Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Cornish Metals Inc. LSE:CUSN London Ordinary Share CA21948L1040 COM SHS NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 16.25 0.00 07:39:41
Bid Price Offer Price High Price Low Price Open Price
16.00 17.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.70 -0.58 83
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 16.25 GBX

Cornish Metals (CUSN) Latest News

More Cornish Metals News
Cornish Metals Investors    Cornish Metals Takeover Rumours

Cornish Metals (CUSN) Discussions and Chat

Cornish Metals Forums and Chat

Date Time Title Posts
29/1/202320:27Cornish Metals - Copper/Tin exploration in Cornwall1,209
28/7/202110:31MILLSTONE INVESTOR4

Add a New Thread

Cornish Metals (CUSN) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Cornish Metals trades in real-time

Cornish Metals (CUSN) Top Chat Posts

Top Posts
Posted at 29/1/2023 08:20 by Cornish Metals Daily Update
Cornish Metals Inc. is listed in the Mining sector of the London Stock Exchange with ticker CUSN. The last closing price for Cornish Metals was 16.25p.
Cornish Metals Inc. has a 4 week average price of 16p and a 12 week average price of 13.45p.
The 1 year high share price is 27.75p while the 1 year low share price is currently 13.45p.
There are currently 510,950,157 shares in issue and the average daily traded volume is 191,626 shares. The market capitalisation of Cornish Metals Inc. is £83,029,400.51.
Posted at 22/1/2023 15:31 by hazl
'House broker share price Angel added: "The Carn Brea drilling has identified additional mineralisation south of the South Crofty mine providing an opportunity for further resource expansion as exploration progresses.

"The identification of previously unmined mineralisation in the ‘Wide Formation’ underlines the continuing exploration potential in an area with an extensive mining history."

SP Angel has a share price target of 48p compared to 17p today, up 6%.'

Thanks again Proactive.

48p!

Oh I hope so!

Posted at 19/1/2023 09:52 by hazl
'In January 2017, Cornish Metals entered into an Exploration and Option Deed (the “Deed”) with Cornish Lithium Limited ("CLL"), a privately funded UK-based company, whereby CLL has the right to explore for and potentially develop lithium in hot spring brines and associated geothermal energy on all Mineral Rights held by Cornish Metals through its subsidiary, Cornish Minerals Limited (Bermuda), in Cornwall, UK.

In return, Cornish Metals will have a 25% free carried interest in the first project to have a Bankable Feasibility Study completed on it, after which Cornish Metals will be required to contribute its share of development costs or its interest will be diluted. Cornish Metals will have a 10% free carried interest in each subsequent project that has a Bankable Feasibility Study completed on it, after which Cornish Metals will be required to contribute its share of development costs or its interest will be diluted.

In addition, Cornish Metals will have a 2% Gross Revenue Royalty payable from any production of metals from brines and a 2% Gross Revenue Royalty payable from any geothermal energy produced. On each anniversary of the date of the Deed for the initial five year period, CLL had the option to extend the Deed for a further 12-month period in consideration of the issuance of US$50,000 in shares in the capital of CLL to the Company. Commencing January 2022 up to and including January 2026, in the event CLL elects to extend the Deed for a subsequent 12-month period, the annual payments to the Company will be US$100,000 in shares in the capital of CLL. CLL can continue to renew the Deed after January 2026 but with a rising option fee.

In January 2022, Cornish Metals received notice from CLL whereby CLL has elected to extend its option to explore the Company’s mineral rights in Cornwall, UK, for minerals-in-brine for a further 12 months in consideration for the issuance to the Company of shares in the capital of CLL equal to US$100,000 based on CLL’s last share issue price. Upon receipt of the shares, the Cornish Metals owns a total of 6,713,940 shares of CLL.'

Posted at 11/1/2023 17:24 by hazl
I bought at about 20p looking back ....but it is the price you sell at that counts!

The share price Angel broker target 48p pleased me no end...of course will we get there who knows?




Two annoyed shorters above chortle.

Posted at 11/1/2023 14:20 by hazl
SP Angel has a share price target of 48p compared to 17p today, up 6%.


Thanks proactive!


https://www.proactiveinvestors.co.uk/companies/news/1002930/cornish-metals-announces-new-high-grade-tin-discovery-in-cornwall-1002930.html

Posted at 07/1/2023 07:45 by hazl
If we are talking common sense...during 2023 it looks as though the industrial metals index will drop, as the recovery is hindered by worl d events.
However the floor under base metals will be kept,according to EIU.com.
This might well lead to fluctuations in share prices.
That is why I have tried to pick companies that feel more solid as it is the eventual outcome that interests.

