Bacanora Lithium Share Discussion Threads

[red nutter] 21/2/2017 09:01

lift off to £1!

[ifthecapfits] 21/2/2017 08:37

Seems the market likes the news.

[cyfalafwr] 21/2/2017 08:09

FQR714BHP
21 Feb '17 - 07:39 - 3379 of 3382 0 0

Who Cares


I do because I have invested my hard earned money in BCN EMH REM.
I like to know what is going on behind the scenes especially with AIM.

[hutch_pod] 21/2/2017 07:56

Ah yes, thanks bookwormrobert.

[fqr714bhp] 21/2/2017 07:54

It just gets better and better for BCN. EMH. REM.

All we need now is the study report and the Asia offtake.

And Bob is your uncle, as they say.

[bookwormrobert] 21/2/2017 07:41

Also a long write up about Zinnwald for Bacanora in the Telegraph today.

[fqr714bhp] 21/2/2017 07:39

Who Cares, all i can see is that this is great news for REM
Like i said before roll on 2019-2022.

REM can not stay at 0.500p for ever, it will rocket at some point in time.
Well done BCN.
Keep up the good work.

[cyfalafwr] 21/2/2017 07:11

Competition for EMH?
Is this why Kiran left the board?

[runthejoules] 21/2/2017 07:07

In case anyone missed it BCN has bought a 50% stake in a prospect near Dresden

[andrbea] 17/2/2017 13:10

Would be nice to see an update on the offtaker in Asia. When will this be wrapped up?
end of Q1, end of Q2?

[cpap man] 14/2/2017 10:27

Everyone should just relax as BCN are looking very good as are almost all the LITHIUM plays including fellow LITHIUM play namely AIM listed KOD due to this from Aussie listed BGS who are neighbours to KOD's LITHIUM play....

[simonsaid1] 13/2/2017 15:08

Lots of unrest here and on LSE, we're all fed up with the total radio silence from BCN. Getting very nervous that something isn't right. Rejecting the REM bid and Blackrock's relatively high placing seemed like shows of confidence to me, but have to wonder where that momentum has gone. Pretty high trading volumes and steady SP, so clearly investors are buying and selling pretty evenly and it's in limbo.

[keya5000] 13/2/2017 14:43

Only miner/resource stock on my list thats unloved today.

[hazelst] 13/2/2017 14:43

Two months of advanced talks with off takers, how much longer?

[runthejoules] 09/2/2017 22:21

Well, REM's rejected takeover bid was £1 and Blackrock bought in at 80p so it won't be any less than £2-3 I reckon. They have been slow with this one and other mines are catching up, but yep, Central America will need lithium as will Far East. It ain't just gonna be TSLA making batteries. LSE board is a bit better for info than this one tbh. I'm sure this will happen, I just wish I'd done more research and put more money into EMH than this one, and not been so damn patient. Having come back in in the 80s, constantly waiting for PFS & offtakes that were continually round the corner, I'm upside down with this investment. I don't see it going under 73p again though.

[citywired] 09/2/2017 21:58

They would do a valuation. So does anybody have a clue whether indicated resources are independently verified and industry approved? Also what is the level of capex required, because management pocketed 20% of 2015's equity financing in salaries/bonuses. Cashburn.

What will China pay for, discounted?

And what will be left for shareholders once management itself gets its cut?

[ifthecapfits] 09/2/2017 09:43

"I've heard just about every aim explorer from oil gas copper zinc alu gold silver and now lithium all pray for a miraculous Chinese takeover.

That is no way to stake an investment decision, it's wing and prayer. Futile"

Agreed - but they are in need of what we have.....and there is precedent with recent deals in the sector.

[qackers] 09/2/2017 09:11

hxxp://insideevs.com/worlds-4th-richest-person-carlos-slim-to-enter-ev-business-with-mexican-made-offering-for-2018/

Electric cars to be made in Mexico?

[citywired] 07/2/2017 20:18

I've heard just about every aim explorer from oil gas copper zinc alu gold silver and now lithium all pray for a miraculous Chinese takeover.

That is no way to stake an investment decision, it's wing and prayer. Futile

[steeplejack] 06/2/2017 08:49

Being eclipsed by EMH here.It all appears to be going rather quiet here.Just hope there's a lot of paddling going on below the waterline.

[rossowheels] 27/1/2017 19:44

simonsaid1: I agree that the share price is sentiment driven. Unfortunately the sentiment drove the price up to 100p because of KM's board appointment, the Tesla contract and the former earlier timescale. What this needs is a sentiment boost from perhaps a large Chinese investor etc. At the moment it's just mud in the ground albeit mud containing valuable lithium.

[simonsaid1] 27/1/2017 17:10

The problem is saying 'a level commensurate with where they currently are' is not empirical. This is a speculative stock, the price is entirely related to sentiment and it's already a lot lower than it has previously been at other times since IPO. You can't compare it to profit making companies when it's still in the setup phase of its main financial activity.

The next earnings release is at the end of next month, and while the actual earnings are pretty meaningless at this stage, hopefully the accompanying statement will give some idea of where management are, how the offtake negotiations are going with this mystery Chinese partner, progress with finance etc.

[rossowheels] 27/1/2017 16:46

This has the potential to go a great deal lower before finding a level commensurate with where they presently are which is: lack of a customer, finance & any sense of urgency. Correct me if I am mistaken, please.

[simonsaid1] 27/1/2017 13:13

Here here! They're on-target and feeling bullish enough to resist buyout. Seems to be a desperate need to play it down on this thread. It's a long term buy and hold, what else did you expect from a pre-production lithium play?

[senttothegallows] 27/1/2017 12:46

Someone is desperate to try and get this down. Directors are doing a fantastic job of moving this world class mine towards production and massive profitability. The worst scenario would be for it to get taken over at £2+ in the very near term