1st half done, now for the 2nd half of drilling!👌🙏

https://investors.cornishmetals.com/announcements/7561779

Company update

Update on surface diamond drilling programme in the Roskear area. Highlights Drillhole SDD26_001A completed to a final depth of 1,199.1 metres Multiple target mineralised structures intersected, including mineralised structures which host existing Mineral Resources Mineralised structures intercepted west of current Mineral Resource estimate (“MRE”) envelopes, highlighting *potential opportunities for resource growth* Second drillhole, SDD26_002, to commence targeting the same structures approximately 100 metres west of SDD26_001A Samples currently being prepared for shipment to ALS Laboratories in Loughrea, Ireland, with assay results expected in June 2026 https://investors.cornishmetals.com/announcements/7561779

Price trend DOWN

I'm just in the green and upped stake by 30%. Any news affecting TIN, or is it just UK economic malaise and long weight for miners to get going?

New bonds issued

Don Turvey, CEO of Cornish Metals commented: “We are very pleased to have successfully completed this US$210 million bond fundraising, securing the debt portion for the South Crofty project financing. We are delighted to welcome our new bondholders to the Cornish Metals story, and we are grateful for the continued support of our existing shareholders. Project financing is progressing well and we expect to be fully funded and to announce the final investment decision for the South Crofty tin project this summer. With strong stakeholder support, robust economics and clear development momentum, we are well positioned to advance South Crofty towards production in mid-2028 and to deliver a secure domestic supply of tin for the western world.”... 🤔

Buying Shares

Someone tell me how I've had an order to buy at 104.1 open all morning and yet the price dropped to 100 accroding to WeBull and there has been consistent volume below this order price all morning.

Target price 196 pence!

Investing.com -- Berenberg has initiated coverage of Cornish Metals Plc (LON:TIN) with a "buy" rating and a price target of 196 pence, implying about 66% upside to the stock’s last close, as the company advances plans to restart its South Crofty tin mine in southwest England. The AIM-listed developer is targeting first production by mid-2028. Berenberg values the company at 0.60 times net asset value, including a 50% risked exploration upside, with total NAV estimated at 343 million pounds, or 196 pence per share. Follow real-time stock swings and analyst updates on InvestingPro - up to 50% off South Crofty underpins the valuation, contributing 178 million pounds on a fully risked basis, with additional upside of 143 million pounds linked to life-of-mine expansion potential. Net cash and corporate adjustments add a further 21 million pounds. The project is modelled as a 500,000-tonne-per-year operation over an initial 14-year mine life, producing about 3,500 tonnes of tin annually on average. Output is expected to be higher in early years, supported by stronger grades. Berenberg assumes a long-term tin price of $40,000 per tonne and forecasts average annual revenue of around 100 million pounds over the mine life, rising to roughly 130 million pounds in the early years. EBITDA margins are seen at about 60%. Free cash flow is projected at around 65 million pounds annually in the first five years of production. Total pre-production capital expenditure is estimated at 198 million pounds, with Berenberg applying higher contingency and cost assumptions than the company’s preliminary study. Cornish Metals is expected to remain loss-making until production begins, with revenues forecast to start in 2028. Net debt is projected to peak at 151 million pounds that year before declining as cash generation ramps up. Securing project financing is the key near-term catalyst. Berenberg models a funding package of 140 million pounds in debt and 70 million pounds in equity, with completion expected in mid-2026. The company has also received a non-binding financing indication from the U.S. Export-Import Bank. The broker highlighted further upside from exploration, which could extend the mine life to more than 30 years. However, it flagged risks including funding delays, cost overruns, and tin price volatility. Berenberg also outlined a bullish scenario valuing the shares at 397 pence and a downside case of 39 pence, depending on commodity prices and project execution..... 🤔

