Member Info for Valuation-it-is

After the £10bn from UAE.......
"Ministers aim to secure a multibillion-pound investment from Saudi Arabia to fund renewable energy and infrastructure projects in the UK after yesterday's announcement of a £10 billion deal with the United Arab Emirates. Kwasi Kwarteng, the business secretary, visited Saudi Arabia in June for talks with its foreign minister, and negotiations are understood to be under way with Boris Johnson's investment envoy Lord Grimstone of Boscobel." - The Times

That's the same Lord Grimstone that visited South Crofty...................

https://www.mining.com/sibanye-stillwater-grabs-50-of-nevada-lithium-project-for-490m/

22,000 tonnes per annum envisaged. About the same as British Lithium planned output........
What do you think MajorOak?

Why not turn up and say what you think about SML BoD direct to their faces?

https://presslasvegas.com/news/uk/gigafactory-business-britishvolt-valued-at-more-than-1bn/

LLinv
Many thanks for the tip off.
The link https://www.telegraph.co.uk/news/0/lies-beneath-gold-cornish-countryside/

As regards disruption to communities on the surface, there is unlikely to be much of that. For SC there are huge voids to be filled below ground so waste from sorting underground will largely stay underground. Water will be cleaned before release and the red river is likely to be cleaner than before.
For CL, Trelavour hard rock processing may actually clean up some of the spoil tips (Cornish Alps) whilst the surface foot print of Lithium in Brine drilling is tiny.

Tyson
You could try contacting the company. At present there is no market in CL shares. However there will be people who wish to, or have to, sell. The company or crowdcube might be prepared to put you in contact with them and you might be able to arrange to buy someone's shares privately.
Otherwise if you wait until Q1 2022, it is likely that CL will then IPO on AIM, although their expectation will probably be to be floating at a higher price than their last issue. Given all the news re Lithum demand and the COP meeting in Glasgow, I would be surprised if they do not pull that off.

The share price has dropped, probably in a reaction to comments about the United Downs drilling results. Perhaps some holders were expecting better news. The news did confirm that the UD Lode was intersected in five of the six drill holes reported to-date, and had been traced over a 200 metre strike length, remaining open along strike, which is good news leaving open the possibility of extending the strike length.... and highlights the potential to discover new zones of copper-tin-silver mineralisation adjacent to the main target," The extent of the mineralisation was perhaps a little disappointing, but drilling continues.
UD in my opinion is a potentially valuable side show to the main resource which is South Crofty, the value of which after costs of extraction admin, tax etc are thought to be many multiples of the market capitalisation of the company. The reaction to the UD drilling news is perhaps an opportunity to buy into the main resource cheaply.
CUSN is likely to be in the news over the next few weeks. There is the Cornish Mining conference coming up, and more drill results, as well as the IPO of Tungsten West which will draw attention to all mining companies in the SW.

The announcement appears to have been moved/deleted. Anyone know why?

https://www.hydrogenutopia.eu/news/9-9-21?utm_source=Hydrogen+Utopia&utm_campaign=3aa1fe48d4-PRESS_RELEASE_31_08_2021_COPY_01&utm_medium=email&utm_term=0_3163b59339-3aa1fe48d4-471526057

And another $617.50so far on Friday............... now $33,807.50

SC looking better and better. Conference coming up.

Anyone know how close the railway line passes to the proposed site for the DMGs?

https://uk.investing.com/commodities/tin-streaming-chart

TW around the corner. Could be a very interesting arrival. MajorOak - are you on the case?

Dr A
If a DMG can itself produce electrical power from syngas, why would PHE bother to split hydrogen out of the syngas, to then provide the hydrogen to ITM to put into a fuel cell to produce electricity? I can see why hydrogen might be produced by a DMG to power fuel cells in vehicles, but cannot see the point of making it, then passing it to a fixed site fuel cell..............

https://www.telegraph.co.uk/business/2021/09/06/jcb-heir-launches-1bn-fund-put-britain-forefront-hydrogen-revolution/

Lot of new posters suddenly arriving and trying to manipulate sentiment. Look at the recent posting history to identify them.
I think I will stick to Dr A, Kenny and one or two others who have been around a long time..................

Interesting report on tin by Stockhead based on an interview with Mark Thompson of Tungsten West

https://stockhead.com.au/resources/school-of-rock-all-you-need-to-know-about-asx-tin-stocks-the-forgotten-battery-metal/

HUI buyout of PHE?

At the moment HUI is trying to raise money to buy its first DMG. If they had enough money to do that they might consider buying PHE, but it doesn't seem likely at the moment. Having said that, HUI's advisor H White and his family do have a large shareholding in PHE which could be used as a springboard for a bid, if HUI do raise a lot of finance in a IPO.
I wonder why HUI have made their announcement before Linde has signed? It clearly will be beneficial for the PHE share price, so I am wondering if HUI plan to sell shares in PHE to raise funding for their developments Poland etc.

pawgee

See page 7
https://cornishmetals.com/site/assets/files/4930/2020-05-01_cornish_metals_presentation_website-min.pdf

My understanding is that CL have negotiated an exclusive right with CUSN.

https://www.youtube.com/watch?v=wDKLoLUQgH0

At 13.25 in he talks about prices of battery materials. The whole interview is fascinating and an insight into the potential for hydrogen combustion engines.