Member Info for Tortoise123

Fascinating article here on LinkedIn, though at CUSN they are recommissioning of course, so not quire the same (I hope)…..

https://www.linkedin.com/posts/scott-north-k_mining-exploration-development-activity-7354631540833734656-D8nQ?utm_source=share&utm_medium=member_desktop&rcm=ACoAAC8LU_IBr3uXaHFCU-AFcjQ_A0ckKM3WMDI

My guess is the final round of funding they will need will be pushed back too, but who knows Gingy.

The SP is taking a bit of a hit at the moment as some frustrated investors move their money elsewhere. But remember 70% of the shares are held by 3 or 4 people and I have no doubt they were told ages ago mining might not start until 2028. I imagine they are still supportive - one of them is the UK wealth fund!

Wouldn’t be surprised to see the SP creep up to 8 or 9p over the coming weeks. And as the mining commencement date nears it will surely gain serious momentum.

Do your own research of course, the above is only my gut feeling. GLA

Gingy, my average is just under 8p - and I own many many thousands of shares - so on paper I’m currently in a loss position too. If I lose a fiver down the back of my sofa I get upset, so was very annoyed yesterday when I first saw the RNS about production not starting until 2028.

If the SP drops under 7p I will probably buy more. But I’m definitely not selling.

Obviously i don’t know your personal circumstances but my advice is to hold and not keep checking the SP every 5 mins - yes I’ve done that too!

I am not overly chuffed either they’ve said mining won’t start until 2028.

However, at least we have a firm date now and something to work towards.

And if they have any sense they would have quoted 2028 but are “internally” working towards late 2027.

I still really like CUSN - but will just have to accept the SP probably isn’t going anywhere for another couple of years.

Oh hell, you’re right

I was thinking the 250,000 transaction at 16.22 was a ‘buy’ - at least I hope so!

Two big delayed trades today - I wonder if a major announcement is on the horizon. I think it’s potentially a good sign, particularly the latest one.

SP currently Up 7.5% today, wasn’t really expecting that tbh, though the day is not over yet!

But not reflected in the SP yet though

Https://www.linkedin.com/posts/scott-north-k_rareearths-ukmanufacturing-recycling-activity-7352457217389850624-xJOT?utm_source=share&utm_medium=member_desktop&rcm=ACoAAC8LU_IBr3uXaHFCU-AFcjQ_A0ckKM3WMDI

MKA from ~8 min 15 seconds, the guy seems keen too

https://youtu.be/GeqQHUh8M3g?si=6fNrYgro8T-_IB3I

Like Real Adam I first misinterpreted today’s RNS and was gutted when I realised it wasn’t what I initially thought. However, they only reduced their holding by 1% and still own a huge number of shares. Who knows why they (slightly) reduced their position. Don’t forget the mine is one of the richest deposits of tungsten in the world so still enormous upside to TUN.

Don’t fret Gingy

Definitely- would expect the SP to trickle up a bit too, but nothing happening yet though.

Red666 - Are your other 2 CUSN and TUN? They’re very good bets for the future.

Anyone know yet how the markets are responding in America?

We’re all watching MKA today Gingy . As is always the case when the SP is rising, I wish I bought more!

At least CUSN didn’t go south today Gingy

As soon as you do CUSN will take off and TUN will slump, I believe it’s called Sod’s Law

RIDER75 I’m fairly new to Mkango, heard about this stock either on a CUSN or TUN chat if I recall correctly (tin and tungsten are my thing!)

Doubt it, unless the students parents are oligarchs or investment bankers?