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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Cornish Metals Inc. | CUSN | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
8.65 | 8.65 | 8.65 | 8.65 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 12/12/2024 11:29 by millennialinvestor Maybe thats what I need, thankfully I hold no position in cusn but will look at opening a short position if it goes higher as the delays will send this back to 0p.Can anyone on the ground provide a christmas tree update?? |
Posted at 25/11/2024 12:29 by millennialinvestor Highley I am not forgetting the short term loan facility. The loan is a complete rip off and sorry to damp your spirits but CUSN are not going to be making money by 31st March 2025, infact at this rate the mine will be full again of juice so how do you propose that they pay the loan? with another loan? |
Posted at 13/11/2024 12:50 by millennialinvestor The red thumbs need to be directed at the CUSN BOD. Terrible show here, what happened to the dewatering/shaft updates??? |
Posted at 16/10/2024 08:53 by millennialinvestor NoClue your name is coming into full force again...It is not an investment from Vision Blue, it is an extremely expensive loan which ends on the 31st March 2025. At a scary 15% p.a. CUSN will not be in production by the 31st March 2025. And therefore will only be able to pay the loan plus accrued interest by taking out more debt. Debt snowball potential is high here as I believe ALL of CUSN's timeframes are completely UNREALISTIC. And there will be a point where Creditors will stop, see CINEWORLD, H&W etc. |
Posted at 25/9/2024 11:06 by millennialinvestor MRPHIL, thanks for prompting me to investigate this further.CUSN RNS: States that CUSN own 6,713,940 CL shares. CL 2023 Financial Statement: States that CL have 620,384,718 ordinary shares in issue. 6713940/620384718 = 1.08% LOL Looks like CL have had 11 rounds of fund raising which has diluted CUSNs 25% stake to 1% ouch!! |
Posted at 04/9/2024 12:37 by millennialinvestor Sassy went quiet when I posed all the CUSN facts:(please see below) - When dewatering of the mine commenced CUSN announced that it would take 18 months to dewater the mine... - This leaves 8 months left (April 2025) and they have only reached the 280 metre mark. None of the adits (horizontal tunnels) have been dewatered - most stretching hundreds of meters across. - The water level is currently halted as extensive repair works are carried out on the new cooks kitchen shaft as fears the shaft will collapse if dewatering is resumed before the repairs are carried out. - The repair works are an additional unexpected expense, and leaves investors uneasy of any other repair works required at lower levels (more expensive). - 7B issue that keeps getting raised and vauge responses from CUSN not clarifying anything. - The lower the water level drops, the harder it is to pump water out and more energy is required. - The WTP can only discharge a maximum 25,000m3 of water per day - which will be a limiting factor for the April 2025 deadline making it completely unachievable even if dewatering resumes right now, no rain for 8 months, and they reach the 25,000m3 maximum discharge every day until April. - Cash is running out and with dewatering going to be dragging on far beyond the estimated time will make rasing cash very difficult and will certainly dilute existing shareholders drastically. |
Posted at 01/9/2024 10:50 by highley1 marwalker,A bit of a silly comment, the company can easily deny the 7b rumour if they wish, they have so far declined to do so...... I wish they would, and it would stop all the speculation, hopefully a new CEO will see the need to address the issue, and kill it dead. A mining company at CUSN's stage of development, I.E. a long way from production, needs investor support through the slow grind of the bottom of the Lassonde curve, or else people will look elsewhere. Producing gold miners is where money is being made at the moment, CUSN needs all the friends it can get, as do all the other early stage developers. |
Posted at 29/8/2024 10:57 by millennialinvestor Tthursday I think some users on here will not understand your formulas, but surely the CUSN BOD understand them!!! Where is the RNS??? Poor show once again from CUSN.I'd personally opt for the Siemens Mag Flo unit and stream this data to the Cornish Metals website for total transparency. |
Posted at 21/8/2024 09:06 by wwednesday Today the seven bees 🐝 of Cusn will be flying around Camborne in a linear formation .Lead bee 🐝 Buzzby will decide the exact route of travel , whilst we welcome a new bee into the magnificent seven . Newbie , was a gullible investor on CUSN but was saved by the original seven bees 🐝. Unfortunately honey bee has retired hence Newbie stepping up to it today . Tune in for more fun adventures with the seven bees of Cusn . 🐝🐝 |
Posted at 16/7/2024 21:35 by nocluejustarandom Seems someone at avdfn has identified cusn is most likely under valued too…In summary. Current Market Situation: Cornish Metals Inc. (CUSN) stock is currently finding support around the 5 level. This means that the stock tends to stop falling around this price as buyers step in. Key Resistance Levels: The stock is facing significant resistance between the 6 and 8 levels. For a substantial upward movement, the stock needs to break through these resistance points. Moving Averages Insight: The 50-day Exponential Moving Average (EMA) is higher than the 15-day EMA. This indicates a long-term downward trend as recent prices are lower than those over a longer period. Stochastic Oscillators: The stochastic oscillators are aligning between 40 and the oversold area. This suggests that the stock may be undervalued and could be due for an upward correction soon. Investment Consideration: Given these technical indicators, it might be a good time for investors to consider buying CUSN stock, anticipating a potential increase in value. In summary, watch for a breakthrough above the 6-8 resistance levels and consider the current support at 5 as a potential buy zone, supported by favorable stochastic oscillator readings. Always do your own research. It’s not my work, I just wrote the post. |
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