Member Info for aaand_its_gone

I don't think anyone is happy with the share price locked at 8p, but it is expected until milestones are reached or terrible news occurs. I don't know what you expect fellow shareholders to do? If you think we should get out why haven't you? I think most of us have built up a position in a fairly illiquid stock that can be moved with relatively little money. The huge comfort factor is that the UK govt wealth fund are backing it, as are the local govt with a £4M grant. Unless parts of the mine collapse I can't see a problem other than delays. I fully expect CM price to eventually triple from here, maybe in a couple of years. Others are much more bullish, I hope they are right.

It will move North strongly the day after you sell it all out in exasperation Gingy. That's how sod's law operates.

Thank you Tortoise123. Ah well, at least there wasn't any bad news.

I forgot to register also. Any snippets gratefully received.

Yeah trust me I didn't forget, I was including that in daily natural variability, the Grok chat is so long I just cut to the chase. 7 to 9 range basically. Under 7 fill your boots.

I plugged all the info into Grok and went into quite a lot of detail on dewatering etc, and the result was that dewatering was estmated to finish in Feb 2026 (a little later than CM Q425 target) and production estimated to start end of 2026/start of 2027. Interestingly it predicted the price would be stuck at this level until very close to production (with usual daily variability) as the big boys are not interested at this stage of the Lassonde curve for a small company. But then it ramps. Sorry Gingy looks like you will have to be very patient for two years.

When I plugged everything into Grok and asked what it thought the share price should be based on fundamentals only, it came up with a range of 8.4p to 9.9p in the short term, ticking up as time goes on. If it goes to the 7s again - fill your boots.

What did you expect? The dewatering target finish of Q425 has not changed. This is positive news, i.e everything going as expected.

Well, pretty much everyone who sold in the last 2 months is now looking at a loss. Who understands these people?

I hold a lot more too. Got to be in it to win it.

Best get out then Gingy

All I know is that every day we see a sea of small buys and a few relatively larger sells, with someone sitting there on the sell price. Daily volumes not actually that significant. Seriius buying appears in the 6's.

....and the cap pulls back to 8p. No news that I can see.

Gingy if you look through their presentations you will find the exact figure but it is in the region of $13,000. They have such a low estimated cost of production that if the tin price collapsed they'd be the last man standing.

I have a funny feeling someone is hedging tin price trading with Cornish Metals. Tin price ramps and someone is always there on the sell. Tin price drops and relatively large buying emerges.

Q1 results will be released in May, with update on dewatering progress.

I'm regretting not picking up more below 7p. If it gets to the 6's again I'm going all in.

Gingy - why are you invested?

Whoever sold 6m shares at 6.5p is around £60k down now. I'd love to know who it was and why they did it.

Congrats Gingy, but I reckon when this puppy is in production and we are north of 50p The difference between 6.5p and 8p purchases won't really make that much difference. My average is under 8p and I'm happy with that given its price history and future prospects.