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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 5726 to 5746 of 5925 messages
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DateSubjectAuthorDiscuss
29/7/2021
11:04
What a mess
dplewis1
29/7/2021
11:02
Extension to 26th August 😡
adobbing
28/7/2021
11:56
"...were supposed to have made a firm offer or confirm that their offer was withdrawn by the end of last month and that as they failed to do so they were granted an extension to the end of this month." Technically you are right but practically you are incorrect. You are mistaking the requirements of the Takeover Code to what has been agreed and announced between Ganfeng and Bacanora as I alluded to in my #5358 post (which seemingly you did not read). BCN, as a listed company, has to comply with the code but for all intents and purposes it is merely an administrative nuisance as I mentioned weeks ago.
carcosa
28/7/2021
11:50
This proposed offer has capped the price. Totally out of order
r65767
28/7/2021
11:36
Takeout price should have had a ratchet penny a month increase in it for each month fo delay.
igbertsponk
28/7/2021
10:46
Ps - are yuan insomniac or posting from the Far East?Hmm even my phone seems to have a Chinese component - I typed you and it came out as the Chinese currency. Spooky.
husbod
27/7/2021
23:26
This time last month I wondered which was more likely:1. A firm bid at the proposed price.2. A bid at a higher price 3. The withdrawal of the bid altogether.4. A request for another extension supported by our supine Board and granted by the authorities who seem to have forgotten that extensions should only be granted in exceptional circumstances.Answers on a postcard please.
husbod
08/7/2021
14:40
PS - the Newport Wafers takeover - see recent post - is now been looked at by BJ. Simply can't believe that it wasn't immediately looked at under the new law that is supposed to protect important industries. NW is apparently the biggest producer of semi conductors in the UK. If so we must have an extremely small presence in that vital market.
husbod
08/7/2021
14:33
Yep the other authorities ie the CCP have approved it. There's a surprise but it just shows how these strategically important Chinese companies are just tools of a very nasty state. Interesting article in this respect in the Telegraph on line today.Cheers Dee - so according to their normal practice the Takeover Panel should not agree any further extension but in practice they just roll over.
husbod
08/7/2021
11:09
Another pre-condition to formal offer met this morning
return_of_the_apeman
05/7/2021
20:52
@husbod I contacted The Takeover Panel, and in effect, extensions are only approved in extreme circumstances. Whilst in theory they 'approve' it, in reality they rubber stamp it. It's the board who are approving these extensions in the likely hope that we falter. Campaign is still going strong, with a lot more to come. These extensions are organising opportunities for us.
dee12345
05/7/2021
08:29
Not just lithium We have a great little hi-tech outfit down the road - Newport Wafers a Semi conductors supplier - and guess who's looking at taking them out.Might time it so we don't notice them taking out Taiwan and their essential strategic supplies.And who's building the giga battery factory up in Sunderland alongside the Nissan plant. Ah yes a Chinese company.Their testicles are everywhere.
husbod
04/7/2021
14:12
'According to Rystad Energy, the energy research firm, miners can cope with current demand for electric vehicles, but there will be a serious lithium supply deficit by 2027. Rystad thinks that the price of lithium could triple by the end of the decade unless new mines come on stream soon. That means that the cost of EVs will also rise. About 300,000 tonnes of lithium carbonate will be consumed by EV battery manufacturers this year. That will rise to 2.8 million tonnes by 2028. We therefore risk being held to ransom by a hostile state which controls the lithium supply. (Who could that possibly be?)'
farrugia
01/7/2021
10:44
Which makes the offer even less attractive.And yes I did read the original RNS.
husbod
01/7/2021
10:42
And each months delay is month closer to production.
husbod
01/7/2021
10:09
Who could have predicted another delay? Suspect the tactic is delay and delay until everyone just wants their money and rolls over and accepts the bid. Company has enough dosh anyway so can just get on as if it's already a Ganfeng subsidiary.
igbertsponk
01/7/2021
10:05
Why is it" unacceptable"? They made it perfectly clear in the 6 May 2021 RNS it would take months. Did you read it? In fact I even re-stated it in post #5358 (19th May) and #5360.
carcosa
01/7/2021
08:06
Surprise surprise.Completely unacceptable. Been investing for some 40 years and never known a company to announce a bid they're not in a position to activate.Another month of uncertainty.Time to contact the Takeover Panel and demand they refuse any further extension. Put up or shut up as they say.
husbod
30/6/2021
14:31
Something that may not have escaped Ganfeng's notice. Been up a while now in the People's Republic of China. Do we get to know their decision today or are they trying to negotiate a further deferment?Would have thought that if they were sticking to their indicative offer it would be a straightforward matter to confirm it.
husbod
29/6/2021
15:45
Think there could be a share alternative so there is a choice cash or GANGFENG shares our institutional shareholders love a choice particularly if they can avoid a tax bill.
mark1000
29/6/2021
13:42
Official offer at 67.5p coming SimpleIMHO GLA LTH
greenvulcan
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