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Pots calling kettle black.
Fella you were being patronising simple as. I'll leave it there.
Done in my case ! No more Brexit !
Yep please please stop Brexit chat! I can’t deal with anymore of that!!! Looks like this bob guy achieved what wanted, we’re replying on this stupid subject line. Any chance can move a Brexit chat off here please? I beg!
So you dont like the fact that I said Scots are smart and that I respect them !!! Wow how wierd is that !
Agreed..8-)
He has now even got people arguing about Brexit. What was so encouraging a couple of days ago was the fact that everyone was united and talking about what we could jointly do.
Think Bob is making his mark by distracting people here from the issue at hand, namely the buyout. He has started a lot of discussion about his ridiculous nonsense which is maybe all he was intending to do. Best not to engage with him or make any comments about his nonsense, just completely ignore him. It's like when you get a cold call from a salesman, as soon as you start engaging with them you get drawn in deeper and they always have an answer for everything. Look at the number of post with this heading compared to what we were talking about. Nothing he says warrants a response.
Well let's look at your post on Scotland which is bot patronising and uneducated. I've lived in Scotland for 23 years so I guess that would at least allow me to have an educated viewpoint on the Scottish viewpoint on Indepence and yes I'm.also I English so it I guess allows me to see both sides of the independence issue. Which coincidentally I dont agree with however alluding to those nice Scottish folks are smart and will see my point not to go along with the independence vote shows a lack of understanding and that can transport across to the European vote. And to date other than the vaccination debacle in the EU I'm struggling to see how we as a country are going to get the best side of this deal. However as I don't normally get so agitated I'll take a chill pill, enjoy the rest of my train ride back to not so sunny Scotland and wish you the meant very very best. GLA
Quantas - You are eluding to the fact that I hate all continental Europeans - not true and a conclusion that remainers always seemed to draw to during Brexit. I just hated the beaureacracy and people that tended to man the EU organisation and the fact that it seemed we were in a club that we COULDNT exit.
Dont think Bob will post again after his bumbling blunder. Clearly attempting to persuade people to ignore facts.
fozD you are no doubt correct - nobbob (BB) knows the facts fine well;
This is clay, not hard rock, this is open cast (cheapest form of mining). The finished product will be shipped direct from Mexico to battery plants most likely in the western hemisphere (North America / Europe), which is a lot cheaper than transporting spod or part finished salts to China then the West.
Alterior motives - YES
Fozdog, well put. Borderbawbag is not what it seems.
This is very sinister to me, you reek of a disruptive force during bid spec. I do not believe in your intentions here and trying to make some eloquent poetic attempt to make you sound less disruptive and like you have now suddenly done some “research” makes me scrutinise you even more.
You ultimately are trying to imply this is a good deal which no Pi on here agrees with you. This feels very coordinated to me.
@treblejohn67, who asks "Bob, what facility will there be at sanora?"
I have no idea what you mean by that question. Is it about Sonora? And in some Spanish-speaking countries, "facility" is the polite word for WC (long story about an American comic's monologue on how that means Wayside Chapel). But I was just doing some more research about what kind of lithium extraction was intended at Bacanora, the joint venture with the Chinese who already own 50% and a contract to buy all production.
Someone please correct me if I am wrong. The most expensive method to produce lithium is to break up rocks that contain it. That's what they plan for Bacanora. The less expensive method is to find it in brine, let that evaporate, then process the residue. And lately, there are stories about an even cheaper method to produce it with a sulfuric-acid process.
So is this like a coal mine on a windy shore? New technology may obsolete the old.
Add to that, the Chinese have to use smaller ships to move the semi-refined ore 400 miles southeast before turning around the Baja peninsula and heading a lot farther northwest. Granted, not as far away as Chile and Argentina, but Australia is a lot closer if those two countries don't go to war.
I should probably look at the archive of messages here and see what people were saying a few months ago when the company agreed to sell the Ganfeng Gang millions of shares for 45p each. You could have taken the same deal, too, and a 50% profit is not bad even if it takes a year.
In Sonora, what chickens lay and you eat for breakfast are not called eggs. The word "huevos" refers to a part of the male anatomy. So the polite term for locals is "blanquitos" -- little white ones. The more I look at this deal, the more I think the British have the Chinese by the huevos. Remote location, outdated technology, but already lots of yuan dumped into the project. The inscrutable way to save face is to control the accounting so no one knows how much is being lost?
