Bacanora Lithium Share Discussion Threads

[jamesrobbins] 19/8/2019 12:50

I find this part of today's deal between Ganfeng & Lithium Americas very interesting quote "Upon closing, Ganfeng Lithium has increased its interest in Caucharí-Olaroz from 37.5% to 50%, with Lithium Americas holding the remaining 50% interest." ..................... Ganfeng increased to 50%. Bacanora next then the rerate will begin.

[jamesrobbins] 19/8/2019 12:44

https://www.lithiumamericas.com/news/lithium-americas-completes--us160-million-project-investment-by-ganfeng-lithium ........... Bacanora next in my opinion. The Chinese are building lithium supply, reckon they will take a bigger piece of the pie with Bacanora like they have just done with Lithium Americas. Have a good day.

[ntbb] 15/8/2019 09:57

Have they sorted the legal issue with the late chairman claims? I dont think so

[marvelman] 09/8/2019 17:16

One assumes BCN will issue shares to the value of 14 million which would certainly be dilutive. £14 million will not go far

[ntbb] 09/8/2019 16:26

Chinese paying 25p a share for 29.99%, share price should be near 25p


"Cornerstone strategic investment of 29.99% in Bacanora for GBP14,400,091

[richsawko] 07/8/2019 15:22

I note Gleencore has halted production of cobalt at a mine in Afric citing reduction in price if the product used in car batteries due to over production. Could this be the reason behind the fall in our share price?

[dssloan] 01/8/2019 08:41

True...and the Commerce Dept.'s approval - due to its status and field of responsibility - is pretty confidence-boosting.

[dplewis1] 01/8/2019 08:13

Same here I had no idea it was 3 separate permissions. Although you'd have thought once they've got one through the gate the other 2 won't be far behind.

[dplewis1] 01/8/2019 07:37

Is this the cudmore 'ramp of the day' then??

[dplewis1] 01/8/2019 07:36

I've owned BCN about 5 years..had to average down each time it dropped. Sadly I also owned KDNC at one stage but sold that dog a while ago..

[cudmore] 01/8/2019 07:34

Dplewis

You in here too? Didn’t think you liked to hold stocks that ‘rampers’; Like myself are holding? 😆

[dplewis1] 01/8/2019 07:07

First of the approvals back from China..hopefully get a good reaction today.

[dplewis1] 29/7/2019 12:30

Movement..might have timed my purchase nicely for a change!

[dplewis1] 26/7/2019 09:08

Well fwiw I just bought another 5k in case there's an RNS later today or Monday morning.

[saint in exile] 22/7/2019 16:38

Ramping up towards news

[jakecat1] 22/7/2019 14:30

Shh. Radio silence appears to work well for this stock.

[abbett1] 22/7/2019 13:50

What have I missed today?

[johny cash] 17/7/2019 22:57

What a profound statement. You have stopped the flow of conversation for nearly one week.

[tech_ip] 11/7/2019 11:45

Same problem, different day.

$1.7 billion NPV
£60 million market cap

How to close the gap?

[jakecat1] 11/7/2019 09:05

Next charge up? If so, we may well batter down the 50p door this time - in my view. Hopefully a good slice of blue sky after that to 55p.

[marvelman] 10/7/2019 18:27

Consolidation at this level and it would appear we are building some strength with the profit takers having almost completed their mission. Patience required now and retaining ones confidence that BCN is reaching the end game after a very long journey.

[tech_ip] 10/7/2019 13:05

Looking very good as we await sign-off before July end.
Could come anytime as the Chinese are very keen to seal the deal in light of Trump troubles and their desire to dominate lithium.

[svsvsvsv] 09/7/2019 18:23

Many thanks Jimb2.