Member Info for pawgee

Thanks MO - The information is out there.....just need to mine deeply to find it(pardon the pun)
Can't help doing my own back of fag packet sums to try and get a scale of what CL could be siting on......
Trelavour (hard rock) JORC identified 302,700 tons of LiCarb (LCE) at $15,000/t = $4.5 billion, over 20 years =$220m per annum gross.
For lithium brine CL think each site could produce 1,000 to 1,500t LCE @ $15k/t = $15m per site (lower estimate). In time, there could easily be 10 sites covering 700 sq/km licence area = £150m per year.
Once production at full scale annual gross revenue could be $370m .................Fantasy numbers? .......IPO figures will be very interesting to see if I'm close.

CUSN have a nice slice of this & as you say TIN, COPPER, ZINC, SILVER are the CUSN baggers. Also, don't forget Nickel King in Canada.

https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/larBZ_eNOQrvhPQmNrBRHNHxcQcpMSwrG0HMZsFtFuE/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3FNK3S2M5%2F20220901%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20220901T110928Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEOb%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCWV1LXdlc3QtMiJGMEQCIBGymQQ64z5HyfCtwpN8LbyuMQN87AspqXnV6UOVrOGpAiBv%2Bit8tkxStQLh9jwh3uKtUAUICLf7FL3%2FpeC19B9L6yrTBAhvEAQaDDQ0OTIyOTAzMjgyMiIMk1mSvOu52jgED%2FXZKrAEdoXRzAwSR4b8uHQYr6jri%2BvhFbR%2BAthmlaFeDaS%2FmqDC8ykX4mMkD9Uo3s6ge%2BfNr3lYSCcJNeyMi57wdVBugSUMc3HMPJuJwmxz1gmFgRYB5loiPNrXVjB%2Bb7QQ5xW%2BnSyFvTgrFNl%2FvIpg2NDhzGI4vWNsH%2BKA2MuExKi%2FSL2rmr2sDqEqBjvL4AIYQ5B7fM7MttBNsMrnNFXeutwxwG715aMU%2B0pjRGonQBpzCjaNQr2NL%2BNP6yLYKPWSsZwAz3QBt9SgHxtoCRXrXe7FgNxCOpk%2BJBotqK9A9uvMpV2gcfQ9eLjy5CpyLVkq%2BJiTKebOX4Wd0KbP8fCMYAtYsGgeCzZWVIqNJAPJrEAjUV3OWe%2B4O8XGYUBEc0UnPywYP4yWbDrAIV6ajsv5iysCxIIH1ZfrDaWV%2FtqUDAZsOoxGeorZiFsQfbwB6uVN31Vid6R6Cw25gfgEu7mue0Xj5UpvrVzOOep4dxdexSdfaYlDNHYiovkgqRydlZrjyilEqeB0f%2B3wDPyxIPdD3%2FP%2F3PPjz7NpYoTBxkxkvICUiZk99RfHKMWpZYxxyP%2BJmG%2BM8vMLFHP9TNODrx8ZJzU39zFFDcDEdnVBhxT9vSoUsbvK6U7VAY%2BPVXhiomUf0ONSTFIPUXag%2BNo1KO1HWgLh77WpUgg%2FeIdTnzr5P5Q6snhAZq%2FotQGrs%2B7vlIMVnBlKC6aSk5tYynwLSS0OiaA%2FC0HPUN%2BzyrlTYFflS0pFTdYw1ojBmAY6qgHmOMs6w0U1WdS8V4k9tnY2YTtLy%2F%2Fawu64uZXuFLGwc5fteIz1Wtl2Tgq8AkMZ2YZuToO3xbaWkwctA6H%2FOe6ApJm4lbGdZg2XNd9tExPnAEvgw70uYVenJcmFTyscTqtIFPppOc5O4PgqlK8Sg8QUNtDUZeKDAm7KYfxTBJdMsfygscI6aG7%2ByJeEdoDb%2FwZYf2sMfkOFf038%2FUFLHL6e9z26DOk8hn9NNA%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%2210205021_cs01_2021-10-25.pdf%22&X-Amz-Signature=ee0ef0086c73865523a9e3261e7f57925c4ece4f5156034e8e58303a4a97220e

Vii - This link should take you to a 13 page confirmation statement (sc01) dated 25 Oct 2021, which lists all shareholders.
If it doesn't open go to CH page for CL, click "Filing History" link and it should be there.
ATB

Great post MO
Also, consider who the other shareholders of CL are aside from TechMet and founders of CL? All available on Comp House website………Norwegian billionaire, ex deputy governor Bank of England, various mining/private equity heavyweights, etc

Hmmmmmm … I wonder what these guys know? No major flaws in shareholders = no flaws in management. And of course CUSN has a big interest in CL

Big momentum, but very little background noise in media , until IPO hits the airwaves

Agree - next 10 years look rosy

Vii - Its on BBC2 - The Great British Countryside (Devon & Cornwall) at 13.20pm. Start 30 mins in. Some nice core samples on show.

https://cornishlithium.com/wp-content/uploads/2022/07/Corp-Overview-Jul-22.pdf

Fira- I’m not aware of a preferred option, but CL has just undertaken more work on the hard rock project with their scoping study.

