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Thanks EV Bull
What's changed, we were desperately awaiting the off-takes to fund $onora for years- that didn't happen with Hanwa failing to bring in the additional investors, then Trump years "climate change the China hoax" Morgan Stanley lithium oversupply prices $7,100/t - Pandemic - Global events
FFWD>>
Today Sonora must be on the radar of every global manufacturer who wants to sell into the US, we now have our JV's with a global leader in lithium mining and processing and soon to be recognised as battery supplier. Money is no object!
Mexico has over the last week become a critical battery manufacturing base for Chinese, Japanese and European EV manufacturers.
Tesla Berlin Model Y now rolling off the production line with BYD batteries shipped in from China - that won't happen in the US!
Last week a positive indicator that the concessions will go ahead and I'm sure the USMCA dispute will just fade away.
There must be multiple deals on the table with Ganfeng that just might land in coming days maybe weeks along with there own plans.
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I don't believe there has been a better time to be holding with the potential short term gains, we just need $onora over the line to launch KDNC into a new orbit that will be sustained by our other projects maturing.
Thanks EV .
@struv5 Well Said!...
No, the lithium price is way higher now (and expected to stay high), should be worth more.
Drag and Tag did not apply to the BCN takeover because it was the company not the asset being sold. Drag and Tag would apply in this scenario in that we would have some rights over what is agreed with Mex gov by Ganfeng.
The drag along clause requires the minor shareholder to sell their shares. The tag along clause requires the minor shareholder to be allowed to join in on a sale. Both clauses are designed to give the minor shareholder the rights to receive the same price, terms and conditions as any other seller.
So with ‘tag and drag’ policy can we expect the same value buyout as Bcn
https://www.mining.com/bacanora-lithium-accepts-ganfengs-391-million-takeover-offer/
Anyone trying to defend that wet wipe is just as bad.
How many times do people have to try and explain or make this simpler?!! No one disagrees with Micks opinions for goodness sake. Isn’t it obvious what everyone’s problem is here? It’s the day in day out repeating himself casting his negative, boring sad life on everyone else. This has gone on too long now. It’s clear to see he has an agenda. We are all here to make money, crying every day about past events does absolutely nothing for anyone looking in and the sentiment here. People have tried and tried to make him see sense but the sad act clearly gets a cheap thrill from what’s he’s doing. I too have reported because it’s clear he has agenda and I’m not having him drag the mood down every single day and they play a victim :)
Talking of the rem days, what ever happened to bcn. Do they still exist?
If so I what name do they trade as now ?
All I'm guilty of is trying to move the agenda forward..
It was Mike that implied your only a genuine investor here if you've be in since REM days
Point being @masterbaker I dont drag it up every few minutes..
Yeh, agree
" Just shut up about Rem days "
" I've been here since 2014 REM days under your understanding of genuine investor I qualify Mike, And I gave Ivy Bush a tick up... "
Fact ..we are Candence Minerals
Fact. Share price is 11.375
Fact. placement is done
Fact. you can't change the past
Fact. When something is done It's done
Fact .who knows for certain what the future holds.
Fact. None of us actually live in the past.
Fact. Look to the future. Its all we have as investors.
Just shut up about Rem days it don't entitle anyone to anything more than anyone buying in tomorrow.