Member Info for Valuation-it-is

A new improved design perhaps, which was in part certified recently.

Good Morning Bubble. Thanks Kdot for the link. Did you see the Geolith demo at UD recently?

Given all the concern about mining Lithium, CL appears to be a very attractive proposition for those wishing to protect the environment and be socially acceptable in other ways. CL appears to have a number of possibilities for extracting Li from brine and also a ESG positive way via Lepidico to produce Li from Rock. It looks as if the customers for their Li are going to be many and UK based. Hopefully Cornwall will build a giga factory. Jeremy Wrathall was telling me that a site near Trelavour is available. Lets hope someone brings it off.

https://markets.businessinsider.com/commodities/news/green-copper-demand-to-average-13percent-annual-growth-over-next-10-years---report-10282590

dsc1978
How would you value it?

"All of the EU's 27 countries are due to get money from an €800bn fund (£954bn) in grants and loans, financed by debt raised by the European Commission. Countries can also use it to reimburse projects dating back to February 2020.

Some €800m in grants to 16 EU countries was handed out today, including to France, Germany, Denmark, Estonia and the Czech Republic.

EU budget commissioner Johannes Hahn said: "I am very happy that we succeeded to kick-start the NextGenerationEU issuances as scheduled."

To qualify for the recovery money, each government had to set out how it would spend its share, with a caveat that at least 37pc must go towards fighting climate change and at least 20pc to making the economy fit for the digital age."

https://uk.investing.com/commodities/tin-streaming-chart

Great news expected this week.....................

https://www.telegraph.co.uk/business/2021/06/28/nissan-unveil-plans-britains-first-electric-car-battery-gigafactory/

https://www.telegraph.co.uk/business/2021/06/26/britain-aims-capture-8bn-electric-car-spending-spree/

The minister also revealed more details of the global investment summit later this year to woo the world’s biggest investors into green projects. The “Great Exhibition” style event will be held at London’s Science Museum in mid-October two weeks ahead of Glasgow’s postponed COP26 climate summit.

He said: “We’re showcasing green industries and I think it’s going to be the biggest collection of major investors we’ve ever had together under one roof at one time in the UK.”

“It is going to be between 150-200 people. It’s not just financial investors, it is the world’s biggest companies who invest in Britain, as well as the world’s biggest investors.”

Source:-
https://www.telegraph.co.uk/business/2021/06/26/britain-aims-capture-8bn-electric-car-spending-spree/

Kdot
I agree, I suspect there is a lot of upside to come from CL. But it is nice to know that CUSN has got this financial asset. I suspect that CL will pay CUSN in shares again, so the size of this holding my rise.

if a fuel cell works better with oxygen rather than air for the re-combination with hydrogen in the fuel cell?

It seems that the plan for the electrolysis is to collect the hydrogen but vent off the oxygen. ...................

Dr A
I used the filter. But I am afraid I also concluded that many did not want an exchange of views, so I was better keeping my sometimes negative view to myself and save the posting time.
It would be a shame if you did the same. Your knowledge has been an immense help to those getting to grips with this share. If this tech does emerge from the drawing board it will undoubtedly be beneficial to the world, so having an enthusiastic proponent is no bad thing.
Meanwhile, I strongly suggest keeping the filter on.

RNS states:-
"Decisions about the financing of this second plant will be made after land use planning consent has been obtained and closer to the start date for construction. Details of this will be announced at that time."

Given PHE does not intend to provide finance for DMG plants, isn't this irrelevant? Or are we witnessing the beginings of a grim reality? i.e.that PHE is being dragged into financing. If Peel has not yet paid for exclusive use of DMG in the UK, why on earth is PHE not taking it to others? Am I getting too impatient?

I haven't posted here for a while so it is a bit of a shock to read the exchanges between some of the posters.
No one should come to these boards with the aim of being unpleasant to others. The board is designed to facilitate an exchange of views some will be positive, some negative. Some will be well informed, some not so.

I suggest if a poster really cannot stand reading another poster's words, then the answer is to use the filter. The result is a more pleasant board for all.

