Member Info for PRK1

Hi Intrigued Spect. Sorry I didn't realise I was in the presence of a superior being like yourself. 800k line loss per year, projected to continue at similar rates. The point I was making, no doubt beneath your lofty intellectual radar, is that a business bleeding core retail base year after year is quite likely going to drop in value. I love the scathing ones. Means they're losing money

How can a company losing 800,000 connections every year, from a base of 25 million, possibly be dropping in value? It just doesn't make sense.

I was wondering but didn't want to seem ignorant. Didn't Cornish metals delist from Canada not long ago

Maybe that's going to be significant

Maybe they were waiting for this report. I suspect this will trigger the fid. Or at least be a green light towards it

Good news. Sounds like the mine has plenty scope for future expansion

Hi snoopz, in relation to Cornish Metals, that "flooded tin mine". I'll be generous and tip you to check it out. Clearly you don't understand. But if you take the time you might just find something no less valuable than a gold mine.

800k lost connections in a year. Same the year before. Revenue now lower than before they bought EE in 2015. BT tied to cost-cutting to make numbers look good, but that is a vicious circle. The product, marketing, price and proposition machinery is too quiet and the resource is, too expensive to turn it around. The growth in dividend is a plea to investors to keep investing. There is an insane presumption in BT investment circles, and inside BT, that the company is entitled to expect dominance. Somehow it'll all come good, it's part of the plan. Never mind how telecoms is moving on. BT have called it for openreach fibre. A very monopolistic, traditional vision. Never mind altnets, SpaceX, mobile broadband and others. If they right, this will so a money tree. If are wrong, this is a giant new town with insufficient residents. The market needs to see the decline being halted.

"reports come out with words like revenue down, customers lost, cost savings increased and the systems wet themselves as it sounds like trouble is coming.".

Trouble is coming. They are staying afloat by cutting costs to the bone. They have no room for competing on price and risks have to be taken with quality. This only feeds into more loss of market share. It can become a spiral.

You could be right, if analysts continue to see Germany as the key market. But the group numbers are excellent despite not dominating Germany. I think there is a bias about Vodafone.

I can only believe that the selling was lined up overnight and just has to clear. But I have seen this before, where Vodafone posts positive progress and gets a sell off in return. It's bizarre. But these are great results considering where Vodafone has been and I'm confident that quality will show

Hope at least someone is old enough to remember that ad. This year, overall, has been one. Next year I hope to see crisps too.

The FID is earlier than I expected. I thought it would be around November. I need to do some buying. I'll let this funding announcement settle first. £1 a share should prove a bargain

Thats getting old and they have funding to find or theyll run out of money

Dear Cornish Metal. You've got £25k of my hard earned money. Given the faith some of us small investors have shown in your project over the last 2 years, and given rhe sudden collapse of the share price, think it would be reasonable to expect some updates. I need to know that this project is in good shape. Funding is needed and the Americans have registered an ntwrest. Anyone else? What's the UPDATE???

I think the share price has drifted down because the sudden rush for rare earth minerals was inflated even further by retail investors who saw a fast buck. Now they see a 10 month wait until the FID, and even longer until production. The tin price has cooled too. I suspect the next funding announcement is no more than a few weeks away, and that will send the SP back up again.

Thanks Terry Tibbs. Useful to know

Harleygreen I'd be interested to know more about the lithium project, especially since Cornish Metals has a stake in them. Do you know much about them?

I dont believe there is a conspiracy. I think prodessional traders build rules on software that allows them to buy and sell dynamically across portfolios. For example, a defensive European portfolio might include 20% stocks and shares, in which 5% are miners, but in that 5% there could be multiple companies who each have a percentage of varying size. Cornish are still a speculative punt, so exposure mught be 0.5% or sonething like that. The mix of the wider po

I notice the spread has narrowed