Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Pretty sure DM said the water rig would be used for shallow targets - not the deep targets.
Larger rig is certainly required for deep targets.
I would rather have rigs with too much drill depth than too little to proceed forward.
So the question on everyone's lips is... Will there be a plan to acquire one before end of winter.
If there is a plan; how much will it cost us.
Personally I am okay with dilution on the back of such plans.
I am not okay with dilution for further exploratory campaigns.
Many of us already bought into the existing 4 hole campaign and evidently left wondering why the campaign was not executed as per the timing plans given to market.
It could be interpreted as very bullish that we have put all the eggs in the Tai basket. Or you could interpret it as incredibly reckless to deviate from a funded plan as we have done without a sufficiently documented reason for doing so. Perhaps that explains alot of the market reaction to recent events.
Holding for a solid update on plans going forward.
As long as the market is open and demand for Helium we will float up like a blimp.
Just not a rocket...for now!
GLA and DYOR.
The title of that article is absolutely outrageous... first paragraph walking it back to "offered to buy" whilst they haven't even finished completion of the increased stake. No mention of negative sentiment that this has drawn up...it was even brought up in Parliament. Sir Iain Duncan Smith, the former Conservative party leader said: “The Government should now call this in and block it. "
Hi Mr.Fibbles, in case you were not aware, Bacanora was the original owner of the Zinnwald site and have spun this out here. So there is no immediate risk of Bacanora taking it back. They are in the midst of a takeover bid themselves.
DYOR and good luck!
Next milestones as I see them...purely my own opinion. DYOR of course.
Completion of flow sheet and subsequent engineering plans from gangfeng.
Critical infrastructure sign off and build (roads , water, power, accomodation)
Big Capex purchases for phase 1 production - PS mentioned this would be 2022.
Minor news along the way to those milestones may be new and future offtake agreements, distribution partnerships, new end customers coming to market increasing demand.
Or the rumour of this battery recycling facility in Sonora coming to fruition.
Negatives along the way would only be delays in reaching those milestones...bit of all the juniors in this sector BCN seem soonest to bear fruit than other prospective sites and on a massive scale too.
As I'm sure people would agree here, that lithium demand is here to stay for the moment and demand projections are all pointing 1 way. We haven't even begun to see the repercusions of the European legislation on ICE vehicles; or any green policies from the new US Administration.
Patience is king here.
Very cheerful presentation!
Link below to the pdf for everyone.
https://wp-zinnwald-lithium-2020.s3.eu-west-2.amazonaws.com/media/2021/02/02212035/Zinnwald-Lithium-corporate-presentation-03.02.21.pdf
..Than the hog roast left in the freezer.
Also Two years will not feel like very long in this climate.
Good luck to all in the morning.
Has anybody else noticed the trading volume differences between BCN and ZNWD?
Would this be an indicator that BCN has less notoriety as a lithium play at the moment, despite being further developed and much larger scale and offtakes in place?
Appreciate all thoughts and info. Many thanks.
You must be new here. BCN just span out the Zinwald project, but remains significant shareholder. Zinwald's success is BCN's success, some here likely have holdings in both now.
Also been watching this board for many years, lots of really informative people. Many thanks to them.