Member Info for Bannor

LoL .... Some (possibly small part) of it will be & you should do yourself a favour of you think otherwise just because you have vested interests elsewhere doesn't change that .... Personally I'd prefer the $200M Kiran indicated it could be worth on our SP when Lithium was a fraction of the price it is today ...or of course more!! but as said we'll have to wait & see wouldn't be the first time I was disappointed here if it gets sold on the cheap that's cheap as IMO..

Well we'll just have to wait & see ....still trying to get my head around twohits its valuable but not key to our value statement LoL...

...best outcome would be a sale IMO .... for the right price though none of this £10-£20M nonsense that's been bandied about on here by some (Ahem EVB!!) eh...

Better ways to clarify/identify that than posting up an extract from what appears to me to be an apparently biased complaints platform .....

Of course I would like to think the project would/will be developed in a social & environmentally responsible manner guided by the local & national governments requirements/legislation (without corruption) just not sure the purpose of this platform is aligned with responsible development rather than airing grievances.

..... what was the thinking behind using what appears to be a fledgling environmental/social complaints platform for any person/organisation with a gripe/agenda to promote our Sonora interest Jimb?

.....not sure why you think it'll be Monday or Tuesday ... or perhaps that's wishful thinking....

Considering they didn't get the signed agreements sorted until Christmas Eve & the court system was likely slow/shut for the Christmas / New year period I personally suspect we've only recently submitted or they've only just stated processing ....

of course if the courts prioritise it we could get notification early next week but I've got it in mind it'll be towards the end of next week earliest & possibly the week after ..... not really bothered now on the when as it'll be soon enough regardless & no longer seems to be an if ....

If it comes earlier happy days but very happy to wait now until it's announced without trying to second guess the when :-))

.... could they be shipping for Gerald's as well?

You'd like to Sphinx so....

Indeed .... considering Kiran stated that we could potentially expect $200M on our MCAP for Sonora & that was when the price of Lithium carbonate was a fraction of today's price .....

Name changed in 2017 ..,..

Rare Earth Minerals (TCKR:REM) to become Cadence Minerals (TCKR:KDNC)
2017-03-20 10:46:00
The name change is expected to be completed by Monday 27 March

Zoom..... No it's more likely that they'd exercise their options after an offer has been made but I think we're a long way off that (if ever) it would be usual for a company considering a take over to take a healthy position in the target company first ...that in itself would push the SP up ... when a company makes an offer they would have an understanding of all outstanding options & rewards as it would need to be factored into the cost..... Once the offer is made & looks like it will progress the BoD would exercise their options (assuming the offer exceeds to exercise price!!) as it occured on BCN ...

EV yes agreed but there are choices for any additional revenues as well aren't there ... debt repayment/operational reinstatement could be accelerated ... we could offset any revenue taken in Indo's favour to go to 27% offset or go to 49% or put it in the ban to progress/increase exposure to other assets.

It's all just a bit finger in the air, guesswork & uncertainty currently - next couple of months/year should be both illuminating & exciting eh ....

EV .... the options don't expire until 2026 so they have all that time to sit & wait, Amapa is only one part of the 'potential' assets that will lift the SP .... & as much as I like Amapa, recognise the value potential & am strongly behind the JRP structure & believe we've done very well & achieved much to get here it's also evident that we can't be 100% certain when potential revenue is going to come our way or in what scale.... as you know revenues & sales will initially be used to pay off historic creditors & reinstate operations, mine, rail etc so it's a bit sketchy as to how much we'll get from it & when .... eventually it'll be great I'm sure providing we aren't taken out first .... I'm not sure where the SP will be in 2 months time but don't think it would be at a level that could be considered stable & if they were my options I'd be exercising them when I can do so at the optimal point up till the middle of 2026 ...... which to me would be much higher than 40-60p range .... no I would wait to see how GFL & Sonora pan out as well as Amapa if that occurs within 2 months maybe but if it does they won't need to exercise to go to 27% anyway would they ....

I'm actually half expecting them to exercise on the earlier of if we get taken out with an offer they're recommending (a la BCN) or once the GFL/Sonora & Amapa have both been resolved... there's much better ways to go to 27% for them rather than putting their hands in their own pockets at this point IMO

Just me each to their own thoughts though eh!

Yes I did EV but quickly discounted .... why would they put their hands in their pockets at this juncture (& SP) I'd wait until the SP was well north of here & stable &/or a buy out was on the table ... they've got time on their side for that .... not only that but it's exactly what I'd be thinking/doing in respect to the options as well.

LoL .... Who's to say there's going to be a raise in any event MD there are numerous & too many other options ..... but don't be naive enough to think we'll get a look in because you think we're 'owed' one we forgo that 'right' at every AGM .... best you can hope is you might get a look in for the funding from 27% to 49% .... although I guess it's also possible we could forgo revenue in favour of Indo to fund that as well .... Just a musing ...

the movement/requirement/trigger to take us from 20% to 27% (similarly to the initial 20%) is contingent on the completion of PFS & the obtaining of various licences so until those points/elements are satisfied there is no need to concern ourselves with how it will be funded ...... although they should really already have the source/funding in place or the options sorted unless another option presents itself in the interim so talking & fretting about it is moot in my opinion it will now be what it will be & I suspect we won't get a look in on this....

..... same here JP ....

& assuming it was a straight forward buy whoever it was is now nursing a £6k loss .... In less than 4 hrs ..... hopefully it won't be for too long !!

.... if you're quick you could try again !!

cyfalafwr

Posts: 85

Price: 31.50

No Opinion

RE: Topping UpToday 09:45
I placed a fill or kill 30p order in 7a.m. . It got killed ..lol

.,... doubt it personally TC .... why would they with all the options @29p they've got ..... I suspect it's just a trader looking to offload for 10/20/30% ASAP......

100 posts on a bank holiday Monday not sure I'll bother trying to post tomorrow, instead I might just sit back & watch what happens with the SP & volumes....

Good evening most .... :-)