Bacanora Lithium Share Discussion Threads

[parob] 03/5/2021 10:20

GM to Invest $1 Billion to Build Electric Vehicles in Mexico30 April 2021hTTps://www.bloomberg.com/news/articles/2021-04-30/gm-to-invest-1-billion-to-build-electric-vehicles-in-mexico

[robertspc1] 03/5/2021 08:34

Just seems the party has gone flat since the fundraising. Lithium prices rising, shortages forecast, political pressures, etc and the shares sitting well below the placing price

[r65767] 02/5/2021 16:52

They had been sending test lithium to offtakers for years from their Pilot Plant. It's top quality battery grade Lithium which helps keep processing costs low.

[donaferentes] 02/5/2021 15:57

Errr, dare one mention first lithium pour - or whatever you do with a volatile metal - as another key milestone to look forward to.

[cleverinvester] 02/5/2021 13:48

This one is about to get exciting...

[r65767] 29/4/2021 21:50

There are lots of catalysts.
Genfeng completes increase in shareholding to 28.8% of BCN
Final engineering specifications fro
Ganfeng completed.
Whether stage one will be 20ktpa
Progress on build milestones reached
Lithium prices rising
Positive articles in press
Investment houses building stakes in BCN.

[robertspc1] 29/4/2021 21:39

BCN have ticked all the boxes. But that seems to mean there are no major catalysts left for the share price.

[husbod] 29/4/2021 18:31

Decent buys at the close. Augurs well tomorrow which means the share price will probably drop.

[farrugia] 29/4/2021 14:30

what other lithium miners would you guys recommend? I bought another chunk of BCN yesterday but looking for others to diversify. Here's an interesting table - Any you particularly like from here? I'd prefer to avoid the multi-billion plays.

[husbod] 29/4/2021 12:50

Yep anything under the placing price of 45p seems a bargain to me. Topped up earlier myself.

[coldjoe] 29/4/2021 11:34

me too, only a matter of time for a lift off, I'm looking forward to the next update!

[andyview] 29/4/2021 10:19

I keep adding here as and when and look forward to the (inevitable)rerate imho

gla

[farrugia] 27/4/2021 16:11

what other lithium producers do you guys recommend? I'm looking for multi-baggers but with moderate risk.

[cleverinvester] 20/4/2021 11:32

Yea I had another top up here this morning.big things coming

[geraldus] 20/4/2021 07:53

Toyota now committed to stop ICE by 2030.Becoming a watershed and very interesting to see how it all pans out.

[robertspc1] 19/4/2021 19:07

Interesting Lithium merger in Australia... they see lots of upside in medium to long term. BCN surely due a bounce

[goodgrief] 17/4/2021 22:37

Bacanora valued at 1/6th of its American peers.htTPs://youtu.be/Pulyoz0ZcOo

[cleverinvester] 15/4/2021 17:32

Parob the only thing holding this back is Mexican politics which I feel is over done. They will be after fossil fuels not BCN.Lithium is the future...

[parob] 15/4/2021 13:09

Looks like you got a good price. Hopefully we can put a higher low on the chart in soon, then a push through 46p on the next attempt.

[cleverinvester] 15/4/2021 10:10

Just bought in here and POW today. To me copper and lithium will be the next rally

[r65767] 12/4/2021 19:49

Closed at 47p. Will probably drop back to 46p tomorrow. But the graph will be an upwards slope from here. Up then down but trending up.

The funding is complete and preparatory work is under way.

[purchaseatthetop] 12/4/2021 19:27

I keep on dipping into my float of cash on my SIPP for BCN. Might have to do so again tomorrow. This is starting to look seriously positive with the lithium price rises. 50p soon IMO

[parob] 12/4/2021 14:15

Hopefully we can close above 46p one day this coming week.

[purchaseatthetop] 09/4/2021 13:03

r765767....that is how i looked at it as well. Sonora is where all the value is.

[r65767] 09/4/2021 10:39

Sonora a huge resource and is cost competitive with brines. It has offtske agreement for all of stage 1 and 75% of stage two it can easily upgrade to 50ktpa and above so Zinwald was a distraction of management and financial resources. It retains 44% ownership of Erris plus I think 2% of profits. So will add to BCN share valuation but is not putting any restraint on it to proceed with Sonora.

Focus is Sonora , Zinwald is a side show.