Member Info for Valuation-it-is

https://www.youtube.com/watch?v=ja-06qfDD2E

https://www.youtube.com/watch?v=jFAv6FK8SVw

Hope you are back in, Bubble.

https://www.theedgemarkets.com/article/tin-price-ends-historical-high-us40400-tonne?

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

MO "Don't we have an American investor backed by the US Gov ?"

It is CL that has the investor backed by a US government agency, which is tasked with gaining critical material supply.
I would not be at all surprised if that investor is looking at funding CUSN as well though, as tin is on the US critical metals list.

MO "CL should drop the rock 1st policy imho."

Cl's messaging on this has left some confused. Me included. When I last asked them about their priorities they replied that they were putting maximum effort into advancing both as fast as possible. I got the impression that they think rock will be first into production, but not through a conscious choice they have made.

CK - Are you looking at
http://www.shfe.com.cn/en/products/Tin/

What pushed the price ?

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

https://www.mining.com/researchers-discover-resurrection-method-for-dead-lithium-in-li-ion-batteries/

https://www.mining.com/web/france-plans-1-1-billion-to-safeguard-metals-for-ev-batteries/

https://www.mining.com/web/chilean-court-rejects-appeal-to-stop-tender-for-new-lithium-contracts/?utm_source=H%26P+Master+Contact+List+%28Sements+and+Tags%29&utm_campaign=1948986e2c-EMAIL_CAMPAIGN_2018_10_05_07_47_COPY_01&utm_medium=email&utm_term=0_dd4f91613c-1948986e2c-577602706

It is good to be able to read your exchanges. By pooling knowledge and debating issues without rancour, we can all improve our investment performance. Many thanks.

From page 66.............
"Medium-grained lithium-mica granite is a characteristic of the St-Austell pluton and
Godolphin Mass, but is not developed at surface in any other granite’s (Hawkes 1993:
96). Northwest of Dartmoor near Meldon village, a granitic dyke made of lithium
bearing material cuts country rock. The dyke, approximately 12m wide, consists of a
whitish aggregate of quartz, albite and orthoclase, with flakes of lithium-mica providing
67
a pale brown speckled appearance (Hawkes 1993: 97)."

St Austell area - Cornish Lithium and BRitish Lithium are onto it.
Godolphin area - Cornish Tin ltd is onto it.
Meldon - - Is anyone looking at it?

Copper1 16.29

I think it is to do with the jump in the short position. see https://ceo.ca/cusn

Looking at the short position, someone has recently sold shares they do not own to the extent of nearly half a million.
It looks as if the shorters are having another go to try to drive the price down. Watch out for knocking copy.

I think it is a very risky thing to do, as CUSN is going to be announcing quite a lot of drilling results over the coming weeks. If the results continue to be good, CUSN will be able to point to a second meaningful resource, which will underpin a much higher share price.
The shorter got badly burned last time, so perhaps they think the tin price is heading for a fall. The spot market for tin seems pretty steady - which actually is positive for CUSN as recently discussed.
There is, as yet, no sign of the PDMRs selling the shares they got through options recently, which I also take as a good sign.....

MO 16.43 Great post MO, very informative. Let us know when you are fully invested, I might follow you in.

https://cornishlithium.com/projects/lithium-in-geothermal-waters/twelveheads/

Q1 2022................. "From this research borehole, we will recover rock core, which will be analysed................."

MO
"Value for money TIN TIN TIN. Have we had tin news to make the sp move up from 14p quickly ?"

Yes! At a company level we have had continuing encouraging results from United Downs, with strike remaining open. See RNS's from
7 December
3 November
23 September
These follow on from the upgrade to resources announcement at South Crofty in June.

Furthermore the global tin market is encouraging. Every month that the tin price stays around $40k per tonne moves the trailing 3 year average tin price up, and thus improves the NPV of the 2017 PEA of South Crofty,
see
https://cornishmetals.com/site/assets/files/4962/2017-03-31-scrofty-pea-c84ol6.pdf

making it more likely to be financed, therefore moving us towards realising the $500+m of value from the 2017 indicated and inferred SC resources, and the possibility of increasing the 2017 resource tonnage considerably. See my post from Tuesday at 12.00 titled
" Trailing 3 year average tin price calculations=> valuation/share" which looks at the impact of the rise in the trailing average tin price on the resources as at 2017 i.e. before the uplift in resources in June.

It is probably consideration of the above, and perhaps other factors that caused the holder(s) of the short position to reduce
their short recently.
CUSN's exposure to Lithium through Cornish Lithium See page 8 of
https://cornishmetals.com/site/assets/files/4930/202110-cusn_corp__pres__web.pdf
is icing on the cake........................

Fira2011
At 0.33p per share HL records the market cap as £6.55m. If the company was wound up what would its three assets sell for?
My guess is that we are near that level. There may also be some tax losses that would be useful to another company. (e.g. TUN)
Not having looked closely, the above suggest to me that there is not much more downside from here.
I think AB put some of his own cash in recently, and has a significant holding.
My view is to stick with it, and write off the delays to a combination of covid and incompetence. But that is after a very superficial look.

MO 10.02
That is a teaser of a post ! 2 words got you all excited, but you haven't said which two.
Given this is about lithium from mica, and I don't think SL is looking at mica, I guess the two words are all about the process.
So for a bit of fun, I am going to guess, twice............
1. "Electric calcination"
2. "Low temperature"
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Otherwise, are you suggesting that Cinovec is going to spend $0.8bn-1.0bn on plant to produce a similar tonnage (25,267) of lithium carbonate and would need to spend another $0.35bn-0.375bn to convert the carbonate to hydroxide ?
From memory those figures are a lot higher than CL is expecting to spend on its plant. Will take a look through my notes.