Member Info for Valuation-it-is

Gingy - The company website is excellent and a great source of information.

The company presentation of May 2024 indicated first production was hoped for in 2027. I think prior to that in 2023, end 2026 had been hoped for. If I remember correctly, Early 24 was around the time when it was discovered that more work than expected was required on the refurb of the NCK shaft which had been under water to adit level.

Given funding still has to be raised for the process plant, the timeline cannot be precise as the timing of the availability of funds is unknown.

Starts at about 39.40 into the broadcast

Https://phys.org/news/2025-05-copper-world-require-price.html

CUSN has Copper at United Downs.

Https://phys.org/news/2025-05-copper-world-require-price.html

Https://www.youtube.com/watch?v=V5gTTLgAbgo

From about 9.50 onwards

Looks like France wants some Pensana action.

"Immediately following the conclusion of the AGSM, which the Company expects to occur at

approximately 5:30pm London time, 9:30 am Vancouver time, the Company intends to host a

separate online webinar to provide shareholders with the opportunity to attend a presentation of

certain additional updates in respect of the Company's activities. For more information on this

online webinar and for more details on how to attend, please pre-register by 4pm (London time),

8am (Vancouver time) on 30 June 2025 athttps://bit.ly/cornish-metals-update"

Thanks for the summary , Prop.

Firewall prevents reading, please would you summarise the article/ cut paste? Many thanks.

I noticed the APT price is rising - perhaps the massive increase in demand for armaments is kicking in.

Now at $410 per mtu................................ Hemerdon lookng good.

Last year the UNAUDITED FINANCIAL STATEMENTS FOR Q1 2024 came out on May 23rd, so this year's are likely to be out shortly.

Body language spoke volumes - positive volumes.

Inputs:- News flow from Touchstone (feedstock supply) expected shortly.

Outputs:- "Got people banging on the door for train 2"

FEED study due to complete end September......................

Opening office in North East..................

Production Ramp up aim is 2H 2027.

Backdrop improving .....https://www.bbc.co.uk/news/articles/czr8gj5p241o

It seems as if CUSN is making an appearance at the global mining finance Spring conference in London tomorrow.

Https://www.msn.com/en-gb/news/uknews/princess-anne-visits-cornwall-tin-mine-to-mark-reopening-of-mining-shaft/ar-AA1EgMuW

Https://res.cloudinary.com/investorhub/raw/upload/v1746171870/leaf-prod/212/documents/Cornish_Metals_Corporate_Presentation_-_May_2025_hcxhiy.pdf

Chat GTP states that demand for tin for battery manufacture was either 17,855 tonnes or about 26,000 tonnes in 2023. (dependent on the source used)

It also says that tin usage in 2030 for battery manufacture will be around 60,000 tonnes. So for this one activity alone, it looks as if demand will grow by about 7-8k T per annum. Encouraging for a producer likely to come on stream in Q1 2027.

Another factor is the expectation that interest rates in the UK are likely to be cut by the BoE a number of times in the next 12 months. This should make CUSN's quest for debt finance both easier and less costly. Again encouraging......

Https://atlantictin.com.au/pdf/2d2f97e3-d71f-4383-8416-09445a22026b/Recommended-takeover-offer-to-be-made-for-Atlantic-Tin-Limited-by-Inner-Mongolia-Xingye-Silver-Tin-Mining-Co-Ltd.pdf

ATL’s primary asset is its 75% interest in the Achmmach Tin Project, near Meknes, Morocco.

https://www.atlantictin.com.au/projects/achmmach

The UK government should perhaps offer to buy a golden share in CUSN - to keep the tin resource available for the UK, and in exchange provide the remaining funding necessary to get into production

Overnight reported at 2665 tonnes.

Do you have a link?

If anyone deserves credit for bringing South Crofty back, it is Owen Mihalop. As Don Turvey CEO stated "On behalf of the Company I would like to extend my sincere gratitude to Owen for his contribution to South Crofty. We are grateful to Owen for his dedication to the project and his many achievements. We wish him all the best in his future endeavours""

Most shareholders will know that Mr Mihalop has been at the helm at SC for about 11 years , has seen the project through the tough times and built an excellent team for the future. He leaves the company in great shape, with financing in place and progressing steadily towards the FID and resumption of production. Shareholders owe him a debt of gratitude as does the mining and wider community in Cornwall. Thank you Owen.