We would love to hear your thoughts about our site and services, please take our survey here.
I've added more to my pile here - if (as anticipated) the PEA is positive then we can expect a sharp rise in SP. Anyone buying in at these levels could be on for quadrupling their money in the next couple of years if things go well.
A question for those more experienced in commodities investing than I...
Cornish Metals seem to be on a winner here. Looking at it as a lay person...
1. Existing mine infrastructure largely in place
2. Large tin reserves proven, with yet more inferred
3. Huge local support for the project
4. Easy access to much of the tin within the mine
5. Other useful metals present within the mines and general geology
6. Tin is on several critical minerals lists around the world
7. SC is a world class tin resource
8. Management of CUSN appears to be excellent
9. Various conflicts around the world and general geopolitical unease means having a stable supply domestically is even more valuable
10. The world NEEDS tin
11. CUSN is well-capitalised, well-run and has minimal debt
12. There's very little in the way of environmental impact of the project
13. It provides economic stimulus to an area of the country in desperate need of it
14. Tin price is sufficiently high to ensure good ROI for investors
15. The water treatment plant is improving the health of the red river
16. There's possibility of heating homes from the geothermal energy
So with those in place, other than an (unlikely) collapse in tin prices, what would get in the way of raising investment capital? Surely this is an open goal of an investment - especially at current stock price?
Just wanting to make sure I look at this from all angles and not just my rose-tinted glasses having grown up near the area!
I’d imagine so. There’ll also be updates on the progress of the de-watering. 20% complete, 50% complete etc. That, fund raising and tin price updates will determine SP to a degree I’d imagine.
My thesis here hasn't changed, despite my position being worth half of what it was a short while back.
The world needs tin. South Crofty has tin in abundance. It's UK based, meaning security and reliability of supply are a given. With recent global events showing how quickly supply chains can be destroyed, this can't be under-appreciated. Tin is it vital metal, and it's here.
The management team are very, very impressive. The updates to market are more frequent than any other company I invest in. So far it has been nothing but good news. Seemingly every infrastructure project is delivered on time and on budget (another sign of effective management).
The global economy is dragging at the moment, but that won't be the case forever. When global growth upticks, and the need for tin goes with it (those electrical items aren't built from cheese you know), a productive South Crofty will see the Cornish Metals share price fly.
I trust Richard Williams and the team. They've been quietly getting on with the job of turning SC back into a productive asset. I'm not especially interested in the share price. I will continue to add, and I'm very confident that when we look back in 2-3 years, we'll be glad we stayed the course.
Own thoughts (obviously), do your own research (obviously), but my advice is to ignore the current share price and focus on the long term. There's no other tin project in the world with these advantages.
My thoughts exactly. I've been lucky in that I only started buying around the 400p mark - some higher, some lower. My average on the share is 405, so I'm happy for it to be anywhere north of that and allow me to keep collecting my dividends!
Incoming merger, cost-cutting plan in place, stable revenues, a (seemingly) serious agenda to improve performance, falling debt, stable dividend, assets to sell, cheap share price.
I'm in no rush on these, so I've just bought a few more at 83p. I'll happily sit and wait on them, hopefully picking up dividends and a favourable capital gain in the process. I'm largely banking on the dividend remaining stable(ish), so time will tell if I'm right or not.
Another opportunity to pick up more shares. My logic is simple...
My average on this share is 405. The upcoming div is 20.7. The share price has to tumble a long way in order to put me in a losing position!
Aviva now the second largest position I hold in my portfolio.
With potential continuing uncertainty ahead, I've moved more of my money into these big, dependable stocks. I'll happily sit on this, collecting the dividends and mopping up more shares every time it dips below 450, which it regularly seems to do!
What TV programme is this?
I've topped up a few more shares today. I like how the company is run. Lean team, all professional, regular market updates, important product, plentiful supply, easy access, difficult to replicate.
Can't see anything but success here.
It’ll be interesting to see if the share price trends up slightly over the next few days, thanks to exposure of Cornish mining on Countryfile.
Although CUSN wasn’t mentioned specifically, it could pique the interest of a few investors who stumble upon the company through research.
Excellent news to wake up to!I'm trying my hardest to exercise a little caution here and not throw too much at the potential! Once this moves into full scale production, we should see some serious rises in the SP.
Having spent some time in Cornwall over the last few days, I've topped up my shares in this, and I think I'll continue to do so over the foreseeable.
A domestic mineral supply, a requirement to access said mineral supply, improved infrastructure in Cornwall, rising commodity prices, a world that is likely to come out of recession in the next couple of years and a need for investment in the county.
All just feels like the right product, the right share and the right time.
A decade from now I think there'll be some very happy investors in CUSN.
I agree, but if the sale you're referring to is the 50k shares, it's a minor amount of money relatively speaking.
Personally this is a long term hold for me. I'll barely look at the share price - it's the direction of the company I'm interested in. Perhaps 5-10 years from now we'll all be sat on a nice profit from those mineral reserves buried under Cornwall!
As a former Cornwall resident I've just dipped my toe in here. I'm optimistic about the company for a number of reasons...
1. The growing need for the metals and minerals both domestically and globally.
2. The impact it can have on Kerrier and potentially further away - maybe even Scorrier and Penwith.
3. There's growing activity in the company and a pressing effort from the board to return Cornwall to the mining forefront.
4. Proven, untapped reserves.
5. Lots of area still to explore, potentially turning this into a much, much bigger project than many anticipate.
I just hope it isn't another false dawn. Since I was a young boy there's been a bubbling movement to make Cornish mining viable again, but it hasn't ever come to fruition. Let's hope this time it's different. It certainly feels so.
Whilst the share price is largely impacted by domestic issues, the rest of the world isn't struggling 'quite' as badly as us. It's a global bank, so there's still opportunities to earn elsewhere.
When Dollar denominated earnings are converted back into Sterling, there's an automatic gain.
On a long enough timeline this will feel like a bargain. I've just topped up.
Possible market over-reaction in my opinion.
I live in the north west and know a lot of people who work for NCC. They all say the same thing - they're really busy, winning new work and are growing constantly.
I've been an investor in NCC since 2011, have ridden through the good and bad with them and consistently topped up. In a world where so much is connected to the internet (even my washing machine!), everything is hack-able therefore internet security is only going to be more important.
Perhaps NCC isn't a 'fashionable' share, which means it gets forgotten about. I'll just buy some more now they're back on sale and wait for the next rise. I'm in no rush on them, so I'll enjoy the rises when they come again.