Cornish Metals Inc. (TSE:CUSN) has released an update.
Cornish Metals Inc. has addressed the recent unexplained drop in its share price, reiterating the company’s strong position following a positive Preliminary Economic Assessment for its South Crofty tin project. The assessment forecasts a $201 million after-tax NPV and a 29.8% IRR, underscoring the project’s viability as a low-cost, long-life mining operation. Additionally, the company is preparing a technical report and will soon release its financial statements for the first quarter of 2024.
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