Full detail on lithium brine DLE is yet to be released, but expect this to happen in conjunction with IPO.

Attached is useful link on both projects

MO - If CL IPO is as successful as I think it will be, that forecast could be on the low side. CL CEO stated that lithium brine resource is “globally significant”…….Cornwall could be the new Chile! CUSN has a nice slice of the pie.

https://www.mining.com/teslas-battery-metals-bill-balloons-to-100-billion/

Huge demand waiting to be supplied by Cornwall

MO - Great call on Fridays’ closing price - 21p
Looking forward to future predictions & especially those which have a £ featuring

Imho very brave/foolish to short CUSN at the moment! Any day now CL will release info on IPO, which will establish value of 25/10% royalty stream and value of CL shares held by CUSN. Expect a healthy sp adjustment!

Thanks Vii. It’s interesting also to see that volumes have been very low in recent weeks. Like me I expect many are holding onto their shares with the prospect that the lid will blow off the can with CL’s IPO and the realisation just how valuable CUSN’s royalty position is. Like MO suggests in previous posts, good days lie ahead .

The CUSN share price between TSX and AIM has crept to a 30% difference over the last couple of days.... 17.75p v 23p ( 0.36 C$) . Any thoughts on why this is and whether AIM price will move closer to the 23p level?

Vii - very good news, as the Act states that up to 80% of battery metals used in US products must come from USA/ free trade agreement countries by 2026. Tesla will be looking to see how they achieve this …,,,,,,,, answer = Cornwall!

With TechMet’s £18m investment in CL, the clause below applies , so they will be steering the direction of any future take off agreement.

Following the completion of Tranche Two, and for so long as TechMet maintains a shareholding of 15% or above, TechMet shall have a Right of First Offer to market lithium products from the Company’s projects. TechMet will work with Cornish Lithium to prioritise UK based customers, including UK battery and automotive manufacturers.

https://www.benchmarkminerals.com/membership/what-does-the-us-inflation-reduction-act-mean-for-the-ev-battery-supply-chain/

Very interesting article about new US act, requiring at least 2/5ths of critical battery metals ( lithium) to be sourced from USA or countries like U.K. ( eg Cornish Lithium!!) USA are making huge amounts or money available for this and seems that US government is listening now to the voices that China has current total dominance. The drum is now BANGING LOUDLY and CL/CUSN could be big winners here!

MO - we hear you !! Keep up the great posts.

Vii
Many thanks for your thoughtful perspective on this. These are interesting times for both CUSN/CL and the south-west.

MO - Many thanks for your always informative postings. Like Vii, I share your very positive view for the future of CUSN/CL. Based on my own back of fag packet figures & if CL's view that Cornish brine volumes could be "globally significant" the numbers at play could be eye watering. The importance to CUSN of the 25% & 10% royalties of CL's brine project (as often highlighted by Vii) hasn't touched the dial on the CUSN sp. Imho it is at a HUGE discount to potential value, also when you add in Nickel King & others in Canada.........

Would appreciate your thoughts on this.......

Cornish Lithium's listing in Sept/Oct is likely to be MASSIVE, as they have tied up tightly all the brine licences in Cornwall. Imho most shares will be placed with a variety institutional investors & this is probably already being negotiated in smoky back rooms, likely leaving little available for smaller investors, so when CL lists the sp will be high.

I want to top up on both CUSN & CL to get more upside potential to UK lithium brines (however, also appreciate the big CUSN potential in tin/copper). So my question is this?.........Do I buy more CUSN now at a (imho) well below par price, or wait until CL's IPO and see what I can pick up then & at an unknown price?

https://us06web.zoom.us/rec/share/MFmy11f1H5PQrUMWTPMIAJ3pqogUKIGeH1oLdQpzBmPOZeqvsLd259ImwV5jtIX9.6M7xTKnPlTu3mTqg

Access code. 6Dnm&^6h

As I missed the virtual presentation, Irene at CUSN kindly sent me the Zoom link together with the access code for a recording of the presentation. It’s live only for the next 6 days, so you need to watch soon.
Enjoy

Many thanks Vii. I’m on their email list. If I get anything interesting I’ll post it on the CUSN forum.

Unfortunately I missed the virtual corporate update this afternoon. Does anyone know if there is a link to a video or are able to give a quick summary of anything new that was reported?

Topped up today at 11.54 (31316 shares) & is shown as a sell. Anyone know why that would be? Looking forward to the virtual update tomorrow at 5.30pm. May be some good news on the way.