Bacanora Lithium Investors - BCN

Bacanora Lithium Investors - BCN

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Stock Name Stock Symbol Market Stock Type
Bacanora Lithium Plc BCN London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 67.00 00:00:00
Open Price Low Price High Price Close Price Previous Close
67.00 67.00
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 28/1/2022 01:41 by theshidoshi
I wake up to my BCN shares on Interactive Investor showing a total loss of -100%. I thought they would be closed out if I did not sell and get paid 67.7p/share? Nothing was deposited in my ii account
Posted at 17/11/2021 19:06 by casablanca44
@godofserpents. Thanks for info. On balance, I think I will hold on until if/when it is unconditional. It appears a no brainer to me to hold on, assuming we can still accept afterwards. Its all a bit unclear and risky but we should make Ganfeng sweat for a better offer. Each investor has there own criteria to make a decision, dependant on holdings and risk, of course... There is a little to be made on Zinnwalds shares, assuming they climb , if takeover happens. Thanks.
Posted at 16/11/2021 15:28 by ukgeorge
A potential home for you BCN profits

16 November 2021

IronRidge Resources Limited

Investor webinar

2021 has been a transformational period for IronRidge Resources Limited (AIM: IRR), an Africa focused minerals exploration company with a significant lithium pegmatite discovery in Ghana, extensive gold portfolios in Côte d'Ivoire and Chad.

The Company is pleased to announce that Vincent Mascolo, Chief Executive Officer, will be presenting at an investor webinar,

The event will be held on Tuesday, 16 November 2021 from 6:00pm (GMT). To attend, please register your interest at:
hTTps://us02web.zoom.us/webinar/register/8316361143951/WN_JJxz_-voSNuZ25zYx7CnVw

Posted at 08/11/2021 09:25 by tigletpiglet
To eakin28 Oct '21 - 14:01 - 5553 of 5568

Clearly you're an amateur investor or just unwilling to take the letter as an input to your thought process. It's very childish to accept or reject based on your angry response to a letter. Grow up and think it through properly as an objective investor.

I got the same letter and it made me think about the merits of this offer. When I originally invested in #BCN I had a share price about 10x as much as the offer price in my analysis. I'd lost hope a bit as I thought it was a done deal because the board have supported it and committed to the deal.

Now I'm not so sure. I looked at the last two RNS and there was zero increase in acceptance of the offer. All Ganfeng did was add the M&G figure to the total where the just listed it as a letter of intent the previous week. Other than that zero incremental acceptance.

The exec board members stand to benefit from their options vesting early on the takeover yet have very little actual % holding in the company.

Ganfeng have massive take off agreements that need this 250+ year resource and are clearly making a strategic play as are many other Chinese companies. There's no way they will back out if their offer isn't accepted. Either they will increase it or continue as JV partner which will be a lot better, financially, for LT shareholders.

Having analysed all the inputs I can find, I've decided that they are not best representing my interests as a shareholder and I am going to REJECT this offer.

Just my thoughts, speculation and opinion and in no way financial advice.

GLA

Posted at 03/11/2021 18:32 by casablanca44
Little help please.
If saying no to offer and Ganfeng acquire 50%, will investors still be able to accept offer before possible de-listing.
Once again AIM investors being shafted for what is a highly valuable asset,
Cheers.

Posted at 25/9/2021 11:46 by exbroker
Oh dear

Another day another private investor who thinks his company has been stolen from under him.
I love the naive optimism that despite all the past failed attempts somehow this time they will be able to stop an agreed deal and then somehow magically get better terms than the company’s management managed.
This is an offer not a scheme so there is NO VOTE.
Ganfeng need 50% to close the deal. They hold 28.9% + 13.7% from M&G and 5.5% from the arbs gives 48.1% before any other holders have accepted.
Deal done move on!

Posted at 24/6/2021 07:33 by mark1000
In view of the mail above may be there will be an offer of cash or a Gangfeng share alternative so the institutional investors can remain invested in lithium.
Posted at 04/6/2021 10:04 by barbello
Broker comment this amMexico - Consumer confidence 42.7 in May vs 42.4 in AprilGovernment drops plans to nationalise lithium productionThe Mexican government is reported to have changed tack and is said to be encouraging investors into developing new production.The report is good news for Bacanora Lithium which is waiting for Genfeng to confirm its offer to acquire the company.The government is due to introduce a market-friendly lithium bill in September following mid-term elections on 6th JuneThe government had been looking to take 51% stakes in lithium production in public-private partnership with miners
Posted at 08/5/2021 16:10 by donaferentes
Me thinks the lady doth protest too much. The only investors who truly supported BCN were those investing in the primary issue of nee shares. The shares on the secondary market come entirely from them who have sold presumably more, or less, content with their return (or escape). Those buying in the secondary market have no role in supporting the company, merely taking a calculated bet that they can sell their shares on higher. A guaranteed price of 67.5p now may not be the 2-500p dome we're hoping for, but they are totally de-risked and have an opportunity value to invest elsewhere. Gang EMh owes you nothing.
Posted at 07/5/2021 07:36 by mark1000
Interesting question were the big institutional investors approached before yesterdays provisional offer. Pretty stupid if no conversations and yesterdays approach was a pure suck it and see.Lets hope the Institutions will support it only if the bid price is increased. Could we see other bidders?
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