Company Website
https://cornishmetals.com/
Pre IPO presentation
https://cornishmetals.com/investors/presentations/
Admission document :-
https://cornishmetals.com/site/assets/files/5388/cornish_metals_inc_-_admission_document_final_10-02-21.pdf
London Stock Exchange https://www.londonstockexchange.com/stock/CUSN/cornish-metals-inc/company-page
Canadian announcements @sedi Cornish Metals Inc. $CUSN
The link to Canadian Market
https://money.tmx.com/en/quote/CUSN
https://www.stockopedia.com/share-prices/cornish-metals-inc-CVE:CUSN/
application for permission for drilling at UD
https://planning.cornwall.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=QPGGISFG0JQ00

The backdrop
https://www.youtube.com/watch?v=HKb8Zg05uYc
https://www.cornwalllive.com/news/cornwall-news/united-downs-tin-copper-drilling-5334622
https://www.youtube.com/watch?v=n9SD1Z1f0ac 3D computer model + some music by Queen!
https://www.youtube.com/watch?v=oKarlMJDwmA 2.35 and 5.15 of interest
https://www.youtube.com/watch?v=vPid53ornow
https://www.youtube.com/watch?v=OSP5mY1FegE
https://www.youtube.com/watch?v=01W3bJc_MpA
http://www.city-investors-circle.com/mining-review-sunday-roundup-14th-feb-2021/#more-8957
https://www.ft.com/content/40577a9b-d4d9-4cdd-8d08-43ce1c132406
https://www.internationaltin.org/nobel-prize-winner-explains-potential-for-tin-use-in-lithium-ion-batteries/
https://audioboom.com/posts/7797416-cornish-metals-ceo-richard-williams-introduces-the-company-projects
https://audioboom.com/posts/7797416-cornish-metals-ceo-richard-williams-introduces-the-company-projects
BBC ‘s Simon Reeves At S Crofty @45 minutes on
https://www.bbc.co.uk/programmes/m000pb6s
https://cornishmetals.com/tin/tin-use/
http://www.city-investors-circle.com/mining-review-sunday-roundup-14th-feb-2021/#more-8957
Bulletin Board in Canada
https://ceo.ca/cusn
Hamman & Partners report
Cornish Lithium exposure
https://www.cornishlithium.com/
https://www.bbc.co.uk/news/uk-england-cornwall-54188071
https://youtu.be/FbzL09SoHdo
https://www.mining.com/cornish-lithium-speeds-up-hard-rock-project-development/
https://cornishstuff.com/2020/07/10/cornish-metals-new-name-for-new-mining-hopes-2/
https://wise-owl.com/reports/emh-is-leading-the-pack-to-be-the-first-local-eu-lithium-producer/ competitor

South Crofty exposure
PEA
https://cornishmetals.com/site/assets/files/4962/2017-03-31-scrofty-pea-c84ol6.pdf
https://www.proactiveinvestors.co.uk/companies/news/950587/cornish-metals-working-towards-re-opening-the-iconic-south-crofty-tin-mine-950587.html
Update to SC resource estimate:-
https://cornishmetals.com/news/2021/cornish-metals-releases-updated-mineral-resource-estimate-for-south-crofty-tin-mine/

Price of tin
https://uk.investing.com/commodities/tin-streaming-chart
https://markets.businessinsider.com/commodities/tin-price?op=1
Guaranteed 5% offtake https://cornishstuff.com/2018/10/18/who-we-hope-will-mine-again-return-of-tin-mining-to-cornwall-getting-closer/
Other SML’s Redmoor op (not CUSN just competitor comparison)
https://cdn.website-editor.net/c077baaab49a4754a58400443da010c1/files/uploaded/191111%2520Redmoor%2520project%2520-%2520PDF.pdf
Board appointment John McGloin
https://www.bloomberg.com/press-releases/2020-10-27/cornish-metals-announces-appointment-of-john-mcgloin-as-director
Photos
https://www.cornishmineimages.co.uk/south-crofty-mine-old-workings

"Included in marketable securities is the fair value of common shares held in private companies of $1,001,007 (January 31, 2021 - $1,001,007), most of which represents the Company’s holding in Cornish Lithium. "

Given CL's recent capital raise was at a price around double that of the previous raise, I think that CUSN's holding in CL will have risen in value to around $2m. A useful investment, which CUSN might or might not wish to realise next year when CL floats on AIM.

Good afternoon Bubble

And copper and tin prices rising again.

https://uk.investing.com/commodities/copper-streaming-chart

https://uk.investing.com/commodities/tin-streaming-chart

https://www.batteriesinternational.com/2020/10/23/shortage-of-tin-to-raise-price-of-battery-making-over-the-long-term/

https://alphaminresources.com/tin-market/