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Cornish Lithium's £1.4mln crowdfunding 'an unqualified success'

Mining Capital's Alastair Ford discusses Cornish Lithium's recent £1.4mln raise via crowdfunding describing it as an 'unqualified success'.

More than 1,200 new investors took part - many of them based in Cornwall.

Ford say it now puts the company in a firm position to get on and drill its lithium brines they've been targeting.

''These are very deep so there's going to be a significantly-sized drill rig going down to the project within a couple of weeks and the idea is to get drilling in November''.

''If they hit what they think they're going to hit it could be a significant leap forward for them''.

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Full interview: Cornish Lithium looks ahead to exploratory drill campaign...

Jeremy Wrathall, CEO of Cornish Lithium, speaks to Proactive London's Andrew Scott after announcing they've closed their £1.4mln financing through Crowdcube. He says more than 1,200 new investors took part - many of them based in Cornwall. Wrathall adds that first exploration drill holes...

on 2/10/19

2 min read