Sally

It’s not whether you get knocked down, it’s whether you get up

[Switch Metals plc @SwitchMetals]

#SWT drill mobilisation underway at the Issia Project, Côte d’Ivoire 🇨🇮

🔹Rig now on site
🔹Initial target: Zraty hard-rock #Tantalum pegmatite
🔹Surface samples up to 1,230 ppm Ta₂O₅

An important step ahead of the Company’s maiden drill programme at Issia.

[Stuart Hinds @hinds_stuart]

Worth remembering what #GGP believes in the unstable world we live in. Q4 2026 quarterly due 4 or 5 weeks plus the west dome underground assays

https://t.co/Kx1DM6xyhq

[Sally @sally_lines]

Still holding, still believing, and hoping #ROCK becomes one of those investments that reminds you why patience matters 👍

[paul johnson @pauljohnson9691]

With circa £5bn of in-situ #silver #lead #zinc and #germanium, with ongoing drilling right now and work showing resource footprint expansion potential, this UK listed micro junior is positioning itself imo as a major player in the European critical metals arena. Worth placing on your monitor and watching closely. #ROCK

[Out Of The GRND @Outofthegrnd]

New podcast with David Price, CEO of @Rockfireplc

From helicopter #gold exploration in PNG to drilling out deposits of over 1M oz, his career spans four decades and five continents.

Now he's brought all of it to Molaoi.

Listen here 👇

#Zinc | #Germanium

[Guardian Metal Resources PLC @GuardianMetRes]

Tungsten is of critical importance to the 🇺🇸.

In February 2025, 🇨🇳 export controls on tungsten created a huge, global supply crunch.

#gmtl is working to develop 'Made in America' tungsten.

Watch now on the Innovation Report: https://t.co/ThlYCjP3U8

[paul johnson @pauljohnson9691]

Just a major strategic critical metals deposit in the heart of Europe for #ROCK - largely ignored by the market but awareness is growing #silver #germanium

[Peter Edwards @petergedwards1]

#SKA

This specific composition (42.7% Zinc, 29.43% Lead, 17.45% Iron, 5.84% Silicon, 2.57% Aluminium) confirms you are looking at Kabwe’s legendary, ultra-high-grade massive oxide/silicate "sheath" ore, rather than its deeper sulphide core 1/6

[Andy Ton @AndyTon_92]

@enzovillani727 you have a few issues to address with investors ⬇️ maybe it’s time to start being a little more transparent. Also big issues with that ATM STILL paying your massive wages (and Brittany’s) for very little VFM for shareholders. $ALP @AlphaCompute

[Reddit Investor @RedditDeluxe]

One of the few criticisms from Friday’s #EPP investor webinar was there was no mention of hard numbers in terms of revenues and NPV for MESH.

But after Fridays X post highlighting key meetings with DESNZ, Department of Business and Trade, as well as global financial institutions and banks, the reason for the lack of webinar detail seems clear… The numbers were withheld for confidentiality until presented to the government and institutional investors.

It’s worth mentioning before we begin, the figures in the presentation have been corroborated by Siemens Energy who deemed MESH “economically and commercially viable” in the RNS dated 28/04/26

Here are the numbers:

CAES LDES:
Asset life: 30 years
Net Revenues: £100m-£140m pa
NPV8 @ FID: £300m-350m

Gas Storage:
Asset life: 30 years
Net Revenues: £110m-£160m pa
NPV8 @ FID: £400m-800m

Total valuation at FID of £700m to £1.15bn

These are numbers impressive, but they are based only on the initial development of 4 compressed air salt caverns and 8 caverns for gas storage. However, the overall storage license area is able to allow construction of up to 60. Therefore, the quoted NPV8 numbers have the capacity to be multiplied significantly.

This also doesn’t include the revenue figures for hydrogen, high grade graphite and clean ammonia.

Using the projected figures for Graphite (circa 60,000 tonnes pa) and the target grade pricing of $10,000 per tonne (the aim is for the graphite to be refined via a study with Mitsui Japan to create nuclear/military grade graphite, elevating the price dramatically. See RNS 22/10/25 The company estimates revenues of £500m pa.

Hydrogen/Ammonia: This is a harder market to asses as an emerging sector. So based on the initial projected feedstock of 20,000 tonnes of hydrogen, let’s value it when it’s used to create Clean Ammonia as that market is very real.
Ammonia production of 110,000 tonnes pa is projected. The last domestic UK ammonia producer closed in 2023 and as of 2027 there’ll be a border levy on imports so this will affect chemical & farming Industries. Annual revenues for ammonia, based on volatile pricing revenues could be between £55-100m pa.

Risks:

Planning: Key regulatory hurdles now overcome with the gas storage license award and designation as a project of national significance… the section 35 has been massively under appreciated by the market and what was initially seen as a regulatory bump in the road on the way to license approvals is in fact a huge positive as the DCO process substantially streamlines the planning process from here on.

Politics: In terms of political risk the offering is diverse enough to be valuable to any government from Labour to Reform so it is in effect apolitical. (Is Reform going to turn down homegrown North Sea gas, domestic graphite for defence and Ammonia for Jeremy Clarkson and the farming community?)