End of year results

AUDITED FINAL RESULTS FOR YEAR ENDED 31 DECEMBER 2025 2 April 2026 Cornish Metals plc (AIM: TIN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on advancing its wholly owned and permitted South Crofty tin project (the “South Crofty” or the “Project”) in Cornwall, United Kingdom, is pleased to announce its audited final results for the year ended 31 December 2025. Company Highlights for year ended 31 December 2025: £57.4m fundraise completed in March 2025, anchored by the National Wealth Fund and Vision Blue Resources. Re-domiciled to the UK, simplifying the Group structure and strengthening strategic alignment. Strong progress at South Crofty, with dewatering to approximately 370 metres and New Cooks Kitchen shaft refurbishment advancing to the mid-level pump station. Surface works progressed, including process plant excavation, Roskear shaft groundworks, Mine Dry refurbishment and Bartles Foundry development. Key long-lead items secured, including production and service winders, supporting construction readiness. Updated Preliminary Economic Assessment (“PEA”), published on 29 September 2025, confirmed robust economics, including £180m NPV6% and 20% IRR, positioning South Crofty as an important low-cost, long-life tin producer. Front End Engineering Design (“FEED”) and detailed engineering underway, advancing project readiness. Leadership strengthened and workforce expanded to approximately 100 employees. First Sustainability Report published in line with GRI Standards, reinforcing commitment to responsible mining. Strong safety performance maintained, with zero lost-time injuries. Don Turvey, CEO of Cornish Metals commented: “This has been a year of strong progress for Cornish Metals as we advance South Crofty towards production and position the Company as a future supplier of secure, responsible tin. We strengthened our financial position through a £57.4 million fundraise, completed our re-domicile to the UK, and made significant progress both underground and on surface, with early construction activities now underway. “During the year, we have continued to de-risk several areas of the Project. Mine dewatering and shaft refurbishment advanced, surface infrastructure is taking shape, and key long-lead items have been secured. The commencement of FEED and detailed engineering marks an important step towards construction readiness, while the updated PEA reinforces South Crofty’s strong fundamentals as a potential long-life, low-cost tin producer with attractive returns. We have continued to strengthen our leadership team, expanded our workforce and invested in training to support project delivery and create long-term value for local communities. “Looking ahead, 2026 will be a pivotal year as we progress project financing and a final investment decision. With strong stakeholder support, robust economics and clear development momentum, we are well positioned to advance South Crofty towards production and deliver a secure domestic supply of this critical mineral.” The Annual Report and Accounts are expected to be available on the Company website on or around 13 April 2026.

OPERATIONS UPDATE FOR THE SOUTH CROFTY TIN PROJECT

The level of detail they give to investors is great https://investors.cornishmetals.com/announcements/7354956

UK-USA 🇺🇸 sign agreement

New UK-US partnership will help secure supply chains of critical minerals, driving investment into UK projects. Partnership backs the UK’s Critical Minerals Strategy, helping to shore up supplies of everyday products like smartphones, laptops and fridges. Foreign Office Minister Seema Malhotra signed partnership with US Under Secretary of State Jacob Helberg at meeting of over 50 countries in Washington DC yesterday. UK businesses are set to receive a major boost, as the UK and US sign a partnership to secure supplies of critical minerals which power everyday essentials like smartphones and fridges. At a meeting of over 50 countries in Washington DC yesterday, Foreign Office Minister Seema Malhotra signed a Memorandum of Understanding with US Under Secretary of State Jacob Helberg to speed up efforts to secure the critical minerals needed to boost domestic production and power the industries of the future. This partnership follows the new Critical Minerals Strategy published last November, backed by up to £50 million of new funding to turbocharge domestic production and processing in critical minerals. Through the Strategy, the Government is taking decisive action to ensure no more than 60 percent of the UK’s supply of any one critical mineral is imported from any one country by 2035. The new partnership will allow the UK and US to work closer together and encourage greater private investment in areas like mining and processing, helping crucial sectors like automotive, defence and clean energy in both countries get the minerals they need. Foreign Office Minister Seema Malhotra said: As demand for critical minerals around the world continues to rise, this Memorandum of Understanding with the United States underscores our commitment to working as close allies to build resilient, diversified global supply chains. This is an important step in safeguarding long‑term economic growth at home and protecting the UK’s interests around the world. Industry Minister Chris McDonald said: We need critical minerals for everything – from the phones we use to the cars we drive. This partnership with the United States will boost minerals projects across Britain and drive new investment into businesses. Our Critical Minerals Strategy stressed the importance of forming international partnerships to diversify our supplies of minerals, and this signing does exactly that. This is the latest step the Government has taken to secure the UK’s supply of critical minerals, which are vital for economic growth, national security and powering the sectors of the future. Yesterday’s signing adds to a growing list of countries the UK has signed critical mineral bilateral agreements with, including Australia and Canada. The critical minerals sector contributes £1.79 billion to the UK economy and directly supports over 50,000 jobs, while there are currently more than 50 critical mineral projects based in the UK aimed at extracting and refining these vital materials

Stock options

Cornish Metals plc (AIM:TIN) has issued 8,370 new ordinary shares following the exercise of stock options, according to a company statement released Tuesday. The mineral exploration and development company, which is advancing its South Crofty tin project in Cornwall, United Kingdom, reported that 33,332 options over ordinary shares were exercised using the net exercise method. This approach, permitted under the company’s share option plan, allows for issuing ordinary shares equivalent to the value of the net gain between the exercise price and market value on the exercise date. The newly issued shares will rank equally with existing shares, and the company has applied for them to be admitted to trading on AIM. Admission is expected to become effective around January 30, 2026. Following the admission of these new shares, Cornish Metals’ issued and outstanding share capital will consist of 125,464,967 ordinary shares of 0.05 pence each. The company confirmed it does not hold any shares in treasury. Cornish Metals is focused on bringing the South Crofty tin project into production. The project is a historical underground tin mine located in Cornwall with existing infrastructure including multiple shafts. The company has secured permits for underground mining valid until 2071, as well as approvals for constructing a new processing facility and necessary site infrastructure. The information in this article is based on a press release statement from the company.

👌👌👌

Look promising,definitely it will go higher.