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Compelling Investment Opportunity: Why Now is the Time to Buy, do not delay.
The recent decline in share price presents a unique buying opportunity with no operational or corporate reasons for the drop, as confirmed by the board. Despite a 10% rebound on Friday, the stock has experienced a net 35% decline over the past five working days, creating an attractive entry point for investors.
Strong Project Fundamentals and Positive Economic Assessment
Last month, the company announced a highly positive preliminary economic assessment (PEA) for its South Crofty tin project in Cornwall. Key highlights of the PEA include:
- **After-Tax Net Present Value (NPV):** £158 million
- **Internal Rate of Return (IRR):** 29.8%
- **Project Viability:** Confirmed with a robust 14-year mine life
These figures underscore the significant economic potential and long-term viability of the South Crofty project.
Ongoing Strategic Developments
The company is actively engaged in several critical activities to advance the South Crofty project, including:
- **Shaft Refurbishment:** Enhancing infrastructure to support mining operations
- **Mine Dewatering:** Ensuring efficient water management to facilitate mining
- **Water Treatment:** Implementing environmentally responsible practices
- **Exploration Drilling:** Expanding resource potential
A comprehensive technical report detailing these activities and their progress will be filed within the next 45 days, providing further transparency and confidence in the project's advancement.
Upcoming Financial Results
Investors should mark their calendars for May 23, when the company will release its first-quarter results. This upcoming report is expected to provide additional insights into the company's financial health and operational progress, potentially serving as a catalyst for further share price appreciation.
#### Conclusion
Given the absence of operational or corporate issues, the substantial economic potential of the South Crofty project, and ongoing strategic developments, the recent decline in share price appears to be a market anomaly. With upcoming financial results and a detailed technical report on the horizon, now is an opportune moment to capitalise on this temporary head scratching dip. This stock represents a strong buy for investors seeking to benefit from significant upside potential.
You are making an investment recommendation for investors to buy teh stock.
Are you a certified investment professional?
You are required by law to be before you can make such an investment recommendation, as per the FCA.
Mms not giving quote to buy any large amounts
Expect further rises tomorrow. Fast reversal looks possible now. Gap up to 12 pence looks on the cards.
Well done Cornish holders.
See you all tomorrow for some more investment advice on the opportunities here. 😂😂😂😂
Same Again. Not giving quote to buy any large amounts
6.6p to sell. MMs want shares.
Most share holders with any common sense will have read between the lines, they retaliated with a response to the price dip on Friday and at the same time told us that they will also be releasing their unaudited financial statement and management details by Thursday, BY Thursday, so any moment?....just my opinion please read the RNS's etc
About to turn blue my favourite colour
Many peeps from VAL profits piling in now. Canada market also opening back today. Will be interesting to see how the day develops.
Quick jump back to 12 pence on the cards here. Quality company with great prospects and quick pay back. STRONG BUY
opinions are allowed ********aimus
🤷♂️
Are you on the right board?
It's going to take something substantial to get this anywhere near 10pence. It seems someone is still selling on the rise, pulling us back down.
After a lot of reading on other tin mines over the past few hours, I have decided to sell off with a very modest profit. Wishing everyone the best. The project looks fine, but my concern is a pull back on tin prices and what we are seeing is a commodity price top across several metals. I could be wrong and it may go back to 10p and regret not staying with it. However, the price revaluation here may have just hit here a lot earlier than elsewhere in the sector. Good luck to the longer term holders. All the best Tony PS it will probably now close at 7.5p
It will be interesting to see what the Canadian market does today. Earlier it was getting close to blue and then a few sales occurred. Prices of tin increasing. All good here!
Very best of luck whatever your decision, however, I am an investor and see this price as a gift, 1 pence away from the lowest is a decent gamble and if it ever decreases to that I will buy more if possible, in my opinon, obviously. Tin mining in Cornwall again is Historic and is only possible because of the price of Tin
May take a while to recover after that drop given our development stage, so expecting a slow burn unless there’s news. All the talk about tin prices is a little premature as will be a while before we are producing and getting the benefit
why is there a quick payback here?
is there dilution / funding in due co****? let's hope it's not as circa 6p
Super strong buy
Canadian market up 9.5%. Let’s hope for the same here today.
ATB
RNS
Cornish Metals Inc. (AIM/TSX-V: CUSN) ("Cornish Metals" or the "Company"), is pleased to announce that it has purchased approximately 7.7 acres of land located immediately adjacent to important surface infrastructure at its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom.
Ken Armstrong, Interim CEO and Director of Cornish Metals, stated: "The acquisition of this land parcel is of strategic importance to Cornish Metals, increasing the total land area owned by the Company to 28.5 acres (11.5 ha). The purchased land includes the location of the North Winder for New Cook's Kitchen shaft, South Crofty's main production shaft, as well as a large area adjacent to the proposed site of the project's permitted processing plant. The land will provide additional space for future site works as well as opportunities for potential operating cost savings, renewable energy initiatives and improved overall property security. Importantly, the enlarged surface footprint for South Crofty now removes reliance on existing right-of-passage agreements and allows the Company complete control over the timing for refurbishment of the North Winder."
Super strong buy
Canadian market up 9.5%. Let’s hope for the same here today.
ATB
Sorry for the repeat message not sure what happened
8 pence goes then it is a quick gap up to 12 pence. It has definitely turned now and never should have fallen so low. The best Tin play in Europe, with great grades an a big company behind it. This is a quality company guys. Strong buy.