πŸ…ΏπŸ…΄πŸ†ƒπŸ…΄ Profile picture
Nov 8, 2022 β€’ 10 tweets β€’ 6 min read β€’ Read on X
==> Who should take it and why? <==
Discovery of the year @MinesAndMoney
(and others) πŸ‘‰dropbox.com/s/vhjendkh2n7h…
$ACME.cn with a brine discovery after first drilling in June 22, SP still down YTD #lithium
$GBR.v Dixie's discovery/break through was in.... 2018? Shouldn't be on this list. case closed
$AUS.ax 2.16Moz @ 1.21g/t defined yet within a 17km-long mineralized trend with significant potential #Katanning #Australia Some serious HG intercepts (see below) SP down YTD
$RGD.v brand-new #gold discovery in northwest Guyana
$FIND.v #Uranium discovery on their Hook project. Best Drill Hole To Date With 0.90% U3O8 Over 31.0 Metres
$LITH recently completed a second prod well on the Salar De Arizaro project in #argentina, identifying a 255m thick #brine aquifer #Lithium
$GAL.Ax Assays returned from the first of four RC drill holes which intersected disseminated #nickel #sulphide mineralization at Callisto, Norseman Project, Western Australia
$PMET Corvette discovery in Quebec #Lithium +100 holes drilled in first year. Targeting +100Mt MRE H1 '23
Potential adds:
- $ero.to Nickel discovery @ CuraΓ§Γ‘ Valley 29/09/22; intercepts 16.5 meters grading 1.22% nickel. First-pass drilling comprised of 48 drill holes

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More from @Pete__Panda

Feb 3
Never seen such a set-up like $EQR.AX #Tungsten 1/n
TLTR on #tungsten 2/n
- Growing deficit
- No 'easy' projects/mines to 'turn on'
- No 'easy/cheap' substitute
- Global inventories depleted

See posts from @METhompson72, @The_Godas, this gem from Sandvik's CEO and fresh SMM article: news.metal.com/newscontent/10…Image
Image
$EQR.ax MD Craig Bradshaw & CFO Jono Kort in a very recent Q call: 3/n

The market strengthened significantly. Fastmarkets APT prices reached US$1,100–1,398 per MTU (low-high) as of late January/early February 2026, with Chinese prices hitting ~US$1,429 per MTU. Strong demand in China drove global buying (e.g., from Africa and Bolivia).

Downstream consumers (especially in North America) faced 4–6 month backlogs for tungsten metal powder. EQ Resources has strong customer interest, a delivery backlog, and aims for equitable allocations.

Customer & Market Positioning:
- Can sell 3–4x current production
- Backlog delivery expected tb cleared by mid-2026
- Offtakes volume-based at spot-linked prices (FastMarket linked prices)
- Positioning as NR.1 non-Chinese supplier (with expansions)
Read 10 tweets

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