Member Info for Rooky

For goodness sake, give all this name calling a rest.

This thread is fast joining other threads that have been taken over by name calling.

Either filter, or shut up, otherwise if you continue to be repetitive in your relies, you become equally annoying as those you moan about, in fact because it is often easier to put those who initiate posts, on ignore, it is more difficult to put others on ignore who do often contribute sensible and valuable posts to this site discussions.

I know the above will annoy many, but my sole purpose for posting, is another, probably unsuccessful attempt at trying to return this thread to what it once was, a thread where we could all learn by exchanging views, opinions and knowledge.

No prob Bubble2021.

I fully accept that Cornish Metals knows of no official reason they can give/state for yesterdays price movement, but I think we all accept that leaks are often difficult to prevent when it comes to unofficial or/and suspected info, seeping out, even un intentionally.

Such leaks are often related to 'how many people in the know'.

I would think that in the field of mining, there are quite a few people involved in the drilling and testing of the core samples, so the possibility of such a leak is obviously there.

For those who have been investing for several years, no doubt they have experiences of sp's shooting up one day, followed by the required announcement of the company involved knowing of no reason, then followed a short time later by the official announcement of the leaked info.

Not saying the above is the case for Cornish Metals, but it does warrant consideration.

This is not an attempt to ramp (my record of posts clearly show I am not into ramping) and I admit to having no inside knowledge.

Good find GustavK and thanks

The versatility of the AFC systems, looks to be able to stretch from powering a very small diesel generator, to a very large ship.

Now that is versatile.

Only a couple of posters have picked up on the word 'Modular', which has been mentioned in at least 2 reports regarding this latest news release.

Love the def of Modular, IE employing or involving a module or modules as the basis of design or construction.

Many ships, of all sizes are re-fitted with new engine systems over their lifetime, so as the AFC system, which I know will be only a part of a ships propulsion system, can be easer to fit than a none modular system it won't be just new builds that are the opportunity, as re-fits will be by numbers a far bigger prize.

As what is holding back the SP from an even bigger rise, it's that Covid knocking confidence in almost all businesses yet again, but as with all these world spreading viruses, once we learn to live with it, and we will, AFC's future is almost 100% certain positive.

Looking how massive some of these Bulk Carriers can be, even a couple of dozen containing AFC technology, would easily bring in multiple millions of pounds.

I look at this RNS as small news.

I bet that got a few of you fuming, but I am comparing this mornings news with what could follow, which could be massive.

Of course this is big, but hopefully this is just the start of what could be massive/huge/ enormous/humongous, (you chose a word) for AFC.

Will be interesting to see how big this plays in the media over the next few days.

It does look like a single DMG unit, but I see that as the start of a spread rollout as single units situated next to waste facilities, to fully (or almost) supply power to areas of population in the low thousands, is an excellent idea, solving both that areas waste problems plus the independence of power supply.

As to PHE having the final say, although that could appear a complicated issue, to my mind it is just a formality in both the agreement and action and I am please that PHE still has a strong position in what is agreed.

I foresee several similar agreements re local agreements for single or/and low numbers of DMG units, especially in the more remote regions, which are often used as waste dumps fore larger population areas

Hi Valuation-it-is,

The article has all the same detail, but additional info re the possible value of the area covered, especially mentioning the fact re most valuable area in the world by size in 1800's.

Its more or less the same article, but enhanced.

I would think that over the next few months Cornish Metals will appear more and more in the media.

Almost a full page article the The Telegraph today re lithium/tin/silver and copper being mined in Cornwall.

Cornish Lithium was named, but as we well know the connection with Cornish Metals is important, plus of course CM's separate entities.

The Cornwall area being mined, was in the 1800's known as the richest area, by size in the world.

Be nice if a similar comparison is made in the next few years.

Anyone else have their Stockwatch and Portfolio still showing blank at 0830.

It does look like an update of a previous application of the 'liquid fuel cell', but after a quick read, it does mention a couple of problems that have been rectified/improved.
These previous problems did not relate to the fuel cell not working, but to my untrained eye, to improvements on the system, which presumably mean works better. (stand to be corrected)

If AFC had not submitted this latest application, it would have left the door open to competitors, tweaking the previous system (appreciate it is not a simple matter to pinch/update a system), but a country like China is always on the lookout for such opportunities and that is why even after minor changes to a system, updated applications are a must..

Good find Wolfy and thanks.

Some refuse to sell at a loss!!!.

If we all felt that way, I doubt many would every do more than trade, especially when it comes to the AIM.

Whilst I agree that it is often a good strategy to set a limit of say, 10 to 20% loss, then sell ( I admit to very rarely sticking to that) if you sell whenever/as soon as your investment slips to a loss, no matter how small, you would be in and out of shares so fast the chances of mega bucks would disappear completely.

Another IAM company I am in, has over the years, dipped a couple of times under my average buy price, but at present it in now 1,000% up and looks to be just amount entering into its most profitable period yet, something I would have missed out on if I had sold out on those to dips.

A bit of perspective re SP movement.

On the 10th Nov the sp was 4.8p, dropping by .4p to close on 11th at 4.4p.

Then after the development partner update on the 12th, it closed up 1.55p at 5.95p, then a steady decline till close for today at 5.20p a drop on the day of 0.31p, but still up by almost 18% over 6 trading days.

Its anyone's guess what will happen to the sp, if we get a further RNS re new CEO or/and update re the EU funding.

Although it is annoying with the up/down/up/down rollercoaster that the PHE SP is forever on, but that's the AIM market for you.

If you doubt that the sp will be quite a bit higher by end of year than todays close, then to save your potential sanity, its best to sell and look for a nice steady share in the main markets, but you will never double or even triple your money, unless its over many years and then it would be quite exceptional.

As for me, I quite like the ride, better of course if it only went in the up direction, but that ain't goner happen.

Hi TripleAAA, and welcome.

Unfortunately the words 'EU and funding' very rarely equal both speed and simplicity, although in the case of anything promoting green energy I think things will move quite quick as much of this funding structure has already been looked at from both the applicant and adjudicators of these funds.

The EU like other funders of green energy are all trying to look good in the eyes of the world (all said in hope).

MM's can and do hold shares for a short period whilst they actively look for a buyer/buyers, although these periods can be stretched a bit. They also need to build up a bank of shares if they think or know that a buyer (often a buyer through a particular broker) will want to buy, so they can purchase such shares as a 'principal buy'
Some MM's can also be brokers, and if they are they can buy and hold for an indefinite period, although due to the risk being taken only tend to hold for a short period,
So yes, every buy is a sell, but the word 'eventually' should be considered.

Cheers Bananaman2 re 'Rooky, maybe something to do with the fact it's the solid system and not the liquid system. Thus still being delivered much earlier than planned', I admit to not picking up that point, read the RNs too quick

This contract will no doubt be the start of far better times to come, so very pleased.

Some might question why such a small order, but I am sure this is just a taster of where we are headed.

My only question is 'why nothing delivered till early 2023'', as I thought the whole idea of the AFC system was that it could be quickly fitted/adapted into shipping containers.

Hopefully see a couple of TR1's over the next few days.