The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
@Bubble2021, A lot of traders because we closed above important resistance on Friday, but the lack of follow through today led traders to push SP below the resistance, which had temporarily become support.
Lets see where we close today to get a bigger picture of where SP will be going, but in my opinion, it's all healthy. I don't like everyday to be green!
A bit of a "Mining in Cornwall for Dummies" kinda series, but insightful for anyone new to the Cornish history and what's happening currently! - https://youtu.be/e9JlCKoj6uI
Indonesia's tin miners target the sea, angering fishermen
https://reut.rs/3gfQaqU
CUSN is doing the rounds!
https://twitter.com/reuters/status/1403343763762647057?s=21
Jeremy Wrathall from CL in the current zoom meeting has just mentioned CL has had another grant, which will be announced on Monday.
https://www.eventbrite.com/x/157071369695/
funding news is imminent, either governmental or equity raise.
on charts, we've broken resistance at £0.16p and the next resistance is around £0.19, and we'll be in price discovery once we break £0.19. But we are currently overbought, so I expect an SP retraction in the coming week ahead, though considering it's G7 week/end, we could remain overbought for sometime, probably test the £0.19 resistance before coming down a bit to retest £0.16p and then hopefully resumption back up again. I'm happy with how things are going!
https://www.youtube.com/watch?v=tO25QQw0bcY
Event agenda:
Introduction and event details
Cornwall’s Mining High Potential Opportunity
A short film featuring members of Cornwall’s Mining Alliance highlighting the wealth of opportunities that exist in the region
Discussions with industry
Benchmark Mineral Intelligence: The future scale of lithium demand
Fieldfisher - Supplying responsibly: Towards a clean minerals supply chain
Digbee ESG – Mining: The world’s catalyst for a low carbon economy
Mining Investment Pitches
Five of Cornwall’s exploration companies pitch for investment, including;
Cornish Lithium | Tungsten West | Cornish Metals | Cornwall Resources | British Lithium
https://www.independent.co.uk/news/uk/politics/g7-2021-summit-cornwall-updates-b1862656.html
https://twitter.com/kathywardleitv/status/1402611597600821249?s=21
https://www.globalminingreview.com/mining/08062021/department-of-international-trade-identifies-cornwall-as-prospective-mining-area/
Nothing we don’t already know, but always good to see what the word on the street is.
I don't think it will be this week. it'll be too premature. I think they will let the dust settle after G7, to get G7 and other countries and big investors to prep to invest, and when that happens, they will definitely overfund within the same day. So I reckon fundraise could be from two weeks time or by end of month.
This weeks is purely making the vision and opportunity clear to the rest of the world.
then by end of next year, CL will potentially float.