are way bigger and better than anyone could have envisaged. Yesterday’s presentation from the Board was polished , professional and concise. They are focussed on working all 3 assets and creating substantial shareholder value.

Newsflow should be very brisk between now and the year end with Drill results from the numerous holes being released. Q3 Cobre numbers due alongside a progress update on Leigh Creek.

Zeus had a value on our Cornwall asset of 6p before the drilling. If the size of the resource increases say 50% then we could be looking at a value north of 10p. The board reiterated the high grades that are being returned from the lab also and this could easily add another 5p of value to Cornwall. We then have Leigh Creek being negotiated for sale at $9m AU dollars (£4.5m) Then there’s Cobra delivering very strong cash inflows of $1.5m to the SML Group. Using a multiple of earnings of 8 the value of Cobre is comfortably worth $12m US Dollars (£9m) .

We could easily be looking at 15p a share here and that’s before any corporate action on our prized Cornwall asset.

Based on the current share price of 0.8 there’s a potential 20x or 2000% uplift here. DYOR research as always and worth reading the Zeus note.

On solid ground - excellent summary of what’s to unfold. I see this heading back over £1 with ease when you consider the sum of the parts. You missed one non core issue that could also unfold - the large VAT refund.

Comfortably through 50p today as the shorts scramble for cover.

£16m Market cap - £7m cash in Bank and no debt. Nigel Wray and Schroders increasing their stakes considerably. Director now buying again too. Feels ripe here at 7p

The share is going through are rate process and the price will remain volatile as a result. Large Short term swings allow institutions to take full advantage of weak retail investors. Institutions fully understand what is on the menu here and they want a big part of it.

Trout I think your assessment could prove to be correct. These sells are being mopped up by in a very grand way - don't be surprised to see a TR1 as institutions position themselves. The board mentioned that many institutions had been in contact showing a keen interest in the largest Tungsten deposit in Europe.

Sells are in the price Headcase - we will see this move forward consistently now. You should make an appointment at the Doctors, clearly very unwell.

That Troll is probably the same person. Seems very very bitter and twisted best ignored and don't give oxygen

Brilliant Chesh - The depths and lows some horrible people go to. Onwards now

Spot on Chesh - serious re rate coming.

We want this through 50p today and a proper re rate ahead of the My Protein deal. Disposal news and Vat refund on top of this too.

Taking on a completely new dimension Now

Multi handle man de ramping in full operation - looks like TTP with 6 Guy Fawkes Costumes on. Sad - Try ignore the noise as this multi handle poster appears to have an agenda