Funding: Firstly, let’s put to bed concerns of the risk of a retail cash raise. The project needs £100’s of millions to build out MESH and that’s not coming from AIM retail: FACT. Short term the £15m funding is in place to satisfy the initial NSTA criteria (my opinion is this will be sidelined once project level funding arrives). As for strategic funding, this has already been stated it will come from global private sector institutions and potentially from GB Energy and National Wealth Fund, both of which have stated a clear mandate to invest in LDES and energy storage.

MESH has a suite of revenue streams offering diversification through products and industries at a time where they’ll be the only domestic producer of graphite and ammonia, they’ll effectively be doubling the UK energy storage capacity at a time of critical need and demand. And it requires little or no government funding (however GB Energy or National Wealth Fund may invest as mentioned in the webinar)
Therefore, in my opinion MESH will change the UK energy landscape and the lives of a lot of investors.

https://t.co/tncT949646

[Stuart Hinds @hinds_stuart]

Greatland have carried out surveys on their #Telfer territory. Xciite HTDEM at 12.5 Hz was used to capture high resolution electromagnetic images. #GGP used them for the #Havieron discovery and Scallywag surveys

I suspect with the Pinnacles assays they’re sharpening the pencil

[Stuey Beef 🇬🇧🏴󠁧󠁢󠁥󠁮󠁧󠁿 @stuey_beef]

Rachel Reeves has found a way to punish people for investing.

That is the absurdity at the heart of this reported ISA raid.

The Government says it wants savers to move away from cash and into stocks and shares.

Fine.

So imagine someone does exactly that.

They open a stocks and shares ISA.
They buy dividend-paying companies.
They build an income stream over years.
They receive dividends into the ISA.
They wait patiently for the right valuation before reinvesting.

That is not tax avoidance.

That is investing.

Serious income investors do not instantly throw every dividend back into the market the second it lands.

They wait.
They compare opportunities.
They build cash.
They look for weakness. They reinvest when the price is attractive.

That is discipline.

Now Reeves reportedly wants a 22pc charge on interest earned from cash held inside a stocks and shares ISA, under “anti-circumvention” rules.

In other words, the Government tells you to invest, then treats the natural cash management process inside investing as suspicious.

It is economically illiterate.

Cash inside a stocks and shares ISA is not necessarily someone “dodging” a cash ISA cap.

It can be dividend income waiting to be redeployed.

It can be proceeds from a sale waiting for a better entry point.

It can be dry powder before results season, a correction, a rights issue, or a market panic.

That is how actual investors behave.

But Labour sees a cash balance and assumes it must be punished.

This is the problem with politicians designing tax rules around headlines rather than reality.

They do not understand investing.
They understand optics.

They want to say they are pushing Britain into equities.

But the policy says something else: invest, receive income, manage risk, wait for value, and we may still come after you.

That is not pro-investment.
That is anti-investor.

[Peter Edwards @petergedwards1]

#SKA

Large-scale global producers like the Red Dog currently average c. 13.42%

@Shukaminerals_ Kabwe average drill hole grade of 18.02% Zn in the main intersection versus existing high-grade resource of 11.4% on first drill.

#Zinc futures near 3.5 year high.

Mcap £2.5m !

[Sunda Energy Plc @SundaEnergy]

#SNDA has been shortlisted for the Rising Star Award at the @EnergyCouncil_ Singapore Awards of Excellence, alongside fellow nominees Conrad Asia Energy and Matahio Energy.

[Sally @sally_lines]

@British_Airways Hi Chelsea - they’ve just delivered two wrong bags to me - wrong name and been labelled wrongly at the depot. Who can I contact to ensure I get right bag? I need it!

[Sally @sally_lines]

@British_Airways Total chaos at Term 5 Heathrow. No staff available to advise, baggage system failure - 5 hours waiting with no luggage or updates. Gave up went home. Lack of comms frustrating - passengers deserve clear info on timings. #Heathrow #BritishAirways #CustomerService

[Lisa Bedworth @Lisa_Jo_B]

@WyleraH trying to get a replacement for a hair curler that was not made properly. Returned to warehouse recorded delivery as requested and still nothing!! Appalling customer service. Please help!! #getbacktome #nothappy

[paddygall @paddygall1]

From the RNS you can see WRC17902 from 2011 is on the edge of the high confidence envelope

Pic 3 shows the location of the collars of the 2011 & 2026 drills

If continuity is proven it's gonna be a big orebody...

#GGP $GGP @Greatland_GGP #Telfer #WestDomeDeep

[Out Of The GRND @Outofthegrnd]

Eye-catching out of Molaoi

@Rockfireplc's hole HMO-016 returned a pXRF reading of 54.3% Zn at 314.5m

The second-highest #zinc reading ever logged at the project

Field-tool result, lab confirmation coming, but worth watching

Company review👉https://t.co/AIDfYjcB9f

#ROCK

[paddygall @paddygall1]

#GGP $GGP @Greatland_GGP

Good detailed article highlighting the standout performance in the last quarter and some of the positives in the recent MRE update

https://t.co/nuHi8QOb8c

[Peter Edwards @petergedwards1]

#SKA on the Move.