Member Info for Valuation-it-is

In January 2017, CML UK entered into a deed granting exploration rights to Cornish Lithium, a privately
funded UK-based company, in respect of lithium contained in hot spring brines and associated geothermal
energy on all mineral rights CML owns in Devon and Cornwall. CML retained the rights to any hard rock
mineralisation.
The deed granted options to Cornish Lithium to take mining leases for the extraction and commercial
exploitation of the Licensed Minerals in the Land Area. The Company will have a free carried interest of
25 per cent. in the first project to have a bankable feasibility study completed on it and a 10 per cent. free
carried interest in each subsequent project that has a bankable feasibility study completed on it (the free
carries ceasing after the completion of the bankable feasibility studies). The Company will also have a 2 per
cent. gross revenue royalty payable from any production of metals from brines and a 2 per cent. gross
revenue royalty payable from any geothermal energy produced and sold to the national grid or other system.
Further details of the deed are set out in paragraph 15 of Part VI of the listing document.

2m+ bought at 13:53:33
3m+ bought at 17:06:59 big lumps disappearing fast.

Those figures do not surprise me. Are they before mining and ore processing costs? I guess - on the basis of what was in the PEA of SC, those costs would not make a huge difference.
What would be great is if you are prepared to list your rough calculations for everyone to look over. Expect some unhelpful de-ramp comments but the rest of us would find it very interesting.

Anybody got a link to the report?

How will the Myanmar coup affect tin production?
An interesting view here:-
https://www.internationaltin.org/tin-production-isolated-myanmar-coup/

Guly 19.08
An institution took part in the oversubscribed IPO. I guess a LTH, and scaled back so trying to top up.But who wouldn't?

Panda1 Today 17:54
Huge yes, but compare the value of the remaining 75% lying in CUSN, with CUSN's capitalisation!
The company is probably pursuing United Downs so as to fund SC later.

Shear Class 19.00
That is a hugely important post that everyone new to CUSN should see. Fantastic.

Shear Class 19.08 Good posts and helpful.
One comment though, the first link was written in 2015. Since then interest rates have gone negative and Trillions of $£Yen € have been printed all looking for a home. Investors have moved into much higher risk categories to get a return, so anything with an IRR of 20% and reasonable chances looks far more attractive now.

Panda 17.51and 17.54 Good to bring that to attention.
With a rising tin price, better to make the decision soonest as I guess that crystallises the NPV?
We could have an interesting time for news coming up.
If you have it to hand do you have the date when the PEA was signed off or better still the tin price used for the PEA?

John James 16.12

You post on an interesting range of companies. Which are your favourites?

beardozer 16.11
We have had weeks to do the fun-da-mentals. Fun- dese-metals.

Check out the stuff available on the company website - been there for a while now. Press coverage to come I expect.

United Downs
Gwinear
South of South Crofty mine.

And it goes without saying South Crofty itself - if the mineralisation was reckoned to be worth £700m at the time of the BBC interview, what now, given the rise in the tin price?

Tin price

https://markets.businessinsider.com/commodities/tin-price

and another
http://tfsainvestmentletter.com/

https://www.mining.com/cornish-lithium-speeds-up-hard-rock-project-development/

CUSN have25% free carry interest in CL

How will Myanmar situation affect tin price anyone?

With many investors having difficulty getting stock, and the placing team having been careful to pick LTH's this is looking good for the weeks ahead, once the flippers are out.

https://cdn-ceo-ca.s3.amazonaws.com/1g2af1i-Cornish_Metals_Major_Shareholders_After_AIM_Admission.JPG+

https://cornishmetals.com/site/assets/files/5388/cornish_metals_inc_-_admission_document_final_10-02-21.pdf

@nasdaq/cornish-metals-receives-conditional-approval-for-82 $CUSN
#
https://www.internationaltin.org/nobel-prize-winner-explains-potential-for-tin-use-in-lithium-ion-batteries/

These may be interesting:-
https://audioboom.com/posts/7797416-cornish-metals-ceo-richard-williams-introduces-the-company-projects
and
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/938856

https://cornishmetals.com/investors/presentations/