Expected Moves

This is the year CDMNF has to prove it’s not just another manganese play — it’s the one that can actually deliver.02, and the market is looking for a bull move to $0.03 (55% lean) or a bear hold at $0.02. If it cracks the bull target, the next step is the US & Canadian Critical Miner Update in January 2027, where the bar is slightly higher — $0.04 bull, $0.03 bear, with a 50% lean. Then comes the Woodstock NI 43-101 Feasibility Study Update in April, where the stakes are higher still — $0.07 bull, $0.03 bear, with a 60% lean. And finally, the Q1 2027 Results & Commercialization Update in May, where the bull target is a full $0.18, with a 55% lean. It’s a sequence of tests, each one building on the last, and each one offering a chance to move the needle — or not.

The schedule