I own shares in a dozen lithium small caps. I expect to lose money on most of them. I just want to be involved with the two or three that succeed.
****oss why has he a blinkered view perhaps it’s you that is blinkered ( excuse the Apple predictive text) :)
Wow. MrCautious. A somewhat blinkered and hysterical view on our friends across the water....I guess I'll take a moment to figure your voting leanings.....hows that £350 million we are saving. Oh and lest I forget blue passports all seems worth it now....
Bob
I have nothing against new posters. The opposite in fact because all new views are useful. Equally I have no problem with people with less enthusiasm than myself and the others here for BCN, such a view can prevent our rose coloured spectacles from obscuring the true situation.
The problem I have with your posts is that you have apparently literally just joined this LSE forum with the sole intention of casting doubt of this share. Now while spending your valuable time in such a way could mean you are a selfless human being trying to save us deluded souls, I personally doubt it. To join lse just to critisise BCN when you say you have only a nominal share holding is very odd behaviour, and I personally will not react further to your posts. If others do that is up to them, but personally I hope they don't encourage you
Bob, what facility will there be at sanora?
I have issues with our former president's border policies. He and his followers consider the UK a socialist state, but then most of what they know about socialism they have been taught by Rupert Murdoch. We are still not welcoming as many refugees as our economy needs and our morality should support, but the significance of that here is that decent people don't want to live in a failed state where there is no effective government and you have to bribe not only those who control the military but those who don't.
The Chinese are good at doing so. That's why investment in Bacanora was safe -- you became a business partner with the Beijing regime. Apparently many commenters here were paying a higher price for the shares than what I did recently. What did they expect? Qui cum canibus concumbunt cum pulicibus surgent.
The Phoenix AZ newspaper this morning has a lengthy article about three EV manufacturers in the urban area, about 400 miles from Bacanora. Oddly, there is no mention of where they are going to buy their batteries, or lithium for them. One of them is assembling parts from China. Ganfeng had no plans to market its product in the US; they were going to ship it from Mexico to China for final processing and use. Then send it back to near where it was mined? Interesting situation.
Borderbob - Yes there is tearing going on here, but if you look deeper at Brexit and the EU you will see that the EU is a nasty spiteful and anti-democratic organisation, and we are well rid of them as their post Brexit activity shows in spades ! Yes the scots are being fired up for independance by some - but the Scots are respected and smart people and we hope they have more sense. The opposition party in the UK is now such a mess (of their own making) there is no opposition !
Bob, I have the feeling your timing for such posts have went down like a lead balloon. Still not convinced on your motivations. Bringing up other issues with your subjective and blinkered views will raise eyebrows.
I wasn’t going to engage this but borderbob but talking about Brexit and sat as you said on the border to Mexico of course you are going to feel like that!
If you have issues with your new presidents open door policy take it up with your congressman or woman.
Now had you said the concern is Mexico with Amlo, mid terms and already seeing weakness in government yields and cds contracts I’d have at least listened.
The region is about socialism and Peru just lost that battle to a banker in their latest election polls.
Ford and others have already opened arms to doing business again and putting factories in Mexico now trump has moved on (maybe only for now).
Mexico needs money - Amlo will push his policies for backing then put his hand out.
If you want to use the U.K. our last socialist attempt to well Marxist with Corbyn has destroyed the Labour Party and its the weakest it’s ever been.
My only one concern here has always been Mexico but the fact we are at this point they are not about to cause an issue with China or the usa for that matter. My biggest mistake was doubling and tripling down rather than hedging sensibly with lac so I do not discount the Mexico effect and have been the one stating on this board.
However you have come out of nowhere in the middle of bid spec with pis clearly voting against the deal talking about a failed state - I do not trust, like or respect that and can’t help but feel there is someone behind that. That is malicious in my view.
Yes, this is my first post here, because BCN is the first British company that I paid an extra $50 commission to invest a very small amount in, just to follow it along with other and better lithium shares. And I was amused that the same people who are tearing the United Kingdom away from Europe, and then tearing the United Kingdom apart, are the "savvy" investors who have no idea what doing business in Mexico means. I suppose many of them are hedging their bets with cobalt mines in Congo.
Not here to gain anyone's respect. Happy for the ad hominem attacks. It means there is no disagreement with the point I made (see "Subject") -- Mexico is a failed state, and a foolish place to invest (although I am ahead so far on this lark).
Agreed mathew - 80p minimum for me to be moderately happy