Member Info for pawgee

MO - share your enthusiasm with this & am holding tight for take-off. My gut says INEOS will be watching closely.

CUSN just tweeted they are having a virtual corporate update on 5.30pm 28 July. Richard Williams is to give an update on drilling programmes & construction of water treatment plant. There is a link on twitter to register

Great news that CUSN also hold 6.1M shares in CL, so aside from lithium brine royalties, there is potentially big benefit to CUSN on a successful Trelavour project.

There is quite a high degree of volatility in the sp, so imho someone is just trying to take a punt for a quick gain. Risky business in my view.

GM - That's quite a bold statement........................is there an RNS due on Monday?
BTW, I also think it will hit a £, but will take a little longer

It seems that the 2 big 11,400,000 traded yesterday didn't feature within the generally reported trading volumes yesterday as only 1,325,002 shares were traded yesterday. Similarly the 33,000,000 (6.5%) to Lansdown don't show in trading volumes, so must be some for of private transfer? Does anyone know? Those volumes would certainly have moved the dial on SP!

Do you think CUSN & CL will merge, or will one take over the other?

Congratulations CK. Thanks for your many insightful and constructive posts. Great to know we have you on the CUSN team.
ATB

MO - very good points. If the U.K. gov doesn’t step in the drive the development of the Cornish battery metals asset base, the US gov definitely will once congress passes funding act for U.K./Australian projects. As you know Cornish Lithium already has US gov backing/investment thru TechMet & first call on marketing rights on production. (CUSN has good royalty exposure to CL) CL identified significant quantities of Cs/Rb in their maiden JORC resource at Trelavour & that must have got attention within US gov.
I’m sure Sir Micks majority stake in CUSN will now start to drive the projects forward. In the long run investing here is a good place to be over next 5-10 years. Also don’t forget Cornish Tin who have just completed a Crowdcube fundraiser, to fund drilling programme, which was 3 times oversubscribed & only went to those with pre-registered interest.
Good luck to all who have invested in Cornwall

Vii- I think you are right here, but for too long Europe and the west in general have been all to willing to chase the cheapest options of production & let all these dirty processes be undertaken in the east. Clearly this needs to change otherwise China will tighten their stranglehold & probably also invade Taiwan & the west will have no means to respond economically. I’m sure both government & industry realise this, Imho there will be quite a rapid shift to self-reliance. Having a stake in CUSN is a good space to be in.

Interesting note in article that Sir Mick Davis may be looking to build tin processing plant in U.K.

Who owns the Earth? The scramble for minerals turns critical

https://www.thetimes.co.uk/article/3380a3e6-c89c-11ec-aec3-018778242ce9?shareToken=f39a13ea63cccc5b61878cb965f7b695

Crocqman & DC887 - Agree this is a long term play, but imho all the parameters seem that CUSN has the prospect for healthy future capital gains. I’ve been buying steadily since the ipo and haven’t sold a single share in that time. If price drops further I see it as another top up opportunity. Am also in with Cornish Lithium & Cornish Tin, so have strong confidence that the south west will lead the European green revolution. Recent lessons from the eastern side of the world show us we need to become as self sufficient as possible.

Vii - Very much agree that you can see why an industry heavy weight like Sir Mick has noticed CUSN’s future potential. What is curious is the weakening in share price after such a detailed broker note, (confirming what many of us can see in the progress of the company), albeit SP Angel are not independent, all data they use to base their assessment are robust.
For those still looking to build on their position it is imho a good opportunity before SP moves towards 48p target.

If you register on SP Angle website you can download research note. Makes very interesting reading with NPV of us$404m , IRR at 35% with 1.7 years payback, all based on $30k/t Sn, all leading to 48p valuation. UD project not included, so potentially more upside there.

Former Polymetal boss Ian ****erill joins Cornish Lithium

https://www.thetimes.co.uk/article/288536fc-b99f-11ec-94e5-2197dead5942?shareToken=e351c6f70defb081a0975deb5e9ba500

Very interesting development, especially as one of the new directors is a non-ex director at BHP . CUSN's tie in with CL starting to look ever more valuable.

Natnrg- Fortunately I pre-registered, so was able to get my slice ahead of tomorrow. Hope you did as well. Quite surprised they set the fund raising target this low, but clearly any future raises or even an IPO will attract much interest

Imho, this could be another interesting hedge into Cornwall's new era as a top metals producer.

Just look who is the Chairman - Clive Newall co-founded First Quantum a C$29billion mining co and now seems to have his main focus with Cornish Tin. A geologist by background, looking for an exciting new challenge. Can't see him wasting his time, if there is nothing to this project. Their site is The Great Wheal Vor, described in the 1920s as probably the richest tin mine ever worked in the world, with grades between 3% to 5% Sn. Hasn't been mined since the 1850s, so likely plenty still in the ground. Probably, at the same stage as CUSN 2-3 years ago.

DYOR - but probably a good one to get in early if you missed out on early CUSN & will be a slow burner. A bit like a good wine - Buy now to lay down and rewards arrive in a couple of years. Personally, I'll be taking a good slice of this one as well.
Very interested to hear what others think.

CK - 101% agree
Imho its difficult think of a better majority shareholder to drive CUSN forward to the big time. The faithful will be handsomely rewarded - so pleased I topped up again at 20.8p earlier this week! GLA