Member Info for Valuation-it-is

"Subject to timely closure of target opportunities and timely receipt of development fees and initial payment for technology equipment and services, the Company still expects to see its first year of profitability in 2021."

https://www.telegraph.co.uk/business/2021/07/19/chemicals-giant-seeks-taxpayer-cash-hydrogen-car-parts-plant/

And on Reuters
https://www.reuters.com/business/energy/australias-vulcan-energy-signs-lithium-hydroxide-supply-deal-with-lg-energy-2021-07-18/
""At the moment we are in a really nice position here we’re getting overwhelmed with demand from OEMS (original equipment manufacturers,""
Great news for Cornish Lithium and CUSN with a) its shareholding in CL and b) its royalty agreement with CL

https://www.metalbulletin.com/Article/3999249/Hotline-and-Comment/Vulcan-Energy-signs-zero-carbon-lithium-supply-deal-with-LG-Energy-Solution.html

https://uk.investing.com/commodities/tin-streaming-chart
Up $555 to $33,650 per tonne.....................................
Great to be invested in South Crofty................

https://uk.investing.com/commodities/tin-streaming-chart
Copper up too,
and with UD drilling news to arrive shortly, those who have sold this share short are running a big risk. Hannam is valuing the shares at 22.2p ............. I reckon we will see some closing out of short positions......................

Bubble Yes it is a good read, thanks for the tip off.
Thanks to Troajan on SML .......
In case anyone else is interested
https://www.proactiveinvestors.co.uk/companies/news/955016/copper-silver-and-nickel-to-get-a-boost-from-biden-infrastructure-plan-955016.html

Z-cars
It may be cheap, but don't forget the maxim, don't have all your eggs in one basket...............

Thanks CK, for the site treatment plant link. Most interesting. There will be a significant cost to keep that going. I wonder if the Government bears it? They must have some spare capacity to be able to take sludge from SC. I wonder if amongst the iron they might find some rare earths.

https://www.mining.com/copper-mining-is-opec-on-crack-why-is-the-price-falling/?utm_source=Copper_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=copper-mining-is-opec-on-crack-so-why-is-the-price-falling

CornishKnocker
RE
"Nothing to do with Wheal Jane will be cheap, the mine is incredibly wet and the water incredibly acidic."
Did you see:-
https://www.mining.com/researchers-use-biochar-to-sequester-arsenic-in-acid-mine-drainage/?utm_source=Suppliers_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=researchers-use-biochar-to-sequester-arsenic-in-acid-mine-drainage

At 1 min 50 CUSN is first on his list of small mining companies!

https://www.mining.com/copper-supply-gap-to-emerge-in-second-half-of-the-decade-new-report-says/

https://www.mining.com/ivanhoe-already-has-162000-tonnes-copper-in-ore-stockpiled/

Thanks for the feedback CK.
How do you think hiring will go? 25o jobs, will the local area be able to provide them or will the company have to look further afield do you think? I am hopeful that the vast majority of positions can be filled locally but it is a long time since people were employed at SC. Training hopefully will come under a Govt. scheme........ I guess there are some 50-65 year olds who would be keen to pass on their know-how to a younger generation....

On the CUSN website it states "As part of the intense exploration period that Cornwall enjoyed between the 1960s and 1985, an underground exploration drive was developed during the 1980s westwards from Wheal Jane through Mount Wellington mine at 6 level elevation"

Does that mean that ore from the Mt Wellington area could be retrieved via Wheal Jane ? If so, it might mean a quick and cheap route to commercialisation of UD is possible if WJ owners give permission.

We wreckers are getting our cutlasses and swords ready for an affray. Better be a bit more respectful Gaspunter it could be dark tonight...........................

777jimster. Welcome

Here's a bit of fun for you......... +Gives you an idea of the extent of the past mining in Cornwall
https://www.youtube.com/watch?v=n9SD1Z1f0ac

the recent RNS and the updated brokers reports and valuations e.g. Hannam and Partners 22.2p

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

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