Member Info for Lupidog

Yes, along with the "share holder value" label. However I am slightly more optimistic that you at 1.5 - 1.8p on PEPR and funding. £30m mcap does not seem unreasonable with 2 sources of income.

"I mean now you've really started me off... the facts are SML could have started LCCM up with the money they've paid the BoD in wages and bonuses over the past 3 years that they've owned it. I mean its such a tiny sum, just $2.2m to start up Paltridge North? If its true, get on with it! "
An extremely good point. This returns us to the "lifestyle" debate.

that forget or have missed:
https://www.youtube.com/watch?v=WMnnbgnHuPU&feature=emb_logo

https://www.criticalmineral.org/post/q-a-session-5-cornwall-resources-tin--tungsten--copper

I need to stop talking and just let you post. Excellent information.

I understand the money is in the WO3 from your fine explanation.
Would I be correct using 600kt x 0.58% WO3 with 72% recovery (@$240t) = $60mpa
So the operating cost would be $45m and the income from WO3 and Sn would be $69m not including any copper and leaving a positive pre tax of $24mpa?

Feel free to join in DVH. We need to kick this back into life as it obviously has legs. They just fell asleep.

Surely if Tin is the requirement of the day then mining W for profit will also bring the Sn for profit. So while the majority is Wolfram, the Tin may be the catalyst. In monetary term the in ground value for W, Tn, and Cu looks excellent. I have nothing yet to compare it to other operations but am looking.

Thank you SW. The recent movement was spurred by something, be it a simple Tweet or other external force. I doubt if it was the reality of what we have, as we have known about this for months. I can understand PW saying we are undervalued, but have to accept that the Market is either ignorant of what we have as we seem to have no great publicity, or that we are correctly valued. It needs another external "push", a nice burst of publicity or the PEPR/funding to set the wheels in motion. As much as I dislike the whole concept of LCCM, it may well provide the funds to forward Redmoor. Alternatively I am not against selling one or both as this has gone on too long. We should be at and LTH invested on the premise of LCCM production 2 years ago funding our future. How do you value an inferred resource in a stable safe country with reasonable geographical access?

Obviously not you Fira. Enough is enough. Bye.

That's big. Why is Twitter not on fire with this?

We (Redmoor, under New Are res) get a mention on page 18 under:
Top 15 undeveloped CRIRSCO-compliant tin resources by tin content

https://www.internationaltin.org/wp-content/uploads/2020/02/Global-Resources-Reserves-2020-Update.pdf

Does anyone have any information on any Tin mines/Mining companies inferred resource as to be able to cross reference that with share price (if listed), sale value (if sold), etc?

for sorting out the numbers for me. I thought it looked high when I did then ans I was still short of Cornish's totals.
So, I will not be "ramping" next week when talking about $2.5bn in the ground. Simply pointing out facts as derived from the published information. Of course this is separate from recoverable, costs and taxes, which I shall also point out. But it is a nice figure to have to wave about. Someone needs to shout about this as we don't seem to have a public relations employee.

This is worth those who tweet, tweeting:
11.3MT @ 0.56%WO3, 0.16%Sn and 0.5% Cu.
63280 Tonnes WO3 ($1.52 Billion)
18080 Tonnes Sn ($416 Million)
56500 Tonnes Cu ($452 Million)

Because that adds another billion and I am partial to billions.

That's correct and the figures you gave were exactly what I was after. Is the inferred tin 0.16% or 1.17% as stated by Cornwall Res?

Thank you very much Cornish. That's a lot of money. I notice the inferred rescource for Tin by Cornwall Res is 1.17% as I first calculated at 0.16%. https://cdn.website-editor.net/c077baaab49a4754a58400443da010c1/files/uploaded/191111%2520Redmoor%2520project%2520-%2520PDF.pdf
Conclusions 7.0

My basic understanding of 11.7mt @1.17% SN would be that we have 1.17% of 11.7mt of tin. I do not put any recoverable figure in there, simply what is inferred in the resource. It would be good to know the value of what is in the ground and how this is actually calculated. That way we can throw an actual value around to emphasise the project without being incorrect.