Tungsten West Share Discussion Threads

[m_night10] 14/11/2024 08:11

#POLX Polarean Imaging 1.6p about to break out above 2p soon. Mcap only $20mil. I see it as a steal for the FDA approved Xenon MRI. No company debt, masssive growth potential in the worlds biggest health market the United States where it's already in 21 clinical settings, best in class next generation MRI. Revenues rising up 3000% to $3mil for 2024 and doubling again next to $6mil in 2025. 1.6p and gap to fill to 3.2p, so 100% rise just to fill the technical gap. ATH 100p. My target is recovery to 25p.

Cash runway to minimum of Q2 2026, looks set to be extended given revenues ahead of expectations.

Putting this UK recovery play potential on radars.

1. September 18th 2024: Interventional radiology vendor Merit Medical to acquire device portfolio for $210M.

APPROX 13P SHARE PRICE EQUIVALENT FOR POLX


2. September 25th 2024: Private equity firm acquiring diagnostic imaging provider for $658M

APPROX 48P SHARE PRICE EQUIVALENT FOR POLX


3. October 14th 2024: Hologic to Acquire Gynesonics The women’s health company will be purchased for approximately $350 million.

APPROX 22P SHARE PRICE EQUIVALENT FOR POLX

4. Bracco current major TR1 Holder of Polarean splashed out $450MILLION for a diagnostic buyout

POLX easy buyout target imv and big riser. DYOR, not advice.

[cyberbub] 06/11/2024 15:07

Yes I know the mine itself still exists, I remember Wolf. Still they need to raise plenty of capex I would assume. I'll DMOR in the coming days. Trump incoming may depress mining shares IMO, although we'll see.

[millennialinvestor] 05/11/2024 11:30

The mine already exists from Wolfe Minerals.
However it is the ore processing plant which has major problems.

Watching from the sidelines at the moment, still think this will drop sub 2p short term.

[danmart2] 05/11/2024 10:54

You need to research where they are up to

[cyberbub] 05/11/2024 09:09

Just looking in here, with a market cap of £5M how does the company intend to find the equity portion of the capex package to actually build the mine?

[millennialinvestor] 22/10/2024 13:59

You would hope so. Fizzle out to sub 2p me thinks until bombshell news. Worth a punt sub 2p again.

[danmart2] 07/10/2024 17:53

I heard some positive news today, they are still pushing to get the mine operational.

[martin collins] 02/10/2024 11:47

Back trading now see RNS.

[millennialinvestor] 01/10/2024 14:12

Shares suspended

"Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, announces a delay in the completion and publication of its audited accounts for the year ended 31 March 2024 while the Company progresses its Tranche F funding under the Convertible Loan Notes ("CLN"), comfort over which is required for the auditors to sign off on going concern. Accordingly, a temporary suspension of trading in the Company's shares took effect from 7:30am BST today, 1 October 2024.



The Company has received letters of comfort from certain key investors that they will support the Tranche F funding and anticipates that it will be in a position to provide an update and publish its final results shortly, following which trading in its shares will be restored. A further announcement will be made in due course."

[mr prupa] 11/9/2024 19:47

Any news here?

[danmart2] 15/8/2024 12:45

Thank you for info

[bigdrunken] 15/8/2024 09:37

New CEO appointed!

Hallelujah. This can only do good things for the share price At least get us up to 6-7p like before……..you’d think, anyway.

[danmart2] 14/8/2024 07:45

Any new updates?

[millennialinvestor] 25/7/2024 08:28

Still at 150% profit, happy to hold.

[dudishes] 25/7/2024 02:58

Should have sold at 6p maybe?

[danmart2] 12/7/2024 17:45

What’s the latest news?

[millennialinvestor] 01/7/2024 14:40

Naturally with low liquidity shares, there is no real volume to move the price either way and brokers increase their spreads which locks any movement until volume returns.

[mr prupa] 01/7/2024 13:11

Out of curiosity, why the low liquidity stock tends to fluctuate around a certain price? Is this related on automated purchase and sell orders?

[millennialinvestor] 27/6/2024 10:25

Not for long, TUN holding strong waiting for the next leg up to 10p.

CUSN sinking to record lows. No hazl or Ron to be found anywhere.

[seedoftongo] 13/6/2024 19:41

The pasties still have it … the pasties still have it ….

What will happen when the TUN line crosses the CUSN line ?
Golden cross ?

[millennialinvestor] 13/6/2024 08:23

Thread isn't dead, just nothing more to add or conspire about at the moment.

[7rademark] 13/6/2024 06:57

This thread is dead. If anyone wants intelligent research I'd suggest switching to TUN LSE CHAT.

[7rademark] 12/6/2024 16:44

I'd ignore the closing price

[gkace] 12/6/2024 15:45

it's going higher. much higher

[7rademark] 12/6/2024 14:58

Well a frustrating day given the news. It seems few understand the implications of today's news. Unless Tun get spreading this excellent news and sort funding quickly they may find themselves a takeover target.