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No offence taken! This feels like the calm before the storm to me. At some point the market will clock that Cornish Metals is looking solid and the tin price is rocketing.

Then why do you constantly worry and post about the tin price? I thought I was doing you a favour by helping put your mind at ease. 😁

Tradung has been halted for the company on pending news....

Tin 📈📈📈📈

Looks like the dewatering and shaft refurb is going to plan.

Tin price 33460 📈

Gingy, by any chance are you hoping this price goes to 6p so you can top up? Just taking a wild guess here.

Tin 32900

Q4 results and dewatering progress are to be released on Thursday 13th

I asked a question on shaft work progress on the investor hub and got this reply today:

"The team at South Crofty is progressing with the shaft refurbishment and dewatering workstreams and we will include an update and depths reached in our Q4 results to be released next Thursday 13th March."

I would tentatively say that sounds positive? 🤞🏼

I think for 6p we would need some bad news, which is possible of course. If good news then I don't think we see sub 8p again.

Buy opportunity. Those of us that missed out on the share offer can potentially now pick up volume lower than the offer price. Happy days.

I just don't see this failing now, bar some apocalyptic mine event. The fact the government has invested millions is in my view effectively a guarantee of future investment. Can you honestly see this govt allowing the project to fail due to a lack of finding the further investment required? In the unlikely scenario the company is unable to find final funding I can see this govt stepping in and adding to its stake. Absolutely everything looks positive. Mine deposits strongly hinted to be much more than in the previous estimates. Tin price forecast to rise by many. What's not to like? I've added to my holdings.

What I never understand is who is on the selling side? For every big day of buying someone is sitting there on the offer. Why would anyone sell out at this price given all the positivity?

Hi guys, have you all had your retail share offer via your broker? I'm with Freetrade and haven't seen anything. Of course there is no phone number to contact. Cornish Metals said to contact the broker.

The only things I can see that would not make this a no brainer strong buy would be some kind of dilution of shares or a catastrophe in a shaft or a much lower tin yield than calculated. If anyone else has other thoughts let us know. I just can't see this failing and am very optimistic about the share price going forward. If this isn't attractive to big investors given the tin market dynamics going forward then what is?

Just impatient 😁

This has been one of the longest periods without an RNS. A xmas present from Cornish Metals would be nice.

So Grok is fun. Obviously, usual caveats - it's just AI and not investment advice. Anyway I uploaded some info and asked this question:

So, with the announced significant near-mine exploration target, funding secured, dewatering and shaft development successfully concluded and projected production of 6,000 tonnes per year and a tin price of $40,000 what is the estimated share price?

Answer:

Cumulative Effect:

Given we've already calculated:

Post-exploration target: 14.43 pence

Post-funding: 19.48 pence

Post-dewatering and shaft development: 25.33 pence

Now, with production at 6,000 tonnes/year at $40,000/tonne, we adjust from the last known price (25.33 pence) to the new valuation:

Final Share Price Estimate: This scenario suggests a significant jump, considering all milestones have been achieved and production has commenced. We're looking at an increase from 25.33 pence to 71.73 pence.

With production at 4,700 tonnes per year and tin price of $30,000 it gave a final figure of 42.15p

Food for thought!

I think we are approaching the point where, if there are any speculative shorts (why???) it is squeaky bum time followed by capitulation. This is only going one way.

I think this goes up x10 ultimately. Maybe doubles in the new year once expected funding is announced.