Member Info for Valuation-it-is

Looks like the market agrees ..........................

Pages 12 and 13 make it pretty clear.

Pages 12 and 13 spell it out.

Page 13 would suggest there is going to be a very significant share price move.

"90% offtake to General Motors with 10% supporting U.S.Defense industries"

Leaving the likes of JLR/ BAe etc in the lurch. No jobs for Saltend. Uk resilience impaired.

And it was there on a plate for them.

Https://www.rusi.org/explore-our-research/publications/commentary/priorities-new-uk-critical-minerals-strategy

Https://www.linkedin.com/feed/update/urn:li:activity:7388530050696003586/

HurstyJ

The tin price seems to be gently escalating by 2-3% per month either on a historic 12 month time scale or on a historic 3 year view. Part of that may be due to factors which may reverse eg Indonesia/Myanmar, but cost inflation, and demand> supply seems to be an on-going or continuing influence. A trade truce, US vs China, may help to increase demand and quicken the price growth as would new demand for batteries.

Ditto for tungsten with the imperative to re-arm, driving the price further and faster.

Given a price rise of 1% may produce EBITDA growth of 2-3 %, the project is gaining traction and attraction at pace.

HurstyJ

The $400m appears to be on the basis of the old 2020 resource figures. So the drilling programme might send that soaring.

Https://www.miningvisuals.com/post/charted-tungsten-production-2024

UK Critical minerals strategy. First expected in the Summer, then the Autumn, now end of year.

Few will consider the UK for such CM development. EA hurdles which delay (by years) and add immense cost, dithering politicians, energy costs 4 times that of the US, and employment costs which are multiples of those in other countries could be an explanation.

.....................started yesterday, and finishes 23rd.

https://res.cloudinary.com/investorhub/raw/upload/v1759260330/leaf-prod/212/documents/Cornish_Metals_-_Corp_PPT_-_October_2025_gp5grc.pdf

Should have written Economic war, not just "war"

War with China, should rapidly push all critical metal producers like TUN onto a premium share price.

War with China, should rapidly push all critical metal producers like CUSN onto a premium share price.

The tin price fell to $36,550/tonne from $37k plus in the last trading day.

At $36,550tonne, all other things staying the same, the NPV of the project is around £292m . Encouraging to see the tin price trending upwards.

Tin breaking out too...........

https://www.metal.com/Tin/LME_SN_3M

Https://www.metal.com/Tin/LME_SN_3M

Https://www.bbc.co.uk/news/articles/c8d7lnnvz9no

Gingy to clarify

Nothing on the share price, but a write down of £978k on the value of investments

Broomtree

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Shareholding 36