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Share Name Share Symbol Market Type Share ISIN Share Description
Bacanora Lithium Plc LSE:BCN London Ordinary Share GB00BD20C246 ORDS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 67.00 67.00 67.50 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -9.6 -4.0 - 259

Bacanora Lithium Share Discussion Threads

Showing 5626 to 5650 of 5925 messages
Chat Pages: 237  236  235  234  233  232  231  230  229  228  227  226  Older
DateSubjectAuthorDiscuss
21/5/2021
10:14
I'll be joining later. Thanks for setting this up.
husbod
21/5/2021
10:10
I'm surprised that the Chinese cash has got here that fast. They clearly mean business with this opportunistic takeover and I expect everything to motor through at a rate of knots. Our only hope is that one of the large shareholders jholds their nerve and says "80p would seem fairer than the pittance you're offering". If you were one of the institutions why wouldn't you try that?
igbertsponk
21/5/2021
10:01
I, too, disagree with an objection to the takeover. If you believe the asset has a much greater value you can invest directly into Ganfeng since it is a listed company. You simply open an account that will trade in Chinese securities.
ptolemy
21/5/2021
07:41
Yip rimau 1 totally with you on this update I’m going to purchase if they play silly 🥴
linton5
21/5/2021
07:35
Good to see we have received the $34m from Ganfeng who are now paid up as a 29% shareholder. Getting cross border cash from China is a bureaucratic nightmare so confirmation is good and the approvals from the Chinese Govt should make the acquisition easier. Operational update was a little light (we have moved some dirt) but the key takeaway is that we are still on track for a 2023 commissioning, albeit H2. Looking forward to receiving my 67p and a project cost update when the tendering is complete, i am sure the project cost will be significantly lower than the official $450m now that we are sourcing everything from China.
rimau1
20/5/2021
22:48
Ganfeng need this production. It's the next mine after Lithium Americas' to be able to produce. They won't throw their toys out the pram if the takeover is rejected. But as for the share price? It may temporarily dip. And it's your option to vote for this - But we gathered over 250 people to stand against this. The mine has a 'value' to it now, and any drop is likely to be temporary once the dust settles.
dee12345
20/5/2021
21:29
I disagree wiht any objection to the takeover. The stock will fall back if its stopped. There is significant development risk. I realise many of you guys have a high cost of entry, but I do not, if I were long from 100p I may have a different view, but I doubt it.
rjmahan
20/5/2021
10:40
Much appreciated. We have set up a WhatsApp Group: hxxps://chat.whatsapp.com/ESJZbhSdurb0Nib8cfaqYF And a less active Telegram Group: hxxps://t.me/bacanoralithium If anyone wants to join the email campaign, please email SaveBCN@protonmail.com I have an Excel spreadsheet with the full email list, and draft emails. We are also collating our total holdings, so we know exactly how much bargaining power we have. I'm under no illusions, but we will try our absolute best, and not give up until we go back to a 50/50 JV.
dee12345
20/5/2021
08:33
Course you have permission
igbertsponk
19/5/2021
22:51
We emailed Secker and Hohnen directly, and this was the response from the PA: "Dear Dee Thank you for your email, it has been noted forwarded and noted. Please note at this stage, this is a non-binding possible offer and there can be no certainty that an offer will be made. If an offer is made, a further announcement will be made which will include the Board’s view on the offer. I understand more details will come in due course so please do bear with us in the meantime. Kind regards" We have a major National Newspaper ready to write an article, and this is just as much your money as it is ours. Please let me know if I have permission to post an email address/link to whatsapp and telegram groups.
dee12345
19/5/2021
22:48
Hello guys, I've posted on the 'other' board. We need your help. We're launching a campaign against this takeover. We have already launched a mass email campaign against Bacanora, some members of the government, and the majority of the key stakeholders. Over 50 people have already sent emails. We're still running this campaign, and we're now doing a headcount for shares, to make a point against the board, that we don't wish to be ignored. We have a whatsapp and telegram group, and we're not taking this lying down. Will you join us?
dee12345
19/5/2021
15:59
They have two options. Make it 'official' as you say or with various parties agreement extend that date. Given Ganfeng appear not to be in a position to go ahead with the buyout for some months then in all likelihood the first of several extensions would be most likely.
carcosa
19/5/2021
15:46
Thanks for that clarification It is my understanding that 3rd June deadline as per the RNS means that they must make the offer official by then?
greenvulcan
19/5/2021
14:55
A form 8 (and 8.5) is a standard requirement under the take-over code. For PI purposes they can be ignored. They are on the whole meaningless and you will likely find many more are going to be issued. The company has already indicated they will be giving/seeking multiple date extensions to Ganfeng under the take-over code. It will be several months before a formal offer is likely to be announced. The 3 June date is a non-event.
carcosa
19/5/2021
10:45
Surely today's RNS of BCN OPD form 8 is a sign of the offer nailed on being official pretty damn soon....GLA LTH
greenvulcan
18/5/2021
16:13
Yawn....boring...come on make the official offer!! And make it much higher Just Weak hands selling upMinimum 20% to be made from here for any new arrivalsAll my own musingsGLA LTH
greenvulcan
18/5/2021
13:13
Ganfeng are pursuing opening a lithium brine project in Argentina and have also inked an initial deal in setting up a lithium battery project in Argentina the jigsaw is falling into place South America will be massive regarding lithium in the future desperately needed I’d say for that part of the world creating many jobs and helping there economy
linton5
14/5/2021
17:00
Of course they know it's worth a lot more otherwise they wouldn't be willing to keep buying into it and then making an offer for the whole lot. I will only sell if forced to.lth.
r65767
14/5/2021
16:11
If on the 5th June they do make the offer I would expect the price to go into the 62p to 65p range as I assume the Chinese will be bidding not just up to 30% they currently have 28.8% but having made the bid they can buy on the market buying at todays price rather than paying 67.5p in eight months time.
mark1000
14/5/2021
15:57
Bid confirmed price will rise - no bid price likely to fall hence a binary play. I do agree that imho the share price and proposed offer of 67p is valuing the company way to low though.
catch007
14/5/2021
13:58
Definitely not a binary bet, I feel the bidder knows this is worth more than they are selling for right now else why even talk of a bid and enquire. This sector is definitely going to be extremely busy over the next 10-15 years maybe 40x current demand. So it's a good place to put your money even if the bid doesn't go through.
stevegrass777
14/5/2021
11:23
Haha..hardly a binary bet!! :-) I’ve been buying a few too but difficult in any size
0rient
14/5/2021
08:43
Taken the binary bet this morning at 55.7p of an offer being confirmed on 3rd June by the bidder. GLA
catch007
13/5/2021
11:31
How is this n excellent deal when most of us think the share is worth North of 2 quid?
igbertsponk
13/5/2021
11:19
The more people sell the more likely it is for shareholders to accept the deal. In any case it is an excellent deal for most shareholders. So the risk is primarily around the uncertainty the offer will be made. The pre-conditions in either direction look fairly trivial and I would expect no more than a couple of months before the offer is lodged.
hpcg
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