In this episode, we examine Strategic Minerals PLC and their latest investor presentation, focusing on the significant share price increase since new management took over. The company is employing cash flow from its existing Cobre operation to fund its promising Redmoor project in Cornwall, known for its high-grade tungsten, tin, copper, and silver. With potential to supply up to 30% of Europe’s tungsten needs, Redmoor has the backing of the local council, which has expressed support for mining in the area. We discuss the dual funding strategy of using cash flow and selling non-core assets to reduce shareholder dilution, emphasizing the geopolitical importance of securing a Western source of tungsten. The conversation highlights the potential impacts on supply chains and the strategic value of developing Redmoor.