'Base metal prices will remain volatile in 2023

We expect our average industrial raw materials price index to fall in 2023 as raw material supply constraints created during the staggered economic recovery in 2021—and then exacerbated by the war—continue to ease. While a slowing global economic growth in 2023 will cut demand for base metals, boosted construction and manufacturing in China, increased demand for production in Asia and Europe held at its capacity, a floor under base metal prices will be kept.'

Posted at 06/1/2023 13:45 by hazl
CUSN Valuation from Hannam....72% upside.



'The outlook for tin at a macro level is also encouraging said Hannam.

“Within the UK, government recently published its critical minerals strategy where tin is defined as a highly critical mineral for the UK.

“The strategy outlines its plans for securing critical mineral supply chains for the energy transition, including accelerating the growth of domestic capabilities.

"As a result, we expect renewed focus on key strategic assets such as South Crofty.”

Adjusting for cash and outstanding options, warrants, and future shares to be issued under the SPA, Hannam has calculated a fully diluted, risked SOTP (sum-of-the part) valuation of C$51c or 30.6p, which Hannam says is 72% upside from the current share price.'

However there are no guarantees on any share particularly in this climate.

Posted at 30/12/2022 09:21 by hazl
https://twitter.com/CornishMetals


Cornish Metals TSX-V/AIM:CUSN
@CornishMetals
With the construction of the Water Treatment Plant on track for commissioning mid 2023 #SouthCrofty (https://bit.ly/3fPpTng), our CEO Richard Williams discusses the exciting times ahead for #tin mining in #Cornwall $CUSN https://youtube.com/watch?v=fEm2lUBSqNw
@BlytheRayPR
@TimBlythe1

Posted at 07/11/2022 18:18 by hazl
Speak for yourself MI.
I am realistic and if I was truly disappointed I would have sold.
I learnt years ago not to judge a share by it's share price alone.

It is not a competition about who is right,or wrong,it is a continual assessment and it is about doing what you want to do after sufficient research.
It does look as if copper is going to take longer to recover as things deteriorate around the world.
For me that isn't a problem.
For you, it isn't a problem,surely because you are happy to buy in cheaper....why you have to make it personal I don't know.

You seem wedded to the bb.

This resource will not deteriorate...it is in the ground and it's value will grow again....I'm sure of that....I don't take any notice of what others say I make my own mind up.
This share took longer to go down than other mining stocks,so I expect it will recover quicker as well.

Posted at 19/10/2022 07:15 by punterman
From todays Times newspaper. Perhaps explains why CUSN share price is drifting.Rio Tinto has warned that the slowdown in the global economy will hit demand for the commodities it mines.The Anglo-Australian group said commodity prices had continued to fall during the quarter and that there were "further downside risks to demand as the global economy slows . . . Labour markets are holding up relatively well, although consumer confidence has waned. Fears of recession are emerging on the implementation of aggressive interest rate hikes in the US and Europe, while a weak property sector continues to weigh on China's economy."
Posted at 25/8/2022 13:43 by gibbs1
Philip Whiterow

14:14 Thu 25 Aug 2022


Tin price at close to ten year highs, on back of electronics and renewables demand

Cornish Metals has 72% upside suggests broker Hannam

The outlook for tin at a macro level is also encouraging


Cornish Metals Inc (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF)’s assay results from the remaining four drill holes of its Phase 1 programme at United Downs project in Cornwall confirm the potential to develop a mineral resource, says Hannam & Partners.

All holes intersected multiple mineralised zones, with the United Mines target continuing to demonstrate a transition from copper-rich to tin rich at depth, as seen at South Crofty, said the broker.

The outlook for tin at a macro level is also encouraging said Hannam.

“Within the UK, government recently published its critical minerals strategy where tin is defined as a highly critical mineral for the UK.

“The strategy outlines its plans for securing critical mineral supply chains for the energy transition, including accelerating the growth of domestic capabilities.

"As a result, we expect renewed focus on key strategic assets such as South Crofty.”

Adjusting for cash and outstanding options, warrants, and future shares to be issued under the SPA, Hannam has calculated a fully diluted, risked SOTP (sum-of-the part) valuation of C$51c or 30.6p, which Hannam says is 72% upside from the current share price.


Proactive

Cornish Metals share price data is direct from the London Stock Exchange
Your Recent History
LSE
CUSN
Cornish Me..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20230130 08:01:54