Share Name Share Symbol Market Type Share ISIN Share Description
Bacanora Min LSE:BCN London Ordinary Share CA05634Q1054 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 85.00p 84.00p 86.00p 85.50p 85.00p 85.00p 96,123 14:00:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.1 -7.7 -8.3 - 112.12

Bacanora Min Share Discussion Threads

Showing 3751 to 3772 of 3775 messages
Chat Pages: 151  150  149  148  147  146  145  144  143  142  141  140  Older
DateSubjectAuthorDiscuss
13/7/2017
19:38
'ELECTRIC cars are expected to see the demand for power increase by 30 per cent – the equivalent of more than five Hinkley Point C nuclear plants, the National Grid has warned.'
coxsmn
10/7/2017
09:56
good article hTTp://www.autonews.com/article/20170710/OEM01/170719958/industry-needs-40-gigafactories-vw-says?X-IgnoreUserAgent=1
andrbea
07/7/2017
13:52
Good stuff.
ifthecapfits
07/7/2017
13:50
From yesterday's FT: Among the companies already making plans to be a part of the global shift to electric cars is Bacanora Minerals, a London-listed junior miner with rights to lithium mining sites in Mexico and the German-Czech border. Lithium, sometimes known as “white petroleum”, is an essential ingredient for electric cars. Peter Secker, Bacanora’s chief executive, said mining lithium garnered little interest just a few years ago, but the VW diesel emissions scandal in late-2015 served as a catalyst for a mindset change at VW, Mercedes owner Daimler and BMW. “All of these guys are making huge statements,” he says. VW alone, which sold more than 10m cars last year, says a quarter of its vehicles will be electric by 2025. “Even if they get halfway it is still a huge quantum shift,” Mr Secker says. According to Liberum, an investment bank, by 2025 car batteries alone will require 258,000 tonnes of lithium — 30 per cent more than total demand from all industries last year. A decade later, it projects, car battery demand will rise sixfold to 1.2m tonnes.
wageslave
28/6/2017
08:37
Tuned to agree ifthecapfits. I've only a small holding in this and will add some more when we see some further action. The Hanwa deal to me de-risks this share and so happy to hold and wait.
uapatel
28/6/2017
08:31
Think this will drift until we get news.
ifthecapfits
27/6/2017
09:03
Thank you for posting that andrbea.
uapatel
27/6/2017
08:46
Are we expecting any news to get this thing moving?
beergut
23/6/2017
13:42
Great stuff, thanks andrbea (note you posting similarly on LSE, good effort!).
simonsaid1
01/6/2017
21:15
Another Spike in Canada. Up 17%. No Volume
beergut
26/5/2017
15:26
Weird, that 17% is a single trade of 200 shares.
simonsaid1
26/5/2017
15:11
How can it be up 17% in Canada & down half a % here? Why don't the Canadians just sign a w8-ben, buy this & make an instant 17.5%? Must be missing something!
runthejoules
26/5/2017
15:10
short TSX or buy here?
ifthecapfits
26/5/2017
15:07
hmmm. and down here!
ifthecapfits
26/5/2017
15:06
Looks like that - equivalent of 101.4p
igbertsponk
26/5/2017
15:01
is that right up 17% in Canada?
ifthecapfits
26/5/2017
14:38
Good start in Canada.
hazelst
25/5/2017
08:09
Happily,the price to get on board is going up.Hanwa took an initial stake at 82.5p,Capital are paying 86p and as you say Bookworm,it's at a premium,not much of a premium though.I guess they've done an average of the last 15 days prices on the back of an envelope.
steeplejack
25/5/2017
07:31
RNS. http://www.investegate.co.uk/bacanora-minerals-ld--bcn-/rns/issue-of-equity/201705250700081640G/ Very good news. That rarest of rare things on AIM, a fund raise at a premium to today's share price!
bookwormrobert
11/5/2017
09:49
For a smallcap miner this isn't a long period of silence, we did just have news of a 100% offtaker and a new 50% interest in a huge mine! If you want to know the current state of play, Peter Secker did an interview with the Investor's Chronicle, available for free on their podcast or in text form on their website (subscription required for website). BCN are now heads-down working hard on the DFS which should be complete by the end of the year, and looking for institutional shareholders to take on additional shares. There will be some dilution to increase liquidity, which should mean the shares become more reactive to news events and begin to reflect the incredible value here. If you read the following report on Cadence and look for the parts on Bacanora, you'll note the enormous amount of relatively derisked potential here: http://www.edisoninvestmentresearch.com/research/report/cadence-minerals/full#js And specifically: 'Edison estimates that Bacanora’s total economic interest in Sonora is 82.52% (effectively a time-weighted average of its 100% interests in the underlying concessions and its 70% interests). On this basis, the NPV of the project (US$542m) equates to US$3.63 (£2.81) per Bacanora share on an attributable basis (cf Bacanora’s share price of 85p at the time of writing).' As I understand it, it is normal for a small miner to trade at a discount to NPV during exploration and FS, and move to a premium once production starts. So £3+ per share is not unreasonable in the next few years.
simonsaid1
11/5/2017
09:29
All gone a bit quiet again - to be expected with a small emerging company I suppose - whats peeps views on the next news to take us to the next level - so to speak?
ifthecapfits
08/5/2017
10:33
Nope I think you covered it well. To expand on the share price point, he said that the top 6 shareholders hold 55% of the stock which is preventing significant movement, so diluting shares will, somewhat counterintuitively, restore liquidity and hopefully peg the share price more closely with company performance (as opposed to the dull stasis it's been stuck in for some time). I do hope he's right! He also addressed fears of a 'lithium bubble' saying that, simply, current producers cannot fill the gap between supply and rising demand, even as it stands now. This means that new suppliers like BCN and EMH et al are well placed, and that there's more space for additional new suppliers/mine projects to come online and still, demand would outstrip supply, ballooning the price per tonne. This bodes well for the lithium industry as a whole and, if you're happy with demand projections (I am, they're actually not barmy), this supply deficit can be seen as a significant de-risking factor for any viable early stage lithium project. The 'bubble' warnings seem to underestimate how long it takes to identify and acquire a resource and bring it into production. Lithium is abundant, but not in high concentration, so it's not economical to mine it from, say, broccoli (Secker's example!).
simonsaid1
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