Bacanora Lithium Share Discussion Threads

[hiddendepths] 03/1/2018 15:32

Well, someone snapped up the odd million about two minutes after I posted!

[adobbing] 03/1/2018 15:12

KDNC will eventually catch up as they still own a not insignificant chunk of BCN and the wider Sonora project itself.



The direct and indirect interests of Cadence in the Sonora Lithium Project and other mineral concessions in the Sonora province are as follows:

- La Ventana and La Ventana 1, which are 100 percent owned by Minera Sonora Borax S.A. de C.V.("MSB"), a wholly-owned subsidiary of Bacanora; Cadence, through its direct interest of approximately 7% of Bacanora, has an indirect interest in these concessions of approximately 7%.

- El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 concessions, which are held by Mexilit S.A. de C.V. ("Mexilit"). Cadence has a 30% direct interest in Mexalit through its Joint Venture with Bacanora, and when combined with Cadence's direct interest of approximately 7% in Bacanora, has a total economic interest in Mexalit of approximately 35%.

- Buenavista, San Gabriel and Megalit concessions, which are held by Megalit S.A. de C.V. ("Meglait"). Cadence has a 30% direct interest in Megalit through its Joint Venture with Bacanora, and when combined with Cadence's direct interest of approximately 7% in Bacanora, has a total economic interest in Megalit of approximately 3%.

[hiddendepths] 03/1/2018 15:09

KDNC getting left behind!

[melody9999] 03/1/2018 15:04

technical break or leaking good news?

[adobbing] 03/1/2018 14:04

When the world wakes up to the metrics above then this stock will massively re-rate!

[igbertsponk] 03/1/2018 13:44

$1.25bn NPV of Sonora project - read the 13/12/2007 Feasibility Study RNS above.

[tinman] 03/1/2018 13:40

Market cap about £150M, Lithium valued at around £1.3Bn ?

[adobbing] 03/1/2018 13:22

Long overdue but still massively undervalued based on the size of the resource!

[richsawko] 03/1/2018 13:14

Starting to really motor now. All looking good for the future

[ifthecapfits] 19/12/2017 22:18

maybe. What's fair price?

[adobbing] 19/12/2017 17:24

Long overdue and still a lot more re-rating to go!

[glawsiain] 19/12/2017 16:46

Closing at an all time high. Has this finally begun re-rating?

[ifthecapfits] 15/12/2017 08:45

Bloomin good news this.

[uapatel] 15/12/2017 08:39

Good spot melody, worth saying twice

[melody9999] 15/12/2017 08:17

Yep all good. Interesting to read that "BCN agreed to supply" rather than " nextview agreed to purchase". Shows that BCN have power in the negotiations.

[igbertsponk] 15/12/2017 08:10

More great news. Seems everyone wants some lithium supply certainty and they're willing to invest to ensure it. Good to see offtake is at market price.

[hiddendepths] 15/12/2017 08:01

Is this share finally going to pop? Feels to me as though there's pressure building up......

[temmujin] 15/12/2017 06:34

solgold mk2..dont forget cadence which is even more undervalued

[rossowheels] 13/12/2017 09:50

Does anyone know who is providing the CAPEX and OPEX?

[igbertsponk] 13/12/2017 09:30

Compare with this much earlier stage company that has a £232m market cap and a lot less lithium!

[igbertsponk] 13/12/2017 09:13

Take the NPV of $1.25bn, knock off the $420m costs, and you get the market cap... in a